Post #38043 by PucksFool on the US Policy board

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http://archive.today/2025.02.07-211959/https://www...
Kash Patel, President Donald Trump’s nominee to be the head of the Federal Bureau of Investigation (FBI), owns stocks valued between $1 to $5 million in a company that controls Shein, a controversial ecommerce and fashion giant founded in China, according to lobbying and corporate records from three countries reviewed by WIRED. They show that Patel began consulting for Shein one month before the company also retained the services of a lobbying firm where Pam Bondi, Trump’s newly confirmed US attorney general, worked at the time.

In a legally required financial disclosure, Patel told members of the US Senate—who are expected to vote on whether to confirm him next week—that he does not plan to divest his stake in Shein if he becomes the leader of the FBI. He was allotted shares in the fast-fashion company, which is reportedly valued to be worth $50 billion, in the form of what are called “restricted stock units” (RSUs).

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