Kushner’s need for cash after ‘disastrous’ NY tower purchase will ensnare president: Trump biographer
Appearing on MSNBC’s AM Joy, the biographer for President Donald Trump speculated that the president’s son-in-law, Jared Kushner, could be the key to bringing down the administration because he has used his connections to Trump to save his family from “financial disaster.”
Discussing a report that Kushner’s purchase of a New York skyscraper has put his family in a financial hole, author Tim O’Brien was asked if Kushner’s need for quick cash has put the White House in jeopardy.
“Donald Trump had put a lot of trust in Jared Kushner, and he has been globetrotting around the world,” host Reid began. “He met with the former prime minister of Qatar and that didn’t work out, that fell off the list. Do you get the sense that Donald Trump is allowing Jared Kushner to go around the world negotiating for the United States in part as a way to allow him to also try to get investors for his business?”
“Well, we will have to ultimately find out the answer to that question through the Mueller investigation,” O’Brien allowed. “We still don’t know a lot about what the communication was between the president and his son-in-law.”
“What we do know, and as you pointed out this morning, there’s a real danger of a possible quid pro quo in which the president’s son-in-law is using the family’s newly-found power to feather their nest,” he continued. “In the Kushner’s case, it’s not trying to make money, but to prevent a financial disaster entrapping the entire family. 666 Fifth Avenue was an enormous mistake by Jared Kushner. He did overpay for it and he was able to refinance the debt in 2007, and that gave him a decade’s worth of room before the piper came calling.”
“Fortunately for him, an intervening event happened before the time ran out: his father-in-law became president,” O’Brien explained. “We know Kushner already tried to arrange refinancing with Chinese investors, and when my friends at Bloomberg bought some daylight to those negotiations, they blew up. There is the question whether his conversations with the Chinese would end up compromising foreign policy with the U.S. You have exactly the same issue with the Russians, with the added magic here, of course, that Donald Trump during the 2016 campaign solicited their help in the U.S. election.”
Watch the video below via MSNBC: