White House releases Jared Kushner's financial disclosure showing wealth, debt have risen

White House releases Jared Kushner's financial disclosure showing wealth, debt have risen

Although Kushner and Trump are not paid a salary for their adviser roles at the White House, ethics experts have criticized the couple's large income flow from their investments and family-related businesses as something that could easily create conflicts of interest. He also took in $5 million from an apartment complex in New Jersey run by the family business.

Ivanka Trump reported United States dollars 3.9 million from her stake in the Trump International Hotel in Washington, as well as more than USD 2 million in severance pay from the Trump Organization, the Washington Post said, citing financial disclosure forms released today.

The financial disclosures released by the White House and filed with the US Office of Government Ethics routinely show both assets and debts compiled in broad ranges between low and high estimates, making it hard to precisely chart the rise and fall of the financial portfolios of federal government officials.

Ivanka Trump and Jared Kushner may be working as White House advisers, but the couple isn't doing too badly with their side gigs, bringing in at least US$81 million of outside income.

Kushner reported divesting more than 125 assets, and listed several others as being in process of divestment.

Tesla's August Autopilot update will begin to enable "full self-driving features"
Musk complains about heavy press coverage of crashes involving Tesla vehicles, while more numerous fatal crashes happen every day. Alphr says the technology needed to power the SpaceX-developed boosters will replace the Roadster's back seats.

Ivanka's hotel income of $3.9 million is up from last spring when she reported about $2.4 million in profits for the Washington property that has become a staple for those trying to curry favor with the Trump Administration since it opened in September 2016.

Also released Monday were the disclosures covering Chief of Staff John Kelly, White House counselor Kellyanne Conway, and Nick Ayers, chief of staff to Vice President Mike Pence, The Wall Street Journal reports.

"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", Mirijanian said in a statement.

Kushner reported at least $US27 million and as much as $US135 million in outstanding liabilities. (The Post suggests similar ranges of $179 million to $735 million and $55.3 million to $75.6 million.) The couple's ethics counsel adds that 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".

The figure was outed in financial disclosure forms released Monday. His line credit at IDB Bank increased from a max of $5 million to $25 million.

Related Articles

  • Elon Musk Hosts Flamethrower Party While Tesla Burns

    Elon Musk Hosts Flamethrower Party While Tesla Burns

    With 20,000 flamethrowers soon to be in circulation, expect more flame-throwing displays on social media. Plus, The Boring Company said it is going to donate $10,000 to California Wildfire Relief Fund.
    Mohamed Salah Overshadows Cristiano Ronaldo, Lionel Messi, Gets Grand Reception in Russian Federation

    Mohamed Salah Overshadows Cristiano Ronaldo, Lionel Messi, Gets Grand Reception in Russian Federation

    According to the same story, Juventus are keen on adding Ronaldo to their squad and have good ties with Real Madrid . Cristiano Ronaldo has been with the Madrid club since 2009.
    PM 'to appeal for unity' on Brexit vote

    PM 'to appeal for unity' on Brexit vote

    A UK Conservative MP has resigned as justice minister in protest at Prime Minister Theresa May's Brexit policy. Crucial to it all will be the 10 DUP votes and they are expected to vote with the Government.
  • Dennis Rodman Thanks Eddie Vedder From Trump/Kim Jong Un Summit

    After wiping tears from his eyes, Rodman explained that he is continuing to advocate for peace between the two nations. White House and Trump himself had earlier said that former-basketball player wasn't invited for the summit.
    IHOP changes name to IHOb (for now)

    IHOP changes name to IHOb (for now)

    Speaking with CNN , President of IHOP Darren Rebelez stated, "We are definitely going to be IHOP ". If you guessed that the "b" stood for burgers, you would have been correct.
    Apple bans cryptocurrency mining on iPhones and iPads

    Apple bans cryptocurrency mining on iPhones and iPads

    This hints that the decision to ban mining apps from the App Store could have been taken to preserve battery performance.
  • Hurricane Bud is weakening, could hit Mexico as tropical storm

    Hurricane Bud is weakening, could hit Mexico as tropical storm

    As of the Tuesday morning advisory, winds were up to 130 miles per hour making Bud a major category 4 hurricane. This heavy rain could cause life-threatening flash flooding and mudslides, especially in high-terrain areas.
    Domino’s Pizza wants to repave your city’s potholes

    Domino’s Pizza wants to repave your city’s potholes

    The company helped fill five potholes in Burbank, eight in Bartonville, 40 in Milford, and 150 square yards of roads in Athens. On May 3, a Domino's spokesperson said the discovery was "an extremely isolated incident, confined to a single store".
    Real Madrid for Conte — Marca

    Real Madrid for Conte — Marca

    According to the magazine, the management of real Madrid has several candidates, but the favorite among them is the German specialist.
  • Justify wins Belmont to become 13th Triple Crown champ

    Justify wins Belmont to become 13th Triple Crown champ

    At 52, he is the oldest jockey to win the Triple Crown. "Mike [Smith] is great, obviously, and Justify is probably a great horse". Justify became the second undefeated Triple Crown victor after Seattle Slew in 1977, finishing first in a field of 10.
    Neymar goal caps impressive Brazil win over feisty Austria

    Neymar goal caps impressive Brazil win over feisty Austria

    EA Sports recently predicted that France will beat Germany 4-3 on penalties in the final of the 2018 FIFA World Cup , however. The goal tied Neymar with Brazilian legend Romario for third on the country's all-time goalscoring charts.
    Kane: England have been practising penalties

    Kane: England have been practising penalties

    England wrapped up their St George's Park camp preparations by staging an internal match on the Sir Bobby Charlton Pitch. Hotels.com will also engage directly with Spurs fans to inspire them to enjoy their leisure time throughout the year.