Kushner 'inadvertently omitted' at least $10M in assets to revised disclosure

[LA se Karachi]

Kushner 'inadvertently omitted' at least $10M in assets to revised disclosure

Garance Burke, Bernard Condon and Chad Day, The Associated Press

Special counsel Robert Mueller is reportedly looking into the business matters of President Trump's son-in-law and close adviser.​

WASHINGTON - President Trump’s son-in-law and senior adviser Jared Kushner “inadvertently omitted” more than 70 assets worth at least $10.6 million from his personal financial disclosure reports, according to revised paperwork released Friday.

The previously unreported assets were included in updated financial disclosure reports certified by the U.S. Office of Government Ethics on Thursday as part of the “ordinary review process,” according to Kushner’s filing.

Among the new disclosures, Kushner reported owning artwork worth between $5 million and $25 million. The new forms also reflect that Kushner sold his interest in an aging shopping mall in Eatontown, N.J., and no longer has a stake in a company that had held an interest in property in Toledo, Ohio.

Kushner also clarified his $5 million to $25 million stake in a holding company that owns Cadre, an online real estate investment platform investors valued at $800 million that he co-founded with his brother, Joshua.

Kushner’s wife and the president’s daughter, Ivanka Trump, also filed new federal disclosures. She reported assets of at least $66 million and earned at least $13.5 million in income last year from her various business ventures, including more than $2.4 million from the new Trump hotel near the White House.

The filings reflect the extraordinary wealth of Trump and her husband, who stepped down from running their companies and left their Manhattan apartment to move their young family to Washington earlier this year.

A lawyer advising Kushner said that federal officials are allowed to amend their initial financial disclosures before they are certified, and stressed that Kushner had complex finances.

“Jared and Ivanka have followed each of the required steps in their transition from private citizens to federal officials. The Office of Government Ethics has certified Jared’s financial disclosure, reflecting its determination that his approach complies with federal ethics laws,” said Kushner attorney Jamie Gorelick. “Ivanka’s financial disclosure form is still in the pre-certification stage, as she began the process later.”

Clay Johnson, who served as President George W. Bush’s director of presidential personnel, said he was surprised by the sheer number of updates six months in.

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“The way we ran it … is that the general direction to all nominees is tell us what we ask for now. We will then stand behind you whatever may come in. But there are to be no surprises,” said Johnson, who also served as Bush’s deputy director of the Office of Management and Budget.

The federal disclosures filed by Ivanka Trump were her first since taking on an official, unpaid role at the White House.

The bulk of her assets came from the $50 million value she placed on her business trust, formed to hold a collection of her businesses and corporations. The trust produced between $1 million and $5 million in income.

In addition, Trump also revealed that she will be receiving recurring annual payments totaling $1.5 million from some of her real estate and consulting interests, according to agreements she worked out in consultation with the Office of Government Ethics. Her filing notes that the fixed payments were necessary to reduce her interest in the performance of the businesses.

The documents also show that the young couple resigned from a vast array of corporate positions: Kushner stepped down from 266 such positions, while Trump resigned from 292 positions.

A White House spokesman said Kushner sold his interest in the Monmouth Mall in Eatontown, New Jersey, in May. His family company recently received approval from town officials to vastly expand the mall in the face opposition from some residents. Kushner reported receiving at least $1.25 million in income from the property.

He also no longer owns a company holding an interest in several apartment complexes in Toledo, Ohio. Those complexes are part of the Kushner Cos.’ garden apartment business that includes more than 20,000 units in six states. The Toledo apartments are no longer listed on the company website, suggesting that the company may have sold them off.

Representatives of the Kushner Cos. did not immediately respond for comment.

https://www.usatoday.com/story/news...vanka-trump-financial-disclosures/501702001/#

 

[Gomig-21]

Yep, "inadvertently" omitted. And to revised disclosure, never mind! I think it's safe to say that most people would give him the benifit of the doubt the first time around, but the 2nd? lol.

