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Jared Kushner owned stake in health insurance company fighting Obamacare repeal: report

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Jared Kushner held a stake in his brother’s health insurance company as its paid lobbyists fought repeal of the Affordable Care Act.

The president’s son-in-law and senior White House adviser did not list holdings in Oscar Health Insurance on his financial disclosure form because his ownership came through a stake the investment firm Thrive Capital, reported Talking Points Memo.

Thrive was co-founded and managed by Joshua Kushner, who also co-founded Oscar Health Insurance to offer web-friendly insurance options to younger buyers — and White House advisers urged the president’s son-in-law to divest his shares in the Obamacare-dependent company.

“Mr. Kushner’s continuing interest in Oscar could require his recusal from a variety of particular matters that will have a direct and predictable effect on the health insurance industry,” wrote White House deputy counsel Stefan Passantino in a Jan. 25 letter.

He divested his shares in Oscar Health earlier this year, and it’s not clear how much money he had invested in his brother’s company.

Oscar’s parent company hired lobbyists in preparation to fight Obamacare repeal three weeks before the White House crafted a divestment plan for Kushner, who listed between $6 million and $11 million in Thrive Capital.

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It’s not clear whether he played any role in hiring those lobbyists during the presidential transition, although the White House told Talking Points Memo he had no involvement.

Multiple outlets have reported that Kushner shared his brother’s skepticism about Republican efforts to repeal the 2010 health care law.

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DOJ money laundering probe of Deutsche Bank includes Kushner transactions: report

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The U.S. Department of Justice (DOJ) is conducting a criminal investigation of possible money laundering violations by Deutsche Bank, and the New York Times is reporting that the probe will include taking a look at some 2016 transactions involving Kushner Cos. — the business owned by the family of Senior White House Advisor Jared Kushner, President Donald Trump’s son-in-law.

In banking, reports of possibly suspicious activity are known as “suspicious activity reports,” and the DOJ is investigating why Deutsche Bank prepared such alerts for activity involving Kushner Cos. but did not file them. A key figure in the DOJ’s investigation is whistleblower Tammy McFadden, who helped prepare suspicious activity reports for Kushner Cos.-related transactions. McFadden is a former compliance officer for Deutsche Bank.

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2020 Election

Joe Biden promises to answer questions about his son’s overseas business dealings — after he’s elected

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Joe Biden refused to answer questions about his son's overseas business dealings.

The Democratic presidential frontrunner has been criticized for conducting diplomatic work as vice president in countries were his son, Hunter Biden, was engaged in business, but he refused at two campaign stops Monday to take questions about the controversy, reported ABC News.

Instead, his campaign promised that Biden would issue an executive order "on his first day in office" to "address conflicts of interest of any kind."

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‘Come heavily armed’: Oregon GOP lawmaker threatens state troopers over dispute with Dem governor

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On Wednesday, The Oregonian reported that GOP state Sen. Brian Boquist threatened to kill state troopers if they try to keep him in the Senate chamber to debate climate change legislation.

"I'm quotable, so here's the quote. This is what I told the [police] superintendent," said Boquist to reporters outside the Senate chamber. "Send bachelors and come heavily armed. I'm not going to be a political prisoner in the state of Oregon. It's just that simple."

Democratic Gov. Kate Brown has made passing a climate change bill one of her top priorities. While Democrats control Oregon's legislature, Senate Republicans have enough votes to block legislation by walking out and denying a quorum — which they have done to stonewall this legislation.

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