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BUSTED: Kushner’s family business is facing $1.2 billion dollars in debt

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Kushner Companies, the family real estate business White House senior adviser Jared Kushner may or may not have relinquished control of when he joined the Trump administration, is facing a $1.2 billion debt payment due in 2019.

The Washington Post on Thursday reported the large debt, and drew connections between it and reported White House meetings between Kushner and investors who later gave Kushner Cos. hundreds of millions of dollars in loans.

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Earlier this week, the Post revealed that at least four foreign countries considered Kushner easy to manipulate due to his debt. His security clearance was also downgraded from “top secret” to “secret” earlier this week as well, due primarily to his inability to pass background checks after renewing his clearance applications dozens of times to include foreign contacts.

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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2020 Election

‘Unhinged, erratic and nuts’: Conservative warns Trump’s ‘chosen one’ outburst should set off alarms

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In her column for the Washington Post, conservative never-Trumper Jennifer Rubin implored Republicans to look deep down inside themselves and stop defending Donald Trump after the president bizarrely declared himself the "chosen one" while speaking to the press on Wednesday.

Under a headline, "Trump’s unhinged display should frighten everyone,"Rubin ticked off comments made by the president in the past week since he returned from vacation including expressing a desire to buy Greenland, proposing -- then backing off -- new tax policies and calling Jews "disloyal" and wondered what it will take for people to see that the president is "nuts."

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Trump press secretary’s scandal-plagued career includes DUIs, cheating, and a hideous comment about a botched execution

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Stephanie Grisham, who replaced Sarah Huckabee Sanders as President Donald Trump's press secretary, has led a scandal-plagued career that has been dogged by accusations of plagiarism and cheating on expense reports, as well as two arrests for driving while under the influence.

The New York Times reports that Grisham's resume is one that "contains red flags that most administrations might deem troubling," and the paper then goes on to document Grisham's multiple alleged ethical missteps that have so far cost her two different jobs.

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‘Blasphemous and sacrilegious’: Texas pastor blasts Trump’s ‘second coming of God’ claim — and ‘silent’ evangelicals

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pastors praying over trump in oval office

Much of the strong criticism that President Donald Trump receives from Christians typically comes from Mainline Protestants (especially non-fundamentalist African-American churches) or Catholic Democrats; Trump is still quite popular among far-right fundamentalist white evangelical groups like Focus on the Family and the Family Research Council. But one self-described evangelical who is furious with Trump and his apologists is Jay Lowder, who leads Jay Lowder Harvest Ministries in Wichita Falls, Texas and declares in a Washington Post op-ed that equating Trump with God is “blasphemous.”

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