Kushner's Company Got $509M in Loans After WH Meetings

Ivanka with her father President Trump and husband Jared Kushner in the oval office. Image Ivanka Trump  Twitter
Ivanka with her father President Trump and husband Jared Kushner in the oval office. Image Ivanka Trump Twitter

02 March, 2018

"So that loan, $184 million, after these meetings at the White Wouse between the Apollo guy and Jared Kushner...they talk among other things about a potential job at the White House for the Apollo guy", Maddow noted.

Taylor, of Kushner Cos, told the Times "stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved".

The requests come amid uncertainty over Kushner's role in the White House, and represent only the most recent scrutiny over his business practices, according to reports. White House National Security Adviser H.R. McMaster has reportedly asked Kushner to explain meetings he has had with foreign officials without notifying the National Security Council.

Kushner reportedly met with top officials from both companies in the months leading up to those loans.

Jared Kushner's family real estate business secured two bog loans after a White House meeting with bank executives.

Kushner's ties with his business activities while being a part of the Trump administration has been the topic of contention since he was hired by the president as White House innovations director in January 2017.

Federal prosecutors in Brooklyn issued a document request to Kushner Cos. for information about that loan in November of previous year, the Journal reported in December.

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Special counsel Robert Mueller is focused on Jared Kushner "like a laser" after the president's son-in-law had his security clearance downgraded, Watergate reporter Carl Bernstein claimed on Tuesday night.

These investigations all appear to be separate from that of special counsel Robert Mueller, who is investigating possible collusion between the Trump campaign and Russian Federation during the 2016 election.

"I've summarized what I see as the bottom line here, that Mr. Kushner's business interests not only aren't over, but business interests in which he is actively invested - where he is getting a personal benefit - have received notable, and in some cases remarkably large, cash infusions from people who have had business dealings with him as a White House official", Maddow concluded. Kushner's firm has sought investments from the Chinese insurer Anbang and from the former prime minister of Qatar.

The regulator also asked for information related to other family members, the person said. Kushner Cos. attorneys had argued that exposing the names would lead to "politically motivated" media coverage and "unfair sensationalism".

Kushner has been forced to repeatedly correct omissions in his "SF-86", the government-wide form used to apply for clearances, as well as his financial disclosure forms, which experts said could delay or even end his chances of earning a clearance through the normal process. They are likely worth much more, because that estimate has his firm's debt subtracted from the value of his holdings.

Public filings show Kushner still owns part of the company that received the Apollo loan. It helped finance a a group of office buildings in Brooklyn.

Federal ethics regulations restrict government employees from participating in some matters that involve companies with which the official is seeking "a business, contractual or other financial relationship that involves other than a routine consumer transaction".

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