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Ivanka Trump and Jared Kushner commercial income revealed

Ivanka Trump and Jared Kushner commercial income revealed

Ivanka Trump and Jared Kushner, the president's daughter and son-in-law, brought in at least $82 million in outside income while serving as senior White House advisers during 2017, according to new financial disclosure forms released Monday.

Ivanka Trump made $3.9 million from her investment in her father's hotel in Washington previous year, according to a disclosure released by the White House on Tuesday. He also said in his filing that he would continue to recuse himself from matters involving broker-dealer, real estate and online financial services related to his holdings in Quadro Partners, which owns Cadre.com, an online platform for investing in real estate.

Critics say that the many investments and transactions of Ivanka Trump and Jared Kushner raise serious concerns about conflicts of interest.

Ivanka Trump also reported over $2 million from severance from the Trump Corp.in 2017. The Post estimated Kushner's assets at 179 million dollars to 735 million dollars a year ago, compared to between 55.3 million dollars and 75.6 million dollars for Trump, noting that the Office of Government Ethics uses broad ranges for assets and liabilities.

Jared Kushner's filings reveal a sprawling real estate empire, with property in states including New York, New Jersey, Maryland, Illinois, Ohio and CT generating millions in rent. "It's also impossible to calculate precise totals of income and assets because the documents - which are used throughout government - ask officeholders to disclose figures in ranges, such as "$100,000 to $1,000,000".

While Kushner has resigned from 260 corporate positions and no longer has any role in running his family's real estate company, he has repeatedly been subject to public scrutiny over the perception that he has not done enough to draw lines between his private business interests and his sprawling portfolio of West Wing responsibilities.

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In 2017, Trump's assets were estimated to be valued between $55.3 million and $75.6 million and Kushner's between $179 million and $735 million, reported the Washington Post.

The form shows Ivanka Trump also collected almost US$290,000 in advance payments for a 2017 book she wrote titled Women Who Work.

General view of the Trump International Hotel Washington, D.C.at the Old Post Office on October 30, 2016 in Washington D.C., Washington D.C.

A rep for the couple said they complied with all the ethics rules and their net worth has largely remained unchanged while working in the White House. The Trump family has faced accusations of using the presidency for personal profit.

A spokesperson for Trump and Kushner's ethics counsel told the Post that they followed the rules set out by the Office of Government Ethics and that their net worth has held steady.


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