NY regulator asks Deutsche, other banks about Kushner loans

Mar 02, 2018, 03:07
NY regulator asks Deutsche, other banks about Kushner loans

New York's banking and insurance regulator has asked Deutsche Bank and two NY lenders for information related to their dealings with Jared Kushner, President Donald Trump's son-in-law and a White House senior adviser, according to a person familiar with the investigation, but who is not authorized to speak publicly on the matter.

"So that loan, $184 million, after these meetings at the White Wouse between the Apollo guy and Jared Kushner...they talk among other things about a potential job at the White House for the Apollo guy", Maddow noted.

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. $325 million last spring after CEO Michael Corbat met with Kushner in the White House, reportedly to discuss financial and trade policy.

Christine Taylor, a spokeswoman for Kushner Cos, said the company had not received a copy of any letter from the regulator.

Josh Raffel was spotted out in D.C. with White House Communications Director Hope Hicks and her then-boyfriend Rob Porter, who resigned in disgrace over allegations that he abused his two ex-wives

"It makes an already hard situation all the more hard", said Mr Aaron David Miller, a former State Department Middle East negotiator and now a vice-president at the Woodrow Wilson International Centre for Scholars.

Kushner has been forced to repeatedly correct omissions in his "SF-86", the government-wide form used to apply for clearances, as well as his financial disclosure forms, which experts said could delay or even end his chances of earning a clearance through the normal process. "These types of inquiries appear to be harassment exclusively for political reasons".

At the same time, Kushner is the head of the Trump administration's effort to broker a deal between Israelis and Palestinians.

Peter Mirijanian, a spokesman for Kushner's lawyer Abbe Lowell, said Kushner has had no role in Kushner Cos since joining the government. White House National Security Adviser H.R. McMaster has reportedly asked Kushner to explain meetings he has had with foreign officials without notifying the National Security Council.

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White House senior adviser Jared Kushner listens as President Donald Trump speaks during a cabinet meeting at the White House.

Apollo spokesman Charles Zehren told the paper Harris was not involved in the decision to loan money to Kushner Cos.

But Trump's daughter Ivanka and her husband, Jared Kushner, seem to have a different arrangement in mind.

Citigroup spokeswoman Danielle Romero-Apsilos told the Times Kushner Cos had been a bank client since before the election and that the relationship had no connection to Kushner's White House role.

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Kushner's relations with foreign government officials is a key reason why he's been unable to obtain permanent security clearance, the Washington Post reported on Tuesday.

Conflict of interest questions have plagued the Trump administration from the outset.

More than 30 White House staffers have been downgraded from their top-secret intelligence clearances, according to a Bloomberg report on Wednesday.

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