Public documents show the financial ties of Gov. McCrory's cabinet | North Carolina | Indy Week

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Public documents show the financial ties of Gov. McCrory's cabinet

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Energy companies and high-falutin' golf clubs, convenience stores and religious groups: These are some of the financial interests held by members of Gov. Pat McCrory's cabinet.

State law requires certain members of the McCrory administration and other high-ranking officials to file a statement of economic interest within 30 days of their appointment or hiring.

The SEIs, as they're known, must list certain financial and business information about the officials and members of their immediate family:

  • assets and liabilities greater than $10,000
  • real estate investments
  • investment funds and stock options
  • affiliations with nonprofits, including lobbying
  • sources of income
  • consulting jobs
  • business affiliations
  • appointments to boards and commissions

In these documents, you will learn that Deputy State Budget Director Art Pope invests in the largest oil and natural gas royalty trust in the United States, BP Prudhoe Bay Royalty Trust; its assets include the Prudhoe Bay Oil Field, the largest in North America.

Secretary of Public Safety Kieran Shanahan owns stock in Smartvue, which provides cloud video surveillance technologies. He is on the board of the conservative N.C. Property Rights Foundation and the Liberty & Law Institute, which is "dedicated to teaching successive generations of young Americans" about the nation's "founding documents."

And Jodi Tata, wife of transportation secretary Tony Tata, works for the Old Chatham Golf Club, a members-only establishment that offers a course "maintained to championship standards" and a clubhouse "designed with the sensibility of a fine private estate" and "is the embodiment of understated elegance and comfort."

This article appeared in print with the headline "Special interests."


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