U.S. markets open in 7 hours 49 minutes
  • S&P Futures

    +3.75 (+0.09%)
  • Dow Futures

    +36.00 (+0.11%)
  • Nasdaq Futures

    +2.25 (+0.02%)
  • Russell 2000 Futures

    +3.70 (+0.18%)
  • Crude Oil

    +0.62 (+0.72%)
  • Gold

    +4.50 (+0.25%)
  • Silver

    +0.10 (+0.50%)

    +0.0008 (+0.08%)
  • 10-Yr Bond

    0.0000 (0.00%)
  • Vix

    -0.26 (-1.30%)

    +0.0023 (+0.19%)

    -0.0070 (-0.01%)

    +219.80 (+0.92%)
  • CMC Crypto 200

    +3.89 (+0.68%)
  • FTSE 100

    +26.91 (+0.36%)
  • Nikkei 225

    +323.29 (+1.12%)

FTC Nominee Christine Wilson Discloses Her In-House Earnings at Delta

[caption id="attachment_7148" align="aligncenter" width="620"]

Christine Wilson. Courtesy photo. [/caption] Financial disclosure documents published Friday show that Christine Wilson, one of President Donald Trump's nominees to the Federal Trade Commission, earned over $390,000 in salary from Atlanta-based Delta Airlines Inc., where she served as senior vice president for legal, regulatory and international. The documents showed Wilson also brought home over $521,000 in distributions from her prior partnership at Kirkland & Ellis where she focused on competition and antitrust law. That’s small change compared to the $1.9 million partnership share that Joseph Simons, Trump’s choice to head the FTC, reported earning from his former law firm, Paul, Weiss, Rifkind, Wharton & Garrison. Wilson joined Delta in August of 2016 focusing primarily on regulatory matters. The disclosure, mandatory for nominees, showed she has various amounts of unvested Delta stock and stock options for which she will receive pro rata payment. The document said Delta has waived a requirement that she repay half her cash signing bonus, but it didn’t say how much the bonus was. Delta also paid her nearly $136,000 earned in 2017 as part of a management incentive plan, according to the records. And there are other benefits, such as paid COBRA insurance. Wilson joined the Washington D.C. office of Kirkland & Ellis in March 2011, and still received distributions from the law firm in 2017 on cases recently settled or ongoing. The document said prior to confirmation Wilson will receive over $16,000 more in distributions, and nothing after that. “The method for calculation of accrued income at a discounted rate is identical to the method the firm uses for any other Kirkland & Ellis partner who has left the firm and asked to have their payments accelerated for any reason,” the form stated. It listed her paying law clients as Boehringer Ingelheim USA of Ridgefield, Connecticut; Bristol-Myers Squibb Co. of New York; Fortiline Inc. of Concord, North Carolina; Fortune Brands Home & Security Inc. of Deerfield, Illinois; New Mountain Capital of New York; and Reddy Ice Corp. of Dallas. Wilson isn't new to the FTC. During the George W. Bush Administration, she served as chief of staff to then-Chairman Timothy Muris. And she has served in the ABA Antitrust Section Leadership, as an advisor to the U.S. government in connection with the International Competition Network, and as Special Assistant to James Rill, co-chair of the International Competition Policy Advisory Committee. The disclosure also showed that her husband, Ramsey Wilson, is a solo practitioner and has a consulting firm, ZFO Consulting. It listed no income amount for either entity, but valued both at less than $15,000 each.