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pnwmom

(110,282 posts)
Fri Mar 2, 2018, 01:23 PM Mar 2018

A year ago, Jared pledged to DIVEST himself of 666 5th Avenue, to meet ethics rules. [View all]

So why does he still own it? What else does he own that he promised to sell?

https://www.politico.com/story/2017/01/jared-kushner-divest-assets-trump-adviser-233368

“Mr. Kushner is committed to complying with federal ethics laws and we have been consulting with the Office of Government Ethics regarding the steps he would take,” Gorelick said, noting that he plans to file a 278 financial disclosure form, required by Cabinet nominees, and comply with the same levels of transparency voters would expect of regular senior government officials.

Kushner will divest from all common stock and over 35 other investments, his attorney said, including: all foreign investments; Thrive Capital, a venture capital fund co-founded by his younger brother, Josh; and his interests in the company’s crown jewel property, 666 Fifth Avenue, where Kushner keeps his corner office. Gorelick said the divestments will be carried out through sales at fair-market value.

Those assets will be sold in part to a trust of which Jared Kushner’s mother, Seryl, is the trustee — but in which he will not be a beneficiary or a contingent beneficiary, his attorney said. Other assets will be sold to his brother, Josh, and to third parties.

Kushner will also resign as manager or authorized signatory of more than 40 Kushner Company entities. And he will recuse himself from participating personally in any government business that would have a direct effect on his remaining financial interests.


https://en.wikipedia.org/wiki/Kushner_Companies

Jared Kushner retained his interest in the building after becoming senior advisor to President Trump, his father-in-law.

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