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Three lawmakers question Kushner Cos on concerns over White House tie
Source: Reuters
POLITICS | Thu Jun 1, 2017 | 8:09pm EDT
Three lawmakers question Kushner Cos on concerns over White House tie
By Julia Harte | WASHINGTON
Three Democratic lawmakers sent a letter to the president of Kushner Companies on Thursday seeking information related to concerns that the real estate firm has exploited Jared Kushner's role as a White House adviser to attract investment through a federal immigration program.
Jared Kushner, the son-in-law of President Donald Trump and one of his top advisers, early this year stepped down as chief executive officer of his family's real estate company.
Senator Patrick Leahy and Representatives John Conyers and Zoe Lofgren, in the nine-page letter dated Thursday and sent to Kushner Companies President Laurent Morali, asked for details about the company's controversial May road show in China, where the developer offered investors a chance to get U.S. visas under the EB-5 program if they put money in a project in New Jersey, One Journal Square.
The letter, which was released publicly, also asked Kushner Companies what steps it has taken to ensure its affiliates do not exploit Jared Kushner's White House role when wooing investors in the future.
The lawmakers cited a May 12 Reuters report that a Chinese immigration agency promoting the Kushner Companies project had touted Kushner's White House connections to assure potential investors that the One Journal Square project would succeed and investors would receive green cards.
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Three lawmakers question Kushner Cos on concerns over White House tie
By Julia Harte | WASHINGTON
Three Democratic lawmakers sent a letter to the president of Kushner Companies on Thursday seeking information related to concerns that the real estate firm has exploited Jared Kushner's role as a White House adviser to attract investment through a federal immigration program.
Jared Kushner, the son-in-law of President Donald Trump and one of his top advisers, early this year stepped down as chief executive officer of his family's real estate company.
Senator Patrick Leahy and Representatives John Conyers and Zoe Lofgren, in the nine-page letter dated Thursday and sent to Kushner Companies President Laurent Morali, asked for details about the company's controversial May road show in China, where the developer offered investors a chance to get U.S. visas under the EB-5 program if they put money in a project in New Jersey, One Journal Square.
The letter, which was released publicly, also asked Kushner Companies what steps it has taken to ensure its affiliates do not exploit Jared Kushner's White House role when wooing investors in the future.
The lawmakers cited a May 12 Reuters report that a Chinese immigration agency promoting the Kushner Companies project had touted Kushner's White House connections to assure potential investors that the One Journal Square project would succeed and investors would receive green cards.
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Read more: http://www.reuters.com/article/us-usa-kushner-investment-idUSKBN18T00E