Team Trump Senior Adviser Jared Kushner failed to mention his professional connections to Peter Thiel, Goldman Sachs or his $1 billion debt. The president’s own son-in-law absent-mindedly dropped the ball in terms of availing his professional stake in real-estate startup-company Cadre—networking him to Goldman Sachs Group, Thiel and George Soros.
In an interview with the media, Kushner attorney Jamie Gorelick explained Cadre is under the umbrella of BFPS Ventures LLC—one of Kushner’s businesses, which he named cited in his federal financial-disclosure records. Gorelick further disclosed there being a clarified draft of Kushner’s documents showing Cadre being availed upon ethics officials assessing the papers.
But there’s still the matter of the $1 billion in debt to 20 lenders and personal associates—Kushner promised over $300 million of said debt.
However, Gorelick said disclosure drafts are “very normal.” Then again, ethics officials stressed debt and promissory notes are to be known so the government can determine if Kushner should be recused from loaner-centric matters. They also added startup investments (e.g., Cadre) are prime information to be shared in such dealings.
“Anything that presents a potential for the conflict of interest should be disclosed so that the public and the press can monitor this,” former-Federal Election Commission Chairman Trevor Potter commented to the media.
An unknown informant said Kushner intends to embrace recusal with anything germane to Deutsche Bank and/or RBS—two of his financial backers for which he has promissory notes. Said entities are among multiple Kushner-loan outfits including Bank of America, Citigroup, Blackstone Group and UBS.