Stephen Miller Criticized for Timing of Stock Sales Following Trump Administration Deal
Stephen Miller, the White House Deputy Chief of Staff and a close ally of President Trump, is facing scrutiny over his recent sale of shares in MP Materials, a mining company. This sale occurred shortly after the Trump administration announced a significant $400 million investment in the company, which caused its stock price to surge. Miller sold between $50,000 and $100,000 worth of shares on August 14, after the stock price had risen from $30.03 to a peak of $76.58. 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 administration. The White House has stated that Miller divested from his stock holdings in coordination with the Office of Government Ethics, and he was not involved in the negotiations between the administration and MP Materials.