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Kushner Cos. receives federally backed $800 million loan for real estate purchase: report

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Kushner Cos., Bloomberg News is reporting, has received $800 million in federally backed debt to purchase apartments in Virginia and Maryland. Kushner Cos. is a high-end real estate company owned by the family of White House Senior Adviser Jared Kushner, who is married to President Donald Trump’s daughter, Ivanka Trump.

The loan, according to Bloomberg News, was issued by Berkadia, which is co-owned by Warren Buffett’s Berkshire Hathaway and Jefferies Financial Group — and the deal is backed by the government-owned Freddie Mac. Bloomberg News received its information from someone who was familiar with the transaction but agreed to be interviewed only on condition of anonymity.

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Spokespersons for Kushner Cos., Freddie Mac and Berkadia did not respond to Bloomberg’s interview requests.

Peter Mirijanian, a spokesman for Jared Kushner’s attorney Abbe Lowell, has insisted that the president’s son-in-law is not involved in the management of Kushner Cos. In an e-mail in February, Mirijanian told Bloomberg News, “As part of an ethics agreement he has and has followed, Mr. Kushner has had no role in the Kushner Cos. or its activities since joining the government over two years ago. He is walled off from any business or investment decisions and has no idea or knowledge of these activities.”

Kushner Cos. was founded in 1985 by Jared Kushner’s father Charles Kushner, who gave the operation of the company to his son after being convicted of tax evasion and witness tampering in 2005. Charles Kushner was sentenced to two years in prison but only served 14 months.

In February, Bloomberg News reported that Kushner Cos., in a $1.5 billion deal, was purchasing 6030 apartments from the private equity firm Lone Star Funds.


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The View goes ‘insane’ trying to unravel GOP’s mind-bending impeachment conspiracies

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Panelists on "The View" questioned their own sanity while trying to make sense of the theories House Republicans threw out to defend President Donald Trump against impeachment.

The four panelists, minus an absent Meghan McCain, were thoroughly confused by GOP arguments against the evidence presented in the first public hearing of the impeachment inquiry -- where Ukraine ambassador Bill Taylor revealed the president was overheard discussing investigations of Joe Biden with the EU ambassador by phone.

"Here's the craziest part of that call," said co-host Abby Huntsman. "It's an incredible breach of security."

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Second official confirms Trump’s call with Gordon Sondland as evidence for latest bombshell grows: report

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According to the Associated Press, a source is saying that a second US embassy official overheard President Trump’s call with Sondland regarding Ukraine moving forward with investigating Trump's political rivals.

This is a developing story, please check back for updates.

Bill Taylor, the president's top diplomat in Ukraine, testified Wednesday that he learned last week from a staffer, after he was deposed in a closed-door hearing, about an incident that took place a day after Trump's call to his Ukrainian counterpart Volodymyr Zelensky.

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Pelosi smacks down Fox News reporter’s question — and hilariously explains to Trump what ‘exculpatory’ means

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House Speaker Nancy Pelosi (D-CA) on Thursday smacked down Fox News reporter Chad Pergram after he insinuated that House Democrats seemed "excited" about the prospect of impeaching President Donald Trump.

During a press conference, Pergram asked Pelosi, "Why would the public not think that the House is dead set on a course to impeach the president when all of this milieu was going on?"

"All this milieu is a seeking of the truth," she replied. "It's called an inquiry."

Pelosi at this point turned to the camera and seemed to address Trump directly.

"And if the president has something that is exculpatory -- Mr. President, that means if you have anything that shows your innocence -- then he should make that known," she said. "And that's part of the inquiry. So far we haven't seen that."

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