Mar 02 2018
New York's state banking regulator asked Deutsche Bank AG (DBKGn.DE) and two other lenders for information on their relationships with U.S. President Donald Trump's son-in-law and White House senior adviser Jared Kushner and his family's real estate company, a person familiar with the matter told Reuters. $184 million in November, months after Kushner met with Apollo founder Joshua Harris and discussed a possible job in the White House for him, the Times reported.
Even by the standards of Apollo, one of the world's largest private equity firms, the previously unreported transaction with the Kushners was a big deal: It was triple the size of the average property loan made by Apollo's real estate lending arm, securities filings show. "Now tonight, we learn that Kushner's companies, companies in which... he partially owns them or holds a stake in them, they have received hundreds of millions of dollars in loans from entities whose executives have been meeting with Jared Kushner regularly in the White House in his capacity as a senior White House official".
Likewise, Kushner had meetings with Citigroup's top exec Michael Corbat - to discuss financial and trade policy, several sources told The Times.
Government ethics experts told the Times that there is "little precedent" for CEOs whose businesses plan to make large loans to a company a White House official has a stake in meeting with said official. Visit MarketWatch.com for more information on this news. In 2012, the Kushners and Steinmetz joined forces to buy almost $200 million of apartment buildings in the NY metropolitan area.
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.
Kushner's ties with his business activities while being a part of the Trump administration has been the topic of contention since he was hired by the president as White House innovations director in January 2017.
LBPD Arrests Student At Wilson High For Alleged Threats
The public is asked to follow the protocol of "See Something, Say Something" when witnessing or hearing suspicious activity. The incident follows that of a similar threat made earlier Thursday by a 15-year-old freshman at Millikan High School.
Three-putts derail Anirban Lahiri, slips to tied 26th at Genesis Open
I was focusing on the wrong things. "And I was focussing on the wrong things...pitiful me and not how lovely my life was". European - Joost Luiten won the inaugural Oman Open in Muscat, to break a title drought of almost 17 months.
Burnout Paradise Remastered is coming to the PC after the console release
Paradise was the last entry in the main series, with just one more Burnout title later released on mobile devices in 2010. Burn rubber and shred metal across the open roads of Paradise City while discovering jumps, stunts, and shortcuts.
Abbe Lowell, Kushner's attorney, said in a statement that the delay is not uncommon.
The two reportedly spoke about a potential job opportunity at the White House, but the job did not come to fruition.
A Citigroup spokesperson, Danielle Romero-Apsilos, said Kushner Cos. had been a bank client before the election and the relationship had no connection to Kushner's White House role.
Although Kushner stepped down as the company's CEO in 2017, after Trump was sworn in to the office, the business still remains in his family and reports suggest he is still invested in the company's business dealings.
This blurring of lines is a potential liability for Kushner, who recently lost his top-secret security clearance amid worries from some US officials that foreign governments might try to gain influence with the White House by doing business with Kushner.
Citigroup gave Kushner Companies a sum of $325 million - one of the largest loans availed by the company a year ago - to help finance a group of office buildings in Brooklyn. According to reports, Mueller has been looking into the financial dealings of a number of Trump family members, including Kushner. It helped finance a a group of office buildings in Brooklyn.
Mar 01 2018
Watch Ester Ledecka make history, win gold medals in two different sports
However, she admitted it had not always been easy to deal with the pressure of having so many great expectations on her shoulders. She had not worn makeup, preferring to keep her eyes shielded from the roomful of reporters and cameras.
Feb 26 2018
Major quake shakes Papua New Guinea; no tsunami threat to Hawaii
He said social media posts reported blackouts and damage to buildings at Porgera, although he was not aware of any injuries. Geological Survey says the 7.5 magnitude quake was centered about 90 kilometers south of Porgera, in Enga province.
