Ivanka Trump and Jared Kushner Still Benefiting From Business Empire, Filings Show -
By JESSE DRUCKER, ERIC LIPTON and MAGGIE HABERMANMARCH 31, 2017
Ivanka Trump and Jared Kushner, President Trump’s daughter
and son-in-law, will remain the beneficiaries of a sprawling real estate and investment business still worth as much as $741 million, despite their new government responsibilities, according to ethics filings released by the White House Friday night.
The less senior White House staff whose disclosures are being released today — which include Special Assistant to the President — are not reviewed by the Office of Government Ethics, so in
that case, it is only the White House Counsel’s office that examines them to determine if there are potential conflicts, and what steps employees must make to sell assets, resign positions they might have or recuse themselves from decisions.
Mr. Kushner’s financial disclosures say that Ms. Trump earned between $1 million
and $5 million from January 2016 to March 2017, and puts the value of her stake at between $5 million and $25 million.
White House officials “have given up a lot to come into government by setting aside a lot of assets.”
Until January, Mr. Kushner was the chief executive of Kushner Companies, a family-run real estate investment firm with holdings across the country, a growing business
that has taken part in at least $7 billion of acquisitions over the past decade.
“We will be working closely with the White House to refine them
and address any questions we have about how they will handle potential conflicts of interest.”
Government Ethics had offered after Mr. Trump was elected to work more closely with the White House, including perhaps sending some of its lawyers, who are experts in the federal law governing conflicts, to the White House to train staff there
that would be involved in reviewing the financial disclosure reports being filed by new White House employees.
