Finally, Ivanka Trump’s financial interests have been revealed in the rather exhausting 54-page document filed by husband Jared Kushner.
Turns out, the first daughter — who is now an assistant to the POTUS, along with being the wife of a senior adviser to the POTUS — will keep her stake in the Trump International Hotel in Washington, D.C., thank you very much.
From January 2016 to March, Ivanka earned between $1 million and $5 million from the hotel, The New York Times estimates.
The said hotel has been in the spotlight since Trump became president, particularly due to the spectacular conflicts of interest it represents.
Housed in the former Old Post Office Pavilion in D.C., the hotel is on a 60-year lease from the U.S. government. It is being managed by a revocable trust controlled by Trump, which effectively makes him both the landlord and the tenant of the hotel.
As for Ivanka, there is an entire host of conflicts of interest that makes one wonder if she will ever be able to demarcate the personal and professional.
There is a high possibility that foreign officials and delegates may use the hotel to curry favor from the owners and the Trump administration. The Kuwait government recently held a one-night extravaganza at the hotel that cost around $60,000.
Ivanka and her father are not the only ones who will be jeopardizing either their personal interests or those of the government.
Kushner has borrowed money from international banks such as Israeli Bank Hapoalim. The bank is being investigated by the Justice Department over allegations that it may have helped Americans invade taxes.
More importantly, the fact that he has monetary interests in Israel may inhibit Kushner from being impartial as he mediates peace between Israel and Palestine, one of his many tasks in the Trump administration.
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