Kushner Business Reportedly Got Big Loans After White House Meetings

Maddow recounted the Times' reporting that the private equity firm Apollo Global Management gave Kushner's family business a loan after billionaire founder Joshua Harris had been visiting the White House. Harris met with Kushner multiple times to discuss infrastructure policy, but they also spoke about Harris possibly getting a job with the administration, which never happened.

One matter under investigation by the federal prosecutors involves a $285 million loan given to Kushner Cos.by Deutsche Bank one month before the 2016 presidential election, a time when Mr. Kushner was still chief executive of the real-estate firm, the Journal also has reported.

One Menorah Mivtachim executive who helped the negotiate the deal with CEO of Kushner Companies, Laurent Morali, told the Jerusalem Post last month that there was no conflict of interest and that Kushner had many business dealings with Israeli partners.

DFS Superintendent Maria Vullo, an appointee of New York Gov. Andrew Cuomo, has asked for the banks to reply to her request by Monday, March 5, said the person familiar with the letters.

"Mr. Kushner has done more than what is expected of him in this process", a Kushner spokesperson said in a statement Tuesday.

It was after a White House meeting with Citigroup big Michael Corbat that Kushner got the $325 million loan.


Federal prosecutors in Brooklyn issued a document request to Kushner Cos. for information about that loan in November of previous year, the Journal reported in December.

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The report revealed that officials in Israel, the United Arab Emirates, China and Mexico discussed ways to utilize Kushner's business ties and foreign-policy naiveté to their advantage, though it is unclear if any of them acted on their discussions.

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. "Stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved", she said. According to government financial disclosures from a year ago, he has lines of credit at the three banks, among others.

These investigations all appear to be separate from that of special counsel Robert Mueller, who is investigating possible collusion between the Trump campaign and Russian Federation during the 2016 election.

This blurring of lines is a potential liability for Kushner, who recently lost his top-secret security clearance amid worries from some USA officials that foreign governments might try to gain influence with the White House by doing business with Kushner.

But Kushner Companies' spokeswoman said they'd received no letter from the state and called the inquiries "harassment exclusively for political reasons". Kushner also still holds a stake in the entity that owns the Brooklyn buildings and received the loan from Citigroup.

The couple sold off some of their assets before starting their White House jobs past year, but Kushner still has stake in hundreds of companies.

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