Jared Kushner Omitted At Least $10 Million In AssetsDisclosure

23 July, 2017, 01:13 | Author: Chad Mckenzie
  • Exclusive: Jared Kushner's White House connection still being used to lure Chinese investors

President Donald Trump's son-in-law and senior adviser is revising the paperwork that discloses his personal finances.

According to the Journal, those assets include "commercial real estate, bonds issued by the NY water and sewer authority, a personal art collection and a New Jersey liquor license".

A separate document released Friday also showed that Kushner's wife, presidential daughter Ivanka Trump, had been paid as much as $5 million from her outside businesses over an 84-day span this spring around the time she entered the White House as a senior adviser and pledged to distance herself from her outside holdings.

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Kushner's wife and Trump's daughter, Ivanka Trump, also filed new assets and revealed that she earned at least $13 million income past year from her various business holdings. She received $787,500 as an advance for her book, "Women Who Work".

Jointly, Kushner and Trump made at least $100 million in 2016 and have at least $206 million in assets. (Now we know: what's happening in Washington is the Trump sons' idea of "fun.") Unfortunately, this acute case of FOMO is a necessary and legal one-Don Jr. and Eric have been tasked with running the Trump Organization while their father occupies the White House in at least the appearance of maintaining some semblance of separation between the presidency and the profits of the family business.

Perfect": "Jared Kushner is part of a family of "real estate heavyweights", and helped President Trump get elected, promotional materials imply. Kushner also revealed that he sold his stake worth between $5 million and $25 million in a holding company that owns Cadre, an online real estate investment platform.

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"The Office of Government Ethics has certified Jared's financial disclosure, reflecting its determination that his approach complies with federal ethics laws", Gorelick said.

Kushner discussed the scope of his business in his first ethics report in March.

Kushner and Trump both "walk a very fine line in having to step aside and recuse themselves from certain discussions and give advice if it would benefit them and their business personally", said Scott H. Amey, general counsel at the Project on Government Oversight, a nonprofit organisation. "Ivanka's financial disclosure is still in the pre-certification stage, as she began the process later". Not only had it come under fire for its ethically questionable implication of links to Jared Kushner's influence with the White House, but it also attracted criticism over its apparent promise of special consideration for EB-5 visas that would potentially allow investors to enter and live in the United States. The trust produced between $1 million and $5 million in income.

BBCI: US and China emerge from trade talks without agreement
The US blames Chinese excess capacity for a global steel glut that is hurting US producers, and has threatened to impose tariffs. The People's Daily op-ed outlined the political chaos that is prevailing in the USA and dubbed it a failed system.

The head of the Office of Government Ethics recently resigned after tangling with the Trump administration. Kushner reported receiving at least $2.1 million in income from the property.

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