It would appear that Trump’s son-in-law Jared Kushner “forgot” to disclose his interests in one of his largest investments before accepting his current role as White House advisor. Totally understandable. Don’t we all have those days where we completely forget about huge companies that we are invested in? In Kushner’s case, the business is called Cadre and is a real-estate tech start-up that has suddenly been receiving a lot of very lucrative business from countries such as China.
We are sure this is just a happy coincidence. But just in case it is not, the watchdog group Citizens for Responsibility and Ethics in Washington (CREW) has requested a probe by the Department of Government Ethics. The probe would investigate Kushner failing to divulge his interest in the company and into whether or not he properly divested himself from said interest when he became an advisor to the White House.
Kushner’s apparent lapse in memory is troubling. According to CREW Executive Director Noah Bookbinder,
Kushner’s failure to disclose his ownership in Cadre is very troubling. It appears to be one of his larger investments, not something he could easily overlook, and it is impossible to ensure that senior government officials are behaving ethically if they fail to disclose key assets.
Kushner’s lawyer, Jamie Gorelick, has claimed that Jared forgot to include the company on his original disclosure forms and promised that Kushner would submit a revised form with Cadre included at some point in the future. Gorelick has also stated that Kushner does not have a conflict of interest because he has already divested himself:
[Kushner] resigned from Cadre’s board, assigned his voting rights and reduced his ownership share
Um, reduced? So he still has interest in the company then, right? Interest that he is required to disclose as an employee in the White House? Sounds like Kushner’s own lawyer may have just given the Ethics Department all the evidence they need to open a case against him.
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