Jared Kushner Met Private Equity Firms In White House, Got Massive Loans

Ivanka with her father President Trump and husband Jared Kushner in the oval office. Image Ivanka Trump  Twitter

New York's banking and insurance regulator has asked Deutsche Bank and two NY lenders for information related to their dealings with Jared Kushner, President Donald Trump's son-in-law and a White House senior adviser, according to a person familiar with the investigation, but who is not authorized to speak publicly on the matter.

"So that loan, $184 million, after these meetings at the White Wouse between the Apollo guy and Jared Kushner...they talk among other things about a potential job at the White House for the Apollo guy", Maddow noted.

The family real estate business of Jared Kushner reportedly received millions of dollars in loans from two companies whose leaders met with him in the White House previous year. Kushner's company also received a $325 million loan from Citigroup Inc. last spring, after Kushner met with Citigroup CEO Michael Corbat at the White House, the Times said.

There is little precedent for a top White House official meeting with executives of companies as they contemplate sizable loans to his business, say government ethics experts. The agency is also requesting descriptions on how the banks processed Kushner's loans and whether the banks did any internal review of the Kushners and their companies, the person said.

It was one of the largest loans Kushner Cos. received past year.

His business dealings also make him prone to manipulation by foreign governments, the Post added, noting that officials in at least four countries had privately discussed how to benefit from Kushner's lack of government experience.

Abbe Lowell, Kushner's attorney, said in a statement that the delay is not uncommon.

The Trump family's web of business and political interests is coming under intense scrutiny, with the spotlight firmly on Jared Kushner, President Donald Trump's son-in-law and White House senior adviser.

A Citigroup spokesperson, Danielle Romero-Apsilos, said Kushner Cos. had been a bank client before the election and the relationship had no connection to Kushner's White House role.

The letter from the DFS is seeking information-as well as communications and documents-surrounding the financial agreements between Kushner, his business dealings and the three banks, according to the source.

Investigators working for Robert Mueller, the special counsel looking into Russian interference in the 2016 election, have asked questions about Kushner's interactions with potential investors from overseas, according to a person familiar with the matter.

A Citigroup spokeswoman said the firm's relationship with Kushner Companies was not connected to Kushner's White House role.

Kushner's company, which he left to take his position in the White House previous year, is also being investigated by the U.S. Securities and Exchange Commission, along with federal prosecutors in NY, over its use of a visa program used to attract foreign investment, according to Bloomberg. It helped finance a a group of office buildings in Brooklyn. At the time, the spokeswoman for Kushner Cos. said the firm "has cooperated and will continue to cooperate with any reasonable request for information".

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