Jared Kushner Discloses Dozens More Assets in Revised Financial Filing

Jared Kushner, President Donald Trump’s son-in-law and adviser, released revised personal financial disclosures showing 77 previously omitted assets including real estate, an art collection and a New Jersey liquor license.

The new disclosure shows Mr. Kushner and Ms. Trump collectively hold between $206 million and $760 million in assets. Mr. Kushner’s initial disclosure put the value of their assets between $240 million and $740 million. The changes in values may reflect divestments since the last filing and the broad range of valuation for assets.

The concentration of wealth in Mr. Trump’s White House and cabinet has meant that his appointees have faced a more complex and costly divestment and disclosure process than in previous administrations. Appointees are required to disclose their financial holdings and divest themselves of any assets that could present a potential conflict of interest with their new posts.

Don Fox, who served as the ethics office’s general counsel from 2008 to 2013 and as acting director from 2011 until 2013, said the number of omissions on Mr. Kushner’s initial form was unusually high. “That strikes me as a lot,” he said. But Mr. Fox, who was tapped to serve as general counsel by a Bush appointee, said it isn’t “terribly unusual” for wealthy individuals, particularly those who lack previous government experience, to need to revise their forms.

Source: Jared Kushner Discloses Dozens More Assets in Revised Financial Filing – WSJ