wilbur rossAlex Wong/Getty ImagesCommerce Secretary Wilbur Ross

  • A new report detailed a series of allegations against Commerce Secretary Wilbur Ross, the latest a growing line of ethics questions over Ross's financial dealings.
  • Ross claimed he had divested from all financial assets in November 2017.
  • But a series of reports detailed how Ross not only maintained certain investments but also took short positions against some companies while serving as Commerce Secretary.
  • Here's a rundown of various allegations against Ross.

Commerce Secretary Wilbur Ross is facing ethics questions after an extensive report into his private equity firm, the latest in a series of allegations dogging one of President Donald Trump's chief economic advisers..

A bombshell report from Forbes released Tuesday detailed a history of alleged unethical business practices during Ross's time at his private equity firm, WL Ross.

The report details a series of lawsuits brought against Ross by former employees at the firm. The lawsuits allege the employees were cheated out of money owed to them and that the firm swindled investors out of millions of dollars worth of investment-fee rebates.

The report comes after a series of investigations into Ross over the past nine months revealed that the Commerce Secretary did not divest himself of all financial assets and made stock trades in companies from which he claimed to have divested.

Here's a rundown of some of the problems that have cropped up for Ross:

As a result of some these revelations, GOP Sen. John Thune has asked the inspector general of the Commerce Department to look into Ross's schedule to ensure that the Commerce Secretary did not take meetings with executives of companies in which Ross had a financial interest. Democrats have also called for a series of investigations into Ross's financial transactions.

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