Kushner loses top-secret security status

Kushner loses top-secret security status

According to the report, Joshua Harris, the founder of Apollo Management - whose loan refinanced the mortgage on Kushner's Chicago skyscraper - who was advising Trump administration on infrastructure policy, also met with Jared Kushner previous year.

The family real estate business of Jared Kushner reportedly received millions of dollars in loans from two companies whose leaders met with him in the White House past year.

Also early in 2017, Kushner met with a chief exec from Citigroup in the White House.

Likewise, Kushner had meetings with Citigroup's top exec Michael Corbat - to discuss financial and trade policy, several sources told The Times.

Jared Kushner, President Trump's son-in-law and senior adviser, got two large loans for his family real estate business a year ago after executives began visiting the White House, according to a Wednesday report.

Earlier this month, Bloomberg LP reported both the IRS and U.S. Department of Justice subpoenaed lenders and investors involved with Kushner family properties in NY and New Jersey, some dating back as far as 2010.

The funding from Apollo Global Management went toward the Kushner Company's mortgage on a Chicago skyscraper, while the loan from Citigroup was used for the Kushner Company's Brooklyn office buildings.

Citigroup spokeswoman Danielle Romero-Apsilos told the Times Kushner Cos had been a bank client since before the election and that the relationship had no connection to Kushner's White House role.

PSG's Neymar Avoids Broken Ankle but Expected to Miss Real Madrid Clash
After Sunday's match, PSG manager Unai Emery told reporters he remained confident that Neymar would be able to suit up on March 6. PSG revealed the extent of Neymar's injured foot late Monday without saying how long he will be sidelined.

Apollo defended its move in extending the loan to Kushner to the New York Times. The two reportedly did not discuss Kushner Companies.

President Donald Trump's son-in-law Jared Kushner's clearance was similarly downgraded, Politico reported Tuesday. She said Citigroup negotiated the 2017 loan with Kushner Cos' business partner, a real estate developer.

Kushner Companies has said in a statement that Jared Kushner's White House role had no impact on the company's financial relationships.

Last year, the regulators asked Deutsche Bank for details about transactions it had flagged as suspicious that had apparent ties to officials in Mr. Trump's administration or people close to them, one of the people said.

This blurring of lines is a potential liability for Kushner, who recently lost his top-secret security clearance amid worries from some US officials that foreign governments might try to gain influence with the White House by doing business with Kushner.

Kushner's contacts with foreign officials are now under investigation by USA special counsel Robert Mueller, who has been probing Russia's interference in the last presidential election since May 2017.

Mirijanian, the spokesperson for Kushner's lawyer, said Mueller had not sought from the Kushner Cos. or Kushner "any information or document concerning any business dealing either has had".

But the complicated finances surrounding the Kushner family's vast real-estate empire and his qualifications for the foreign policy responsibilities given to him by his father-in-law invited scrutiny from the start.

Related News:



Most liked

Apple Moves Sensitive iCloud Data to Chinese Servers
By contrast, Apple has given the United States customer account content in response to 2,366 out of 8,475 government requests. Apple saysit alone would control the encryption keys, and Chinese authorities do not have any "backdoor" to access data.

Samsung Galaxy S9 will measure Blood Pressure as well
We've dived deeper to see what's beneath the surface, and here are 8 things that Samsung didn't tell you about the Galaxy S9 . But if you're shooting in low light conditions, the lens opens to f/1.5, the widest aperture to ever be on a smartphone .

What Do Analysts Say About Anadarko Petroleum Corporation (APC)
Evercore Wealth Mngmt Ltd holds 0.02% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 7,953 shares. The difference between the expected and actual EPS was $0.15/share, which represents an Earnings surprise of 500%.

Here's Why Warren Buffett Has 'Bought More Apple Than Anything Else'
Cramer said it didn't sound like Buffett was super confident. "The best chance to deploy money is when things are going down". The company received a $29 billion tax bump after the tax plan passed Congress last December, Buffett wrote in his letter .

Apple once again tipped to launch 'giant' 6.5-inch iPhone in 2018
With the eSIM tech, smartphones can connect to the cellular data networks without inserting a traditional SIM card. Like the iPhone X, the larger model will include a Face ID scanner that unlocks the device and enables payments.

Black Panther Pulls In Another Strong Weekend With Revenue At $108 Million
Thanks to " Black Panther ", Disney accountants are facing a new challenge - not that they're complaining. The film stars Chadwick Boseman as T'Challa / Black Panther , alongside Michael B.

ZenFone 5Z: the cheapest way to get Snapdragon 845
There's a triple slot housing two SIM cards and one microSD alongside them, and a fingerprint scanner is included on the back. That's probably because it uses the Snapdragon 630 SoC that lacks the required AI-acceleration bits for said functions.

MWC 18: Vivo India unveils APEX FullView concept
This is the company building upon the in-display fingerprint reader technology it introduced with the Vivo X20 Plus UD in 2017. This time, it is the Vivo APEX that has surfaced as the latest concept of bezel-less smartphone from the Chinese manufacturer.

Apple Opening Medical Clinics For Employees
The news comes as Amazon announced an effort with Berkshire Hathaway and JPMorgan to improve the healthcare of their employees. The roles indicate this is hardly a standard company clinic where employees can run up for flu shots.

Tragic Vicar of Dibley star Emma Chambers was plagued by severe allergies
Chambers passed away aged 53 on Wednesday but her death from natural causes was only announced yesterday. He told Radio 4 this morning, saying: 'It's no age to have a heart attack , as I understand it'.

Vegetarian and Mediterranean diets are equally effective
The Mediterranean diet includes poultry, fish and some red meat as well as fruits, vegetables, beans and whole grains. Even more, the participants presented nearly the same BMI (body mass index) decrease rate.

FDA Commissioner Prepares For Next Flu Season
A flu shot , manufactured by Sanofi Pasteur, is displayed for a photograph at Perry Memorial Hospital in Princeton, Ill., Oct. 12, 2017.

Liam Fox Slams Jeremy Corbyn's "Incoherent" Brexit Announcement
Trump said past year that the world's largest economy is "working on [a] major Trade Deal with the United Kingdom" after Brexit. Mr Corbyn has insisted Britain be able to negotiate with third party countries alongside the European Union under his plan.

Punjab CM's son-in-law among 13 booked for bank fraud
The bank was allegedly cheated to the tune of Rs 97.85 crore, but the loss incurred by the bank is Rs 109.08 crore, the FIR read. This way, OBC claimed, Simbhaoli Sugars has misappropriated the money lent by it and "there is clear cut division of funds".

Four killed in building fire in Leicester, terrorism ruled out
Multiple 999 calls were made to fire services around 7pm reporting an explosion on Hinckley Road, which was eventually evacuated. Emergency personnel attend the scene of an incident in Leicester , central England, Sunday Feb. 25, 2018.