Bloomberg
Jared Kushner White House aide

Kushner, Trump’s Son-in-Law, Tapped as Senior White House Aide

(Bloomberg)—Jared Kushner, the son-in-law of President-elect Donald Trump, will be named a senior adviser to the president, according to a person familiar with the matter.

Kushner has been working on a plan to step down as chief executive officer of his family’s real estate company to comply with government ethics standards, Jamie Gorelick, a lawyer with WilmerHale, said in an e-mailed statement Saturday.

Kushner will divest “substantial assets” and “recuse from particular matters that would have a direct and predictable effect on his remaining financial interests’’ Gorelick said.

Kushner and his wife Ivanka Trump, currently residents of New York City, have bought a home in Washington. Like Trump, Kushner took his father’s empire of middle-class apartments and parlayed it into investments in Manhattan, before becoming a key player in his father-in-law’s presidential campaign.

The New York Times reported Saturday that Kushner is closing in on a deal to redevelop the Kushner Companies’ flagship office building, at 666 Fifth Avenue in New York, in a joint venture with Anbang Insurance Group Co., a Chinese insurance company with close ties to that country’s government that has been buying up marquee U.S. commercial properties.

To contact the reporters on this story: Jennifer Jacobs in Washington at [email protected]; Caleb Melby in New York at [email protected] To contact the editors responsible for this story: John Voskuhl at [email protected] Alex Wayne

COPYRIGHT

© 2017 Bloomberg L.P

TAGS: NREI Wire
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish