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Tags: jared kushner | financial | assets | tech startup | government | form

WSJ: Kushner Left Stake in Tech Startup Off Gov't Form

WSJ: Kushner Left Stake in Tech Startup Off Gov't Form
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By    |   Tuesday, 02 May 2017 04:28 PM

President Donald Trump's senior adviser and son-in-law Jared Kushner did not claim a particular financial asset and debts on his government disclosure form before he joined the administration, according to a new report.

The Wall Street Journal reports that Kushner did not disclose his part-ownership in a tech startup, nor did he mention that he has outstanding loans that equal $1 billion.

The Journal compared Kushner's financial disclosure form with public filings.

Kushner's lawyer Jamie Gorelick told the paper his client owns BFPS Ventures LLC, which has a stake in the aforementioned startup Cadre, and that he disclosed his ownership of that parent company before he began working in the West Wing.

Gorelick said Kushner has "resigned from Cadre's board, assigned his voting rights, and reduced his ownership share" in order to avoid any conflicts of interest.

Cadre, according to the Journal, is owned by several people and businesses such as tech investor Peter Thiel, liberal billionaire George Soros, and a Goldman Sachs fund.

Kushner and his wife Ivanka Trump both work for Trump in the White House, although they are not taking a salary. Some have criticized the president for employing members of his family in the administration — an opinion that was backed up by at least one recent poll.

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Politics
President Donald Trump's senior adviser and son-in-law Jared Kushner did not claim a particular financial asset and debts on his government disclosure form before he joined the administration, according to a new report.
jared kushner, financial, assets, tech startup, government, form
211
2017-28-02
Tuesday, 02 May 2017 04:28 PM
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