USDA Nominee Perdue Is Cutting Business Ties But Keeping Real Estate
- Perdue was criticized as governor for not using a blind trust
- Shows as much as $47 million in assets, income of $1 million
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President Donald Trump’s pick to lead the U.S. Department of Agriculture will sever ties with his farming business while keeping his real estate investments, according to disclosures released Sunday by the Office of Government Ethics.
Sonny Perdue sparked controversy during his two terms as Georgia governor by refusing, as Trump has, to place his assets in a blind trust. But if confirmed as agriculture secretary, he will turn over his company interests to a pair of new trusts in which neither he nor his wife will have a beneficial interest, according the ethics agreement he signed.