https://www.politico.com/news/2020/08/07/progressives-alarmed-by-rices-vast-investments-392507
When Susan Rice was under consideration for secretary of state in 2012, she was attacked by environmentalists for holding stock in the controversial Keystone Pipeline XL deal.
Now, with the multimillionaire Rice in contention to be Joe Biden’s running mate, that investment is again drawing fire from progressives. They say her extensive past holdings in an array of industries at odds with liberal causes — particularly the Keystone investment — could make her ill-suited to be vice president in a Democratic administration.
“The financial disclosure reports reflect at worst a conflict of interest, and at best, an indifference to a perception of a conflict of interest,” said Yasmine Taeb, senior policy counsel at Demand Progress. “It's troubling to see that Susan Rice has invested in so many companies that fuel climate change and in entities at odds with Democratic values."
A survey conducted for the progressive think tank Data for Progress concerning Biden’s appointments showed “voters don’t want folks who have strong financial ties and backgrounds in corporate business running their government,” NoiseCat said.
Rice’s first financial disclosure as an Obama White House official, filed in 2008, formed a parade of horribles for progressives. Her investments ranged from fossil fuels and large financial institutions to pharmaceuticals and holdings in Las Vegas casinos owned by the Republican megadonors Sheldon Adelson and Steve Wynn.
Rice had so many investments that a full analysis of her assets was only publicly released once, in 2009, by the Center for Responsive Politics. It estimated she was worth between $23.5 million and $43.5 million.