Kushner to join White House as adviser

Trump's son-in-law stepping down as CEO of family firm

New York /
Jan.January 09, 2017 01:57 PM

Jared Kushner will join his father-in-law’s administration as senior adviser to the president.

The news comes a day after the New York Times reported that Kushner TRData LogoTINY plans to step down as CEO of his family real estate business to focus on the White House. Kushner’s resignation is likely intended to minimize potential conflicts of interest, given the company’s vast real estate holdings and ties to foreign investors.

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,” Kushner’s attorney Jamie Gorelick told the Times.

President-elect Donald Trump has scheduled a press conference for Wednesday to announce how he will handle his own potential conflicts of interest. CNN reported that observers expect him to announce his daughter Ivanka (Kushner’s wife) will not run the company, presumably leaving it to his two eldest sons, Eric and Donald Jr.

The Real Deal broke down the risk of conflicts of interest and crony capitalism under a Trump administration in November. [CNN]Konrad Putzier


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
From left: Letitia James, attorney general of New York; Donald Trump, 45th U.S. president (Getty Images, Wikipedia/ChrisRuvolo, iStock/Illustration by Steven Dilakian for The Real Deal)
New York AG alleges Trump altered values at 6 properties
New York AG alleges Trump altered values at 6 properties
Donald Trump and Trump National Doral (Trump Hotels, Getty)
Trump planning retail, luxury homes in Doral resort expansion
Trump planning retail, luxury homes in Doral resort expansion
1 Central Park West and Andrew Napolitano with Donald Trump (Trump Org, Getty, iStock)
Judge Andrew Napolitano ditches Trump condo after Fox News ouster
Judge Andrew Napolitano ditches Trump condo after Fox News ouster
Mary L. Trump's tell-all book on the Trump family. (Getty)
Donald Trump’s niece, Mary, buys $7M Soho condo
Donald Trump’s niece, Mary, buys $7M Soho condo
Vornado's Steven Roth and Donald Trump with 1290 Sixth Avenue (Getty, VNO)
Vornado, Trump top Manhattan’s largest loans in November
Vornado, Trump top Manhattan’s largest loans in November
Donald Trump and Letitia James (Getty)
Trump arguing political bias in New York A.G. lawsuit to stop business probe
Trump arguing political bias in New York A.G. lawsuit to stop business probe
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...