Thursday, August 5, 2021
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Biden’s DHS Pick: Financial Conflicts

This article heavily references Alejandro N Mayorkas’ public financial disclosure as of the time he left the Department of Homeland…

By Phelan Acheson , in Uncategorized United States , at November 23, 2020

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This article heavily references Alejandro N Mayorkas’ public financial disclosure as of the time he left the Department of Homeland Security in 2016. You can find the document here or below:

Biden recently announced Cuban-American lawyer and former deputy secretary of the Department of Homeland Security (DHS) as his pick to lead the DHS in the Biden/Harris administration. Federal executive branch officials are required to fill out a financial disclosure upon entrance/exit of public service. Mr. Mayorkas’ public disclosure from 2016 has some very telling insight as to how he’ll govern.

On line 15.19 of the aforementioned document, it states that Mr. Mayorkas had holdings in the American Funds Washington Mutual Investors Fund . As of the most recent quarterly disclosure, that single fund has top shares in Big Tech, such as Microsoft, Broadcom, Comcast, Intel, and Verizon, as well as Big Pharma, such as United Health Group, Johnson & Johnson, Pfizer, and Humana, as well as shares from the Military-industrial complex via Northrop Grumman. This is just one sub-line out of 19, and 15 shares out of 181 for that holding.

Another holding of Mr. Mayorkas’ is listed on line 21, the MFS Value Fund. This holding has top 10 shares in JpMorgan Chase & Co, Johnson & Johnson, Comcast, Aon PLC, and Duke Energy Corp, to name only 5. Mr. Mayorkas’ held positions in this fund as of 2016.

Another holding, the Russell Multi-Strategy Income fund. (This is on line 37.) The number one share within this fund is of Fannie Mae. Mr. Mayorkas held between $50,000 – 100,000 in this fund as of the 2016 disclosure.

So, in merely 3 out of 60 total disclosed holdings, America’s shiny new DHS head stands to financially gain directly from further war, further student loans, further giveaways to big banks, further for-profit healthcare, further privatization of public utilities, and further entrenchment of Big Tech.

As I perused other funds Mr. Mayorkas was invested in as of the cited disclosure, I noticed a trend. Big names in healthcare, finance, banking, and tech kept being at the top distributions.

We’ll see if those personal conflicts of interest have shifted once we have his 2020 disclosures.

Furthermore, Mr. Mayorkas has had 7 years of service at the DHS, according to the DHS. According to the same DHS press release, he was responsible for the following- “As the Deputy Secretary, Mayorkas developed and implemented policies, budget, and operational plans to achieve the Department’s critical missions in such homeland security areas as counterterrorism, cyber security, border security, trade and travel, emergency management, aviation security, dignitary protection, maritime security, and the fair and efficient administration of immigration law.”

It continues- “Prior to serving as the Deputy Secretary of the Department of Homeland Security, Mayorkas served as the Director of U.S. Citizenship and Immigration Services, the agency within the Department that is charged with administering the largest immigration system in the world.  Mayorkas served as the Director from August 2009 through December 2013” https://www.dhs.gov/news/2016/10/05/fact-sheet-alejandro-mayorkas-seven-years-public-service-dhs

What they don’t tell you is that the period of time when Mr. Mayorkas served as Director of USCIS (U.S. Citizenship and Immigration Services) was the same period of time its sister agency ICE (Immigrations and Customs Enforcement) was holding increasing numbers of children in adult detainment facilities according to data obtained by the National Immigrant Justice Center. See their full release below:

Furthermore, Obama built the cages. This is political fact. While Trump did ramp up family separations, Obama started them. And Biden’s giving us no reason to believe he’ll close them and reunite the families.

Read more on that here:

https://www.prismreports.org/article/2020/10/23/who-built-the-cages

Don’t forget, forced hysterectomies also started in the time period that Mr. Mayorkas was Deputy Secretary of the DHS. Subtract 6 years from 2020 and you get 2014. Mr. Mayorkas was Deputy Secretary until 2016.

https://static.theintercept.com/amp/hysterectomies-ice-irwin-whistleblower.html

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About 

I'm a photographer, journalist, and activist. I've been called a "prolific writer" by Jabari Morris, co-editor in chief of Real Progressives. I focus on national politics as well as Utah current events. I enjoy weaving the historical record into my articles for allegory and reference. In addition to my work here at the Lighthouse Tribune, you can find some of my other works at Real Progressives.

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