Swamp Thang: Ivanka Trump And Jared Kushner Earned $82M While Working In The White House In 2018
Donald Trump’s daughter Ivanka is still profiting from various business ventures while in the White House. Ivanka and her husband, Jared Kushner raked in a whopping $82 million while working for the president last year. But the money came from outside businesses not their work as senior White House advisers, according to the Washington Post.
“Unlike previous presidents and aides, neither Donald Trump nor his daughter and his son-in-law have divested themselves of business interests even while holding meetings and negotiating with figures around the world who could impact their private incomes,” the Huffington Post reported.
The couple’s latest financial disclosure filings revealed that Ivanka made $3.9 million from her stake in the Trump International Hotel in Washington. He husband earned more than $5 million in income from Quail Ridge, a New Jersey apartment complex purchased by his family’s business, Kushner Companies, in 2018. Jared maintains about 90 percent of his investments in the real estate company.
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The timing of some of Ivanka’s deals has also raised concerns. “China approved several of Ivanka Trump’s trademarks last month at the same time her father was agreeing to drop sanctions against Chinese telecom company ZTE. Days before Trump’s decision, the Chinese government agreed to invest half a billion dollars in an Indonesia theme park resort linked to the Trump Organization through a licensing deal,” HuffPo reported.
Also, a major Israeli insurer gave Kushner Cos. $30 million just before Jared Kushner went on a peace mission to Israel. Additionally, his father, Charles Kushner, sought a $500 million loan from a Qatari official a government-controlled investment fund. The loan was ultimately denied. Jared Kushner, however, backed a blockade of the nation enacted by Saudi Arabia.
The couple says they are not breaking any rules. Peter Mirijanian, a spokesman for Abbe Lowell, Kushner’s and Ivanka Trump’s lawyer, sent a statement to the Post: “Since joining the administration, Mr. Kushner and Ms. Trump have complied with the rules and restrictions as set out by the Office of Government Ethics. As to the current filing which OGE also reviews, their net worth remains largely the same, with changes reflecting more the way the form requires disclosure than any substantial difference in assets or liabilities.”