A Trump administration official’s televised endorsement of Tesla stock has raised concerns about potential ethical violations within the federal government. U.S. Commerce Secretary Howard Lutnick said “buy Tesla” on TV, shortly after former President Donald Trump showcased Tesla vehicles at the White House.
The 1989 law prohibits federal employees from using their position to promote private interests, including endorsing products or services. This includes cabinet officials like Lutnick. Experts say his comment likely crossed the legal line and could have serious consequences if punished.
Unlike previous administrations, there is no clear indication that formal action will be taken against Lutnick. The Office of Government Ethics has not publicly responded, and internal reviews within the Commerce Department are unclear. watchdog groups doubt consequences will come from the incident due to weakened enforcement mechanisms.
Source: https://www.livenowfox.com/news/trump-official-buy-tesla-ethics-law