EDITOR:

Transportation Secretary Elaine Chao has held onto shares of construction firm Vulcan Materials that have increased in value by more than $40,000 in the year since she promised to divest from the company, a recent report from The Wall Street Journal revealed.

A 2017 ethics agreement from Chao ahead of her Cabinet appointment said she would cash out her vested deferred stock from Vulcan, on whose board she was serving, in April 2018. The Journal reported that, despite this arrangement, Chao has decided to retain her shares in Vulcan while serving as President Trump's transportation secretary.

RONALD MAJOR SR.

Kuttawa

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