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Huntsman, Quarles among Trump hires mentioned in documents about offshore firms in tax havens

Washington • A cache of newly leaked documents shows that former Utah governor and now-U.S. Ambassador to Russia Jon Huntsman — as well as another Utahn who ranks as America’s top bank watchdog — oversaw previously undisclosed offshore companies.

Federal authorities had sought court orders to banks, including Butterfield, to seek Americans who may be trying to evade taxes. After being nominated by Trump, Quarles disclosed to federal ethics officials that he had assets worth up to $25 million in a Carlyle Group fund that held stake in Butterfield but that he would sell his holdings there.