White House aides’ finances revealed in disclosure documents

https://www.dialoguenews.com/blog/passchendaele-ceremony-honours-bravery/

Ivanka Trump and her husband Jared Kushner watch as German Chancellor Angela Merkel and U.S. President Donald Trump hold a joint news conference in the East Room of the White House in Washington, U.S., March 17, 2017

Ivanka Trump and Jared Kushner’s assets were estimated at up to $740m

Documents released by the White House have revealed millions of dollars in assets held by its senior staff.

President Trump’s daughter Ivanka and her husband, Jared Kushner, have assets valued between $240m and $740m (£191m- £590m).

That includes a stake in Trump International Hotel, which earned Ms Trump between $1m and $5m last year.

The financial disclosure documents also detail salaries of several other high-profile figures in the administration.

Ethics regulations require such financial disclosures for staff working in the White House. The documents show income and assets at the time they started working for the US government – before any assets were sold or disposed of.

Neither President Donald Trump or Vice-President Mike Pence were part of the disclosure release, which came late on Friday.

The documents, which US media have uploaded online, list asset values within a range, rather than giving precise figures.

Among the revelations are:

  • Ivanka Trump‘s business empire is worth more than $50m, and the value of her stake in Trump International Hotel is between $5m and $25m, according to the filing of her husband, Jared. Ms Trump only recently became a formal White House employee, and may file her own disclosure form later.
  • Jared Kushner‘s disclosure document runs to 54 pages, detailing positions held at 267 organisations, many of which he has since divested himself of. In the previous year, he earned hundreds of thousands of dollars from real estate and other assets.
  • Steve Bannon, now a senior White House adviser, was paid $191,000 in consulting fees by conservative media outlet Breitbart, in addition to at least $1m in other employment income. He also had between $3.3m and $12.6m in assets.
  • Sean Spicer, the White House press secretary, was paid $260,000 for his role as chief strategist and communications director at the Republican National Committee, and holds several real estate assets.
  • Kellyanne Conway, Trump’s campaign chief turned advisor, earned more than $800,000, mostly for consulting services, including Mr Trump’s campaign.
  • Gary Cohn, head of the White House National Economic Council and a former Goldman Sachs president, has assets worth at least $230m – but potentially more, as many of his assets are simply listed as worth “over $1m”. The White House said Mr Cohn resigned from all his positions at Goldman Sachs.

In a briefing before the release, White House officials stressed that “these are not the current holdings that everyone has today. These are the holdings that everybody had at the time when they came into office”.

Potential conflicts of interest may have already been eliminated.

“These are incredibly successful individuals, very high net worth, very sophisticated, complex asset structures, numerous sub-LLCs [limited liability companies], trusts and other items, all of which have to be worked through,” the White House official said, adding that every staff member had a “sit-down” about their assets.

US President Donald Trump speaks about signing executive orders on trade policies in the Oval Office of the White House in Washington, DC, March 31, 2017.Donald Trump’s cabinet and senior aides are estimated to be worth $12bn

Reuters news agency quoted a White House official as saying about 25% of Mr Trump’s White House were classified as having “extremely complex” filings, indicating they were very wealthy.

They appeared much wealthier than officials in previous administrations, including Barack Obama’s White House, US media reported.

Bloomberg estimates that Mr Trump’s cabinet and senior staff are worth some $12bn.

Since his election in November, the president’s own business empire has been scrutinised by ethics experts – who say it poses major conflicts of interest.

Fears have been raised that interest groups or foreign governments might stay at the luxury Trump hotel in Washington in a bid to win the administration’s favour.

Mr Trump’s two oldest sons now control his extensive assets, but watchdogs have complained that the arrangements are insufficient to avoid conflicts.

The Office of Government Ethics has urged the president either to divest fully, or to set up a blind trust for his assets.

Mr Trump has also refused to release his tax returns, breaking with a long-held tradition.

Comments

    Will

    (April 6, 2017 - 6:42 am)

    Eveeryone lovfes whhat youu guys tendd too bbe upp too. This kind oof clever
    work andd exposure! Keeep uup thee great works guygs I’ve ijcluded youu guyss to my blogroll.

    I likje iit whenevver people come together aand shwre opinions.
    Great site, stock with it! I cluld nnot refrain frm commenting.
    Weell written! http://cspan.co.uk

      RajaMuhammadHassan

      (April 6, 2017 - 7:39 am)

      Thanks sir

    4rx

    (April 7, 2017 - 7:32 am)

    I adore this site – its so usefull and helpfull. http://bit.ly/2p7LTKb

    1

    (April 22, 2017 - 1:06 am)

    This submit did actually me quite interesting. I feel such form of information and facts pursuits not just me.

    Everyone who no less than involve some experience of education will enjoy it! http://bit.ly/2nAJWJH

    lanternas decorativas

    (April 25, 2017 - 8:53 pm)

    Resultado � vestir este uma lanterna avan�ada,
    voc� n� precisa se preocupar em mudar todas e também todo
    uma das suas baterias mais uma vez e porém uma vez. http://Swiss.cx/Como_Usar_O_Aplicativo_Clean_Master_E_%E2%80%98Limpar_O_Android

    More hints

    (April 28, 2017 - 8:25 am)

    This website was… how do I say it? Relevant!! Finally I’ve found something that helped me.
    Thanks a lot!

    amjau to repair

    (May 21, 2017 - 12:44 pm)

    After exploring a handful of the blog posts on your blog,
    I truly like your technique of blogging. I saved it to my bookmark webpage
    list and will be checking back soon. Please visit my web site too
    and let me know what you think.

    antalya escort

    (May 28, 2017 - 11:42 pm)

    Hmm is anyone else encountering pгoblems wіth the images օn this blog
    loading? ӏ’m trүing tо fіnd out if its ɑ problem on my ᥱnd oг іf it’s the blog.
    Αny suggestions ԝould be greatly appreciated. http://www.timecode.org/

    bateria wannowa ścienna

    (May 31, 2017 - 4:29 am)

    Have you ever considered publishing an e-book or guest authoring on other blogs?
    I have a blog based upon on the same topics you discuss and would love
    to have you share some stories/information. I know my audience would
    enjoy your work. If you’re even remotely interested, feel
    free to send me an e-mail.

    random

    (June 3, 2017 - 5:12 pm)

    I simply couldn’t depart your web site prior to suggesting that I extremely loved the usual info an individual provide in your visitors?
    Is gonna be back incessantly in order to investigate cross-check
    new posts

    Jacquie

    (June 4, 2017 - 3:02 pm)

    fantastic issues altogether, you simply won a emblem new reader.

    What may you recommend in regards to your put up that you just made some days
    ago? Any sure? http://alphatechschool.com/?option=com_k2&view=itemlist&task=user&id=988090

Leave a Reply

Your email address will not be published. Required fields are marked *