Capitol Alert

Kamala Harris’ husband unloads investments in banks, oil producers and agribusiness

California Attorney General Kamala Harris gestures while speaking before the California Democrats State Convention Saturday, Feb. 27, 2016, in San Jose, Calif.
California Attorney General Kamala Harris gestures while speaking before the California Democrats State Convention Saturday, Feb. 27, 2016, in San Jose, Calif. AP

Democratic U.S. Senate candidate Kamala Harris’ husband sold off potentially hundreds of thousands of dollars of investments in banks, oil companies and a controversial agribusiness giant, according to financial disclosures released by the state Wednesday.

Forms filed this week by Harris, the state attorney general, show her husband, Douglas Emhoff, held interests in a wide range of companies, including Citigroup and Wells Fargo, Valero Energy and Hess Corp. as well as the firm Monsanto.

There is no way to determine the precise value of the investments, though most of the 33 stocks were valued at between $2,000 and $10,000 a piece.

Harris’ spokesman, Nathan Click, said the assets were separate property in Emhoff’s retirement account, which was funded before their marriage in the fall of 2014. Harris, who earns $158,775 a year, did not have any investments to report in her 2013 conflict-of-interest statement.

The holdings included companies with which Harris and her environmentalist and labor union allies have had an adversarial relationship. She famously helped negotiate a multistate settlement, securing $20 billion for California homeowners, with the big five banks, including Citigroup and Wells Fargo.

Caterpillar and Verizon, meantime, have bitterly fought unions, while Valero was the main proponent of California’s Proposition 23 in 2010, which sought to suspend the state’s landmark greenhouse gas-reduction law.

Harris reported that most of the stocks were sold on March 11, 2015.

Editor’s note: This post was corrected to reflect the fact that Harris’ husband, not Harris herself, sold the stocks.

Christopher Cadelago: 916-326-5538, @ccadelago

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