"Tommy Beaudreau improperly held stocks in ExxonMobil and Chevron, according to the Interior Department’s Office of Inspector General."
"Tommy Beaudreau, who served as the Interior Department’s No. 2 official before stepping down last year, violated federal ethics rules by failing to monitor his investments in oil companies and recuse himself from a related matter, the agency’s internal watchdog said in a report released Tuesday.
The former Interior deputy secretary improperly owned stock in ExxonMobil and Chevron for about a year, according to the report by Interior’s Office of Inspector General. Beaudreau, whose financial adviser bought the stock without his client’s authorization in June 2022, did not initially realize that the purchases had been made, the report found.
Upon discovering the stocks in June 2023, Beaudreau immediately alerted his financial adviser and Interior ethics officials. The Exxon stock was worth roughly $4,920, and the Chevron stock was worth roughly $4,880 at the time of purchase."
Maxine Joselow reports for the Washington Post October 1, 2024.
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