Stephen Miller Criticized for Stock Sales Following Major Trump Administration Deal
Stephen Miller, a top ally of President Trump and White House Deputy Chief of Staff, is facing criticism for selling shares in MP Materials, a mining company, shortly after the Trump administration announced a significant investment in the company. The administration agreed to invest $400 million in MP Materials, acquiring a 15% stake and committing to purchase its products. This deal caused the company's share price to surge, reaching a historic high shortly after the announcement. Miller sold his shares on August 14, when the stock price was at its peak. Although Miller's actions do not appear to violate any laws, ethics experts have raised concerns about potential conflicts of interest, given his senior position in the White House. A White House official stated that Miller had consulted with the Office of Government Ethics regarding his stock holdings.