FBI Nominee

Trump’s FBI Pick Patel Received Millions From Shein

Donald Trump’s FBI nominee, Kash Patel, holds between $1 million and $5 million in Shein stock, a Chinese e-commerce company facing intense scrutiny in Washington. Patel, who began consulting for Shein’s parent company, Elite Depot Ltd., in April 2024, plans to retain his shares despite Senate confirmation. This comes as Shein attempts to go public amidst allegations of unethical business practices and lobbying efforts. While no immediate conflict of interest exists, experts advise divestiture or recusal to improve public perception.

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