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Jared, Ivanka Reveal New Assets - Including Foreign Loans And Israel Bonds

Jared Kushner failed to disclose dozens of financial holdings that he was required to declare when he joined the White House as an adviser to President Trump, his father-in-law, according to a revised form released Friday. "The Office of Government Ethics has certified Jared's financial disclosure, reflecting its determination that his approach complies with federal ethics laws", Jamie Gorelick, Mr Kushner's lawyer, told the Associated Press.

Kushner's financial disclosure has been updated 39 times since his first filing in March.

Trump's daughter Ivanka also updated her disclosure forms reporting some $66 million in assets and that she earned some $13.5 million in income in 2016, including $2.4 from a new Trump hotel near the White House.

But the changes came as a surprise for some veteran White House officials, including Clay Johnson.

Since the beginning of 2016, the couple jointly earned at least $100 million and hold at least $206 million in combined assets. The agency hasn't yet approved the document.

It's not unusual for new executive-branch appointees to need to amend their initial financial disclosures to the OGE. All of these constitute part of the previously undisclosed fortune of Jared Kushner and Ivanka Trump, who filed an revised financial report to the Office of Government Ethics last week that included more than 70 items "inadvertently" left out of previous filings.

Among the newly disclosed assets were an art collection valued at more than $5 million, and Quadro Partners, a real estate investment platform that does business in NY under the name of Cadre.

Both Kushner and Trump, who serve as advisers to President Donald Trump, are still investors in their families' respective real estate companies. The form also shows that Kushner has divested 116 assets, and is in the process of selling four more.

Going forward, the Times reported, Ivanka Trump will receive a fixed payment of $1.5 million from the three real estate companies she worked for in 2016, including her family's luxury real estate brand.

Ivanka Trump also listed receiving $2.4 million in hotel-related revenue from the Trump International Hotel in Washington.

The public documents, uploaded by the Washington Post, show that when Kushner took up an advisory role in the White House in January, he stepped down from 266 corporate positions and sold off several real estate interests.

In his initial disclosure, Mr. Kushner didn't identify business relationships with Goldman Sachs Group and billionaires George Soros and Peter Thiel through a real-estate tech startup called Cadre that Mr. Kushner co-founded and now partly owns, The Wall Street Journal reported earlier this year.



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