Feb 26 2018
China Communist Party has proposed removing presidential term limits
The plenary comes only a week before annual meeting of National People's Assembly (ANP), Chinese legislature. Such a move could pave the way for current leader Xi Jinping to remain as head of state after 2023.
Feb 25 2018
We can cope without Alderweireld, says Pochettino
You have to show that you are ready to fight. "Now he realises that he is so strong mentally", he added. Now he is a complete defender'.
Feb 25 2018
At least 13 injured after 'explosion' on board ferry at Mexico resort
Some of the injuries also included minor cuts and those affected in the incident were taken to a hospital for treatment. The blast has left one side of the ferry, which belongs to the Barcos Caribe company, completely destroyed.
Feb 25 2018
We are turning TAPI into reality: PM Abbasi
Ghani described the project as a "corridor of development" and stressed on regional cooperation. The Prime Minister also congratulated the ADB for its role in making the project a reality.
Feb 24 2018
Utterly ridiculous: Jennifer Lawrence blasts media over dress controversy
She was reluctant because she had been hacked in 2014 and was devastated when nude photos of her were spread across the internet. The actress added, "Even friends, for many years, were not as important to me as my career".
Feb 24 2018
Russian Figure Skaters Take Gold, Silver Medals at Winter Olympics
Medvedeva had initially claimed it with an 81.61, but it soon belonged to Zagitova when she posted 82.92 barely 15 minutes later. Mirai Nagasu did a half-rotation Axel instead of a triple and was 10th. "She respects the other girls so much ", added Walia.
Feb 23 2018
Apple iOS update fixes 'text bomb' bug
One of the most unsafe bugs related to iOS devices and Apple PCs has been discovered recently. To update your software, head over to Settings, General, and finally tap on Software Update.
Feb 22 2018
Qualcomm Unveils Reference Design For VR Headset Powered by Snapdragon 845
The 845 platform also includes a digital signal processor for measuring, filtering, or compressing analog signals. Specifically, a Snapdragon 845 VR headset can support two 2400x2400 resolution displays at 120 frames per second.
Mar 01 2018Attorney Investigating Arizona: DeAndre Ayton 'Abided By All Applicable Rules', 'Fully Eligible'
Feb 24 2018Snapchat to scrap parts of controversial redesign following 1.5 million user petition
Feb 23 2018NRA Chief Wayne LaPierre: FBI, Elitism To Blame For School Shootings
Feb 23 2018Airbnb launches Plus, higher-end options that have been personally inspected
Feb 22 2018Conservative users say Twitter removing thousands of followers
Feb 22 2018Do not test our resolve: Netanyahu to Iran's smooth-talking foreign min
Feb 22 2018DNA diets don't work
Feb 22 2018Conservative British MPs demand 'hard Brexit' clean European Union break
Feb 22 2018All-new Volvo V60 family estate revealed
Feb 22 2018Olivia Munn Defends Kate Middleton Amid Backlash Over BAFTAs Green Dress
Mar 01 2018Iraq court sentences 16 Turkish women to death for joining IS
Feb 26 2018Rain and storms tonight; a pleasant finish to the weekend
Feb 25 2018Jimmy Butler suffers right knee injury, MRI scheduled Saturday
Feb 25 2018Trump tax cut fuels record profit for Buffett's Berkshire
Feb 25 2018Bollywood Actress Sridevi passes away after suffering cardiac arrest
Feb 24 2018Trump Defends Second Amendment At CPAC And Warns of Dems Taking Office
Feb 24 2018Walmart's online sales growth slips, rattling investors
Feb 24 2018Celtic lacked real courage, says Rodgers
Feb 22 2018Syria: Damascus Turns Into A Graveyard, 250 People Killed In 48 Hours
Feb 21 2018Russians injured in recent clash in Syria were not servicemen - Foreign Ministry
Feb 21 2018Louisville vacates 2013 national championship as part of NCAA sanctions
Feb 21 2018Trump tweets denial of woman's claim he kissed her without consent