President-elect sold all stock 6 months ago

Donald Trump sold all his stock in June, a transition team spokesman said Tuesday, showing the president-elect has begun to address concerns about complicated entanglements between his business and new government life.

Questions about Trump’s stock holdings came back into view Tuesday after he criticized the costs of Boeing to build a new Air Force One.

“The president-elect sold all of his stock back in June. I do not know if he had any Boeing stock at that time,” Trump spokesman Jason Miller says.

Trump reported having two brokerage accounts containing 150 stock and bond investments, according to a filing to the U.S. Office of Government Ethics in May. Those holdings included stakes in Amazon.com, Apple, Boeing and Visa. The value of Trump’s ownership in Boeing was valued at between $50,001 and $100,000, according to disclosures during his campaign.

Trump hasn’t so far stated how he plans to handle his ownership in his Trump Organization, which is where a vast majority of his business interests reside.

Trump, known for his real estate holdings, has said in the past that stock investing wasn’t his focus. When asked in August if he owned stock, he said “I did invest, and I got out, and it was actually very good timing. But I’ve never been a big investor in the stock market,” Trump said on Fox Business Network.

Some are fearful Trump’s investments and family business relationships could be a potential conflict of interest as he shifts to public service and has a role in forming policies that will determine winners and losers in the economy. He is expected to address the potential conflicts and what he’s doing to deal with them in an address Dec. 15.