Jared Kushner, the son-in-law of President Donald Trump who also serves as a senior White House adviser, sold his stake in a real estate company more than three years after he said he would be stepping back from his businesses. However, Kushner did not do so before the company benefited from tax cuts that he lobbied for as a member of the Trump administration.
When Kushner first entered the White House, his stake was valued at $5 million, The Associated Press reported. But his filing to the Office of Government Ethics shows that the stake is now worth between $25 million and $50 million. Kushner drew criticism that he was “benefiting from his White House role,” the AP reported, after the company took advantage of tax breaks offered by Opportunity Zone projects, which Kushner lobbied for.
Article submitted by, Great Gazoo.