Kushner Business Reportedly Got Big Loans After White House Meetings

Kushner's Israeli business ties examined amid loss of security clearance

The real estate company owned by the family of White House senior adviser Jared Kushner, who also happens to be President Donald Trump's son-in-law, received more than $500 million in loans past year after executives from the lending companies met with Kushner at 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.

The family real estate business of Jared Kushner reportedly received millions of dollars in loans from two companies whose leaders met with him in the White House past year. The outlet said Citigroup gave out an even larger loan last spring - $325 million.

Officials from the United Arab Emirates, China, Israel and Mexico have privately discussed how to use Kushner's lack of foreign policy experience and business interests to their advantage, The Washington Post reported Tuesday. A week ago, the New York State Department of Financial Services (DFS) requested information from the Deutsche Bank, Signature Bank and New York Community Bank on their relationships with Kushner and his family's real estate company, Reuters reported.

In light of the new allegations, Kushner now appears to be embroiled in one controversy after another.

An Apollo spokesperson, Charles V. Zehren, said Harris was not involved in the decision to loan money to Kushner Cos.

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.

In a statement, Signature Bank spokeswoman Susan Lewis confirmed that the Kushner family and Kushner Cos. has been a customer with the bank since 2010.

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Jared Kushner's family real estate business secured two bog loans after a White House meeting with bank executives.

President Donald Trump's son-in-law and top adviser Jared Kushner had his security clearance downgraded on Friday due to alleged efforts by foreign countries to influence him, according to a report in the Washington Post.

The president's son-in-law was downgraded to accessing only "Secret" rather than "Top Secret" intelligence, which can include details of covert CIA operations and matters shared by foreign intelligence agencies.

Investigators working for Robert Mueller, the special counsel looking into Russian interference in the 2016 election, have asked questions about Kushner's interactions with potential investors from overseas, according to a person familiar with the matter. His real estate holdings and other investments are worth as much as $761 million, according to government ethics filings. Kushner also still holds a stake in the entity that owns the Brooklyn buildings and received the loan from Citigroup.

It also stated that information regarding the family members was also requested.

Citigroup gave Kushner Companies a sum of $325 million - one of the largest loans availed by the company past year - to help finance a group of office buildings in Brooklyn.

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