Of­fi­cials re­lease fi­nan­cial doc­u­men­ta­tion

Se­nior ad­vis­ers have amassed mil­lions

The Washington Times Daily - - POLITICS - BY DAVE BOYER

Fi­nan­cial dis­clo­sure forms re­leased by the Trump ad­min­is­tra­tion show, as ex­pected, that many of Pres­i­dent Trump’s se­nior ad­vis­ers amassed mil­lions in suc­cess­ful ca­reers be­fore join­ing the White House.

Mr. Trump’s son-in-law and ad­viser, Jared Kush­ner, and daugh­ter Ivanka have as­sets val­ued at more than $200 mil­lion. Mr. Kush­ner, who ran his fam­ily’s real-es­tate com­pany, di­vested from dozens of hold­ings to avoid po­ten­tial con­flicts of in­ter­est when he joined the ad­min­is­tra­tion and re­signed from more than 260 po­si­tions on var­i­ous boards and other posts.

Ivanka Trump re­ported a stake in the Trump In­ter­na­tional Ho­tel in Washington, a share val­ued be­tween $5 mil­lion and $25 mil­lion. The doc­u­ments showed that she earned be­tween $1 mil­lion and $5 mil­lion from her share of the ho­tel in 2016 and part of 2017. She an­nounced last week she is tak­ing an un­paid po­si­tion as an ad­viser to her father.

Gary Cohn, di­rec­tor of the Na­tional Eco­nomic Coun­cil and a for­mer top ex­ec­u­tive at Gold­man Sachs, held as­sets val­ued at $252 mil­lion to $611 mil­lion when he joined the White House. He is one of the wealth­i­est White House em­ploy­ees.

Chief pres­i­den­tial strate­gist Stephen Ban­non held as­sets of be­tween $10.7 mil­lion and $48.6 mil­lion when he joined the ad­min­is­tra­tion, and earned at least $1.4 mil­lion in 2016.

Mr. Ban­non, for­mer head of Bre­it­bart, also re­ceived in­come from Cam­bridge An­a­lyt­ica, a data com­pany tied to con­ser­va­tive po­lit­i­cal donors Robert and Re­bekah Mercer.

Mr. Ban­non has “an agree­ment in prin­ci­ple” to sell his stake in Cam­bridge, ac­cord­ing to his dis­clo­sure form.

Reed Cordish, an­other top White House aide, had as­sets worth at least $197 mil­lion.

White House Coun­sel Don McGahn II had in­come of $2.4 mil­lion last year as a part­ner at the Jones Day law firm.

The White House said the wealth of some of Mr. Trump’s aides demon­strates their per­sonal sac­ri­fice in com­ing to work for the ad­min­is­tra­tion.

“The pres­i­dent has brought a lot of peo­ple into this ad­min­is­tra­tion, into this White House, in par­tic­u­lar, who have been very blessed and very suc­cess­ful by this coun­try and have given up a lot to come into the gov­ern­ment by set­ting aside a lot of as­sets,” said White House Press Sec­re­tary Sean Spicer.

Said an­other White House of­fi­cial, “These are in­cred­i­bly suc­cess­ful peo­ple with very high net worths.”

The fi­nan­cial dis­clo­sures are be­ing re­leased for about 180 top White House staffers who earn more than $161,000 per year.


Ivanka Trump and her hus­band Jared Kush­ner, se­nior ad­viser to the pres­i­dent, have as­sets val­ued at more than $200 mil­lion ac­cord­ing to re­cently re­leased fi­nan­cial dis­clo­sure forms. Mr. Kush­ner re­port­edly re­signed from 260 po­si­tions on var­i­ous boards and other posts to avoid con­flicts of in­ter­est.

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