Trump Admin Dropped Investigation Month After Kushner Received Loan
Private equity firm gave Kushner’s business $180 million loan, Trump SEC dropped the investigation of the firm one month later.
This is why the conflict of interest laws were established.
A new report by the Associated Press is shedding more light on the shady loans that Jared Kushner’s business received from financial firms that he met with while working in the White House.
It was reported Thursday that Kushner met privately with the head of the private equity firm Apollo Global Management about a potential Trump administration job. Then following that private meeting Apollo loaned $180 million to Jared Kushner’s business.
But that’s not the end of it. Now the AP is reporting that one month after Kushner’s firm received the loan, the Trump Securities and Exchange Commission (SEC) dropped an inquiry into Apollo Global Management.
And as the AP notes, “the timing has once again raised potential conflict-of-interest questions about Kushner’s family business and his role as an adviser to his father-in-law, President Donald Trump.”
Of course, Kushner will claim there is nothing inappropriate about the meeting, the loan or the fact that the SEC dropped its inquiry into Apollo. But this is the exact reason the conflict of interest laws were established – to prevent any question of corruption.
Read the full AP report here.
[image via Lori Berkowitz/WikiCommons]
