Kushner to join White House as adviser

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

TRD MIAMI /
Jan.January 09, 2017 02:15 PM

From the New York website: 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 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
Donald Trump with Trump International Golf Club (Credit: Isaac Brekken/Getty Images and Palm Beach Post)

Trump golf club in West Palm seeks rent relief, citing shutdowns

Trump golf club in West Palm seeks rent relief, citing shutdowns
Donald Trump and Mar-a-Lago Club (Credit: MANDEL NGAN/AFP via Getty Images, and iStock)

Trump’s Mar-a-Lago furloughs 153 employees

Trump’s Mar-a-Lago furloughs 153 employees
Donald Trump, Vanilla Ice and Briny Breezes (Credit: Getty Images)

Trump Town? Briny Breezes wants to sell for $1B

Trump Town? Briny Breezes wants to sell for $1B
Daily Digest Miami

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest
Donald and Melania Trump at the entrance way of Mar-a-Lago (Credit: Getty Images)

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors
Donald Trump, and Trump National Doral Miami golf resort (Credit: Getty Images and iStock)

Trump disputes report that Doral golf resort has bedbugs

Trump disputes report that Doral golf resort has bedbugs
Daily Digest Miami

RREEF scoops up Hialeah property in largest industrial sale of SoFla this year, filling FEC water slip could cost $232M: Daily digest

RREEF scoops up Hialeah property in largest industrial sale of SoFla this year, filling FEC water slip could cost $232M: Daily digest
Donald Trump at Trump National Doral (Credit: Getty Images)

Former members of Trump Doral may have to wait decades to get their deposits back

Former members of Trump Doral may have to wait decades to get their deposits back
arrow_forward_ios

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

Loading...