President Trump may be legally exempt from federal ethics laws, allowing him to retain his real estate holdings, but his son-in-law Jared Kushner, as an executive staff member of the administration, does not have the same privileges. That has led to some heightened scrutiny, as The Washington Post has learned Kushner is keeping "nearly 90 percent of his vast real estate holdings even after resigning from the family business and pledging a clear divide between his private interests and public duties."
As is usual for White House officials, Kushner refused to go over the terms of his ethics agreement, which details what topics he will stay out of in order to avoid conflicts of interest. Yet "many of the real estate properties that Kushner still owns rely on the support of financial institutions, investors, and local officials — and often fall under the purview of regulatory agencies — over which he might now enjoy considerable influence," The Washington Post writes.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Swiss bliss: Chenot Palace Weggis takes wellness to the next levelThe Blend Heath retreat on Switzerland's Lake Lucerne offers a mid-winter reset
-
Earth's mini-moon was the moon all alongUnder the radar More lunar rocks are likely floating in space
-
Crossword: February 4, 2025The Week's daily crossword
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
-
Rupert Murdoch loses 'Succession' court battleSpeed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
-
Bitcoin surges above $100k in post-election rallySpeed Read Investors are betting that the incoming Trump administration will embrace crypto
-
Enron mystery: 'sick joke' or serious revival?Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