You know this gang is thinking of ruling this country for generations, kind of like the Bush's did but on a much larger scale. It's pretty obvious. If they had some element of honesty, or weren't shrouded in nefariousness and lies and shady dealings and had more of a admirable aura about them, things wouldn't be so rough. Or at least surround yourself with capable people and take their advice! I guess that's a lot to ask for.

 

[LA se Karachi]

Yep, "inadvertently" omitted. And to revised disclosure, never mind! I think it's safe to say that most people would give him the benifit of the doubt the first time around, but the 2nd? lol.

Trump warning Robert Mueller about investigating his family was the biggest red flag. What's he trying to hide? This whole ordeal is becoming quite Nixonian.

You know this gang is thinking of ruling this country for generations, kind of like the Bush's did but on a much larger scale. It's pretty obvious. If they had some element of honesty, or weren't shrouded in nefariousness and lies and shady dealings and had more of a admirable aura about them, things wouldn't be so rough. Or at least surround yourself with capable people and take their advice! I guess that's a lot to ask for.

Agreed on all points. Although, I would like to add that the Clintons aren't much better. They're also incompetent and corrupt to the core.

If Chelsea Clinton, or any of the Trump kids ever run for President, I will personally donate money to their opponents, whoever they may be. No more corrupt dynasties.

 

[AZADPAKISTAN2009]

Trump and Nawaz sharif , seem like lost brothers from same mother
Same goes how their family members behave as well

 

[wiseone2]

Trump warning Robert Mueller about investigating his family was the biggest red flag. What's he trying to hide? This whole ordeal is becoming quite Nixonian.



Agreed on all points. Although, I would like to add that the Clintons aren't much better. They're also incompetent and corrupt to the core.

If Chelsea Clinton, or any of the Trump kids ever run for President, I will personally donate money to their opponents, whoever they may be. No more corrupt dynasties.

Trump is going to learn that staying away from politics would have been wise
it is too late now

 

[Gomig-21]

Trump warning Robert Mueller about investigating his family was the biggest red flag. What's he trying to hide? This whole ordeal is becoming quite Nixonian.

And that's the glaring point. If there wasn't any impropriety, illegal gerrymandering or even collusion, why not be forthcoming and just lay everything out and this whole "Russia" think would put behind him and he'd actually benefit greatly. It would slow down the media frenzy and that would also be to his benefit. But all this evading and all these "incidences" that keep popping up and his asking the FBI director for his complete loyalty after being assured he wasn't being investigating and then firing him and on and on all works against him. All the childish tweeting and lack of diplomacy in handling criticism all reflects badly. He's alienated so many entities that he could've worked with to boost his standing, but instead he publicly berates them and insults them like a child. It's mind-blowing. There's no brilliant plan here -- like some suggested -- to stir up the left and increase his base's support. Every time a bombshell comes out they have to run to Fox and defend it or lie about it or try to weasel out of it. Now he's appointing his lawyers to search presidential pardoning statutes, including himself! If you do that, make sure it doesn't go public lol. His actions, for the most part, are so counter productive that all this hiding leads to the impression to guilt.

Agreed on all points. Although, I would like to add that the Clintons aren't much better. They're also incompetent and corrupt to the core.

Yep. That was her downfall, in a nutshell. Despite the success of Bill Clinton's presidency (even through the Monica Lewinski scandal and the impeachment), you would've thought that perhaps Hillary might've had some residual benefit through Bill's popularity. Even with the rise of feminism and many more women being successfully elected to major political positions (not only in D.C., but across the country) that she would've benefited much more from that women's vote, but she didn't. That says a lot about how disliked she actually is and it showed up in November. She should've cleaned house with women and minorities but she didn't.

If Chelsea Clinton, or any of the Trump kids ever run for President, I will personally donate money to their opponents, whoever they may be. No more corrupt dynasties.

LOL. Are you looking forward to Kid Rock getting into politics?