Quantcast
Connect with us

Kushner’s associates gave loans to his family businesses after White House meetings: report

Published

on

Business owners reportedly doled out loans to the real estate ventures run by the family of White House adviser and presidential son-in-law Jared Kushner.

The New York Times on Wednesday reported that Apollo Global Management, a private equity firm, and Citigroup both made large loans out to Kushner Companies, the adviser’s family real estate business, in 2017. Both payments happened after executives from the businesses met repeatedly with Kushner in the White House.

Apollo’s loan totaled $184 million and went towards financing a skyscraper in Chicago, while Citigroup lent Kushner Companies $325 million to fund office buildings in Brooklyn.

Apollo founder Joshua Harris was advising White House officials on infrastructure policy and was reportedly in talks for a job in the Trump administration before making the large loan.

Don Fox, a former military lawyer and acting director of the Office of Government Ethics, told the Times that the payments to Kushner Companies prove “exactly why senior government officials, for as long back as I have any experience, don’t maintain any active outside business interests.”

ADVERTISEMENT

“The appearance of conflicts of interest is simply too great,” Fox said.


Report typos and corrections to: [email protected]. Send news tips to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Tens of thousands march again in huge Hong Kong anti-government rally

Published

on

Hong Kong witnessed another huge anti-government march on Sunday with seemingly no end in sight to the turmoil engulfing the finance hub, sparked by years of rising anger over Beijing's rule.

The city has been plunged into its worst crisis in recent history by weeks of marches and sporadic violent confrontations between police and pockets of hardcore protesters.

The initial protests were lit by a now-suspended bill that would have allowed extraditions to mainland China.

But they have since evolved into a wider movement calling for democratic reforms, universal suffrage and a halt to sliding freedoms in the semi-autonomous territory.

Continue Reading

Breaking Banner

Racism, Inc.: How Donald Trump profits from xenophobia

Published

on

Several of the headlines emerging from the fallout of President Donald Trump’s recent racist behavior claim that fascism is coming to America. It’s perplexing to read them, because they seem to suggest that there is something new to the blatant and unapologetic racism and xenophobia of the Trump camp.  But there really is nothing new here.  No surprises whatsoever.  Just Trump and his team and his supporters doing exactly what they have been doing since before he announced his candidacy in June 2015.

Continue Reading
 

Breaking Banner

Cop says Alexandria Ocasio-Cortez should be shot following Trump’s racist targeting of The Squad

Published

on

Following racist attacks on members of The Squad by President Donald Trump and his supporters, a police officer in Louisiana reportedly said that one of the congresswomen of color should be shot.

Trump has been lashing out at the four first-term congresswomen, who include Representatives Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Ayanna Pressley (D-MA), and Rashida Tlaib (D-MI).

"A Gretna police officer posted a comment on his Facebook page this past week calling U.S. Rep. Alexandria Ocasio-Cortez a 'vile idiot' who 'needs a round, and I don't mean the kind she used to serve,'" NOLA reported Saturday.

Continue Reading
 
 
 

Copyright © 2019 Raw Story Media, Inc. PO Box 21050, Washington, D.C. 20009 | Masthead | Privacy Policy | For corrections or concerns, please email [email protected]

Join Me. Try Raw Story Investigates for $1. Invest in Journalism. Escape Ads.
close-image