Kushner's business got big loans after White House meetings



"Yeah", Drucker replied. "So to step back for a second, when Jared Kushner joined the White House a little over a year ago, he quit his job as chief executive officer of Kushner Companies, but for the most part, he held onto his ownership stake in Kushner Companies".

The White House and Department of Justice did not immediately respond to HuffPost's request for comment.

The New York Times reported on Wednesday that the private equity firm Apollo Global Management and Citigroup Inc (C.N) extended loans totaling more than half a billion dollars to Kushner Cos previous year after their officials held separate meetings with Kushner.

This isn't the first time the NY state regulator is using its power to demand banks under its jurisdiction describe their relationships with Mr. Kushner.

The two reportedly spoke about a potential job opportunity at the White House, but the job did not come to fruition.

But Kushner Companies' spokeswoman said they'd received no letter from the state and called the inquiries "harassment exclusively for political reasons".

According to the report, Joshua Harris, the founder of Apollo Management - whose loan refinanced the mortgage on Kushner's Chicago skyscraper - who was advising Trump administration on infrastructure policy, also met with Jared Kushner previous year.

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Social media users slammed it as "repugnant" and "absolutely cringeworthy". "I'm going with winning". The PM responded that her baby was due on 17 June.

Apollo's $184 million loan in November was aimed at refinancing the mortgage on a Chicago skyscraper, while Citigroup's $325 million amount in the spring of 2017 was directed at financing office buildings in Brooklyn, the Times said. "These types of inquiries appear to be harassment exclusively for political reasons".

Peter Mirijanian, a spokesman for Kushner's lawyer Abbe Lowell, said Kushner has had no role in Kushner Cos since joining the government. It soon emerged that a number of White House aides, including Kushner, had access to top-secret information even though their background checks were not complete. "Stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved", spokeswoman Christine Taylor said.

"This is hundreds of millions of dollars being shoved at him and his personal business interests while taking meetings with executives from those lenders in the white house, in his capacity as a White House official", Maddow said. She declined to comment on the DFS inquiry, citing legal restriction.

An Apollo spokesperson, Charles V. Zehren, said Harris was not involved in the decision to loan money to Kushner Cos.

On the same day Kushner's clearance was restricted, the Washington Post reported that the United Arab Emirates, China, Israel and Mexico have targeted Kushner as a potential target for manipulation or blackmail because of his policy inexperience and sizable debt, according to current and former US officials.

But Trump's daughter Ivanka and her husband, Jared Kushner, seem to have a different arrangement in mind.

Ethics experts have long frowned on the idea of senior administration officials with active corporate activities because of potential conflicts of interests.

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