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Jared Kushner’s startup is seeking $100 million from Saudi-backed investment fund that called him the ‘Clown Prince’

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Senior White House advisor Jared Kushner is facing fresh scrutiny for financial conflicts-of-interests as a company co-founded by the president’s son-on-law seeks at least $100 million from the Middle East.

Upon entering the administration, Kushner did not divest his investment in Cadre, a real estate technology startup. The most recent financial disclosure form values his stake in the company between $5 million and $25 million.

Bloomberg reported on Tuesday that Cadre is seeking over $100 million from the SoftBank Vision Fund, which receives almost half of it’s money from Saudi Arabia’s Public Investment Fund.

The United Arab Emirates has also invested at least $15 billion in SoftBank.

People close to the company are denying that Jared or his younger brother Josh have taken part in the discussions with SoftBank.

“For more than a year and a half, Mr. Kushner has removed himself from the operations and direction of Cadre,” Kushner’s lawyer, Abbe Lowell, told Bloomberg. “Like many others, he is merely a passive investor, and has not taken part in any negotiations for any investments.”

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Citizens for Responsibility and Ethics in Washington (CREW) filed an ethics complaint against Kushner for failing to reveal his interest in Cadre on his initial financial disclosure form. Kushner revised his disclosure to show his investment, valued at over $5 million.

“This kind of an arrangement, where a high-ranking U.S. government official can personally profit from a foreign government, is exactly why we filed the ethics complaint and it is exactly what the emoluments clause of the constitution was written to prevent,” said Virginia Canter, a lawyer at CREW. “If a foreign government wants to try to buy favors and influence U.S. policy, this is the way to do it.”

Financing from the Middle East is also problematic for Kushner as he has been chosen by President Trump to bring peace to the region.

Special counsel Robert Mueller is also investigating an August 3, 2016 meeting at Trump Tower where George Nader was allegedly representing the interests of the crown princes of Saudi Arabia and the United Arab Emirates.

Saudi Crown Prince Mohammed bin Salman has reportedly bragged about having Kushner “in his pocket.”

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Walmart got a $2.2 billion tax cut — now it’s laying off workers

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Walmart announced it will lay off hundreds of workers in North Carolina despite receiving billions in tax cuts that the Republican Party and President Trump claimed would spur job growth.

The giant retailer will lay off about 570 employees and close its corporate office near the Charlotte airport, despite signing a 12-year lease just four years earlier, the Charlotte Business Journal reported.

The work done at the Charlotte facility will be outsourced to a firm in Arkansas, according to the report.

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Melania Trump ripped for bragging about helping children while her husband runs concentration camps for kids

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Melania Trump was ripped on Monday for pushing her signature "Be Best" campaign against bullying while her husband, President Donald Trump, runs concentration camps for children along the southern border.

"Looking forward to collaborating with all of our #BeBest Ambassadors. Delighted to be working alongside so many people both inside and outside of government to better the lives of children everywhere!" Melania Trump tweeted Monday.

The response was some of the harshest since she wore an "I Don't Care" jacked to visit the border.

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Border Patrol blocking Americans from donating toothbrushes and diapers for detained children

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Donald Trump on the US-Mexico Border

On Sunday, Austin Savage and five of his friends huddled into an SUV and went to an El Paso Target, loading up on diapers, wipes, soaps and toys.

About $340 later, the group headed to a Border Patrol facility holding migrant children in nearby Clint with the goal of donating their goods. Savage said he and his friends had read an article from The New York Times detailing chaos, sickness and filth in the overcrowded facility, and they wanted to help.

But when they arrived, they found that the lobby was closed. The few Border Patrol agents — Savage said there were between eight and 10 of them — moving in and out of a parking facility ignored them.

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