{"id":1319,"date":"2017-05-02T22:28:00","date_gmt":"2017-05-02T22:28:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2017\/05\/02\/trump-white-house-still-an-unaccountable-ethics-nightmare\/"},"modified":"2017-05-02T22:28:00","modified_gmt":"2017-05-02T22:28:00","slug":"trump-white-house-still-an-unaccountable-ethics-nightmare","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trump-white-house-still-an-unaccountable-ethics-nightmare\/","title":{"rendered":"Trump White House Still An Unaccountable Ethics Nightmare"},"content":{"rendered":"<p><meta http-equiv=\"Content-Type\" content=\"text\/html; charset=utf-8\"><\/p>\n<div dir=\"ltr\">\n<div class=\"gmail_quote\">&nbsp;<\/p>\n<div lang=\"EN-US\" link=\"blue\" vlink=\"#954F72\">\n<div class=\"m_-2492828147825889520WordSection1\">\n<ol start=\"1\" style=\"margin-top:0in\" type=\"1\">\n<li class=\"MsoNormal\" style=\"color:black;vertical-align:baseline\"><b>Jared Kushner failed to disclose his investment in a tech startup &#8212; in which he is a business <\/b><b><span style=\"color:red\">partner with Goldman Sachs<\/span><\/b><b> &#8212; and at least <\/b><b><span style=\"color:red\">$1 billion in loans<\/span><\/b><b>.<\/b><\/li>\n<\/ol>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"https:\/\/www.wsj.com\/articles\/trump-adviser-jared-kushner-didnt-disclose-startup-stake-1493717405\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">Wall Street Journal<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;Jared Kushner, the president&rsquo;s son-in-law and senior adviser, didn&rsquo;t identify on his government financial disclosure form that he is currently a part-owner of a real-estate finance startup and has a number of loans from banks on properties he co-owns, according to securities filings<\/span><span style=\"font-size:10.0pt\">.<\/span> <span style=\"font-size:10.0pt\">Mr. Kushner&rsquo;s stake in Cadre&mdash;a tech startup that pairs investors with big real-estate projects&mdash;means the senior White House official is currently a business partner of Goldman Sachs Group Inc. and billionaires including George Soros and Peter Thiel, according to people close to the company.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span calibri=\"\" style=\"font-size:11.0pt;font-family:\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-size:10.0pt;color:#1f497d\"><a href=\"https:\/\/www.wsj.com\/articles\/trump-adviser-jared-kushner-didnt-disclose-startup-stake-1493717405\" target=\"_blank\" rel=\"noopener noreferrer\">Wall Street Journal<\/a>:<\/span><span style=\"font-size:10.0pt\"> &ldquo;The Cadre stake is one of many interests&mdash;and ties to large financial institutions&mdash;that Mr. Kushner didn&rsquo;t identify on his disclosure form, according to a Wall Street Journal review of securities and other filings. Others include loans totaling at least $1 billion, from more than 20 lenders, to properties and companies part-owned by Mr. Kushner, the Journal found. He has also provided personal guarantees on more than $300 million of the debt, according to the analysis.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"m_-2492828147825889520MsoListParagraph\" style=\"vertical-align:baseline\"><b><span style=\"color:black\"><span>2.<span new=\"\" roman=\"\" style=\"font:7.0pt \" times=\"\">&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><\/b><b><span style=\"color:black\">Carl Icahn &#8212; who ethics experts are now calling on to be classified as a &ldquo;special government employee&rdquo; &#8212; used his influence to push a regulatory change that boosted his shares in an ethanol refinery by more than <\/span><span style=\"color:red\">$500 million<\/span><span style=\"color:black\">.<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span calibri=\"\" style=\"font-size:11.0pt;font-family:\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"http:\/\/www.cnn.com\/2017\/05\/01\/opinions\/trump-adviser-carl-icahn-eisen-wertheimer\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">Norm Eisen and Fred Wertheimer<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;Icahn&#39;s actual behavior in his role as special adviser suggests he may very well be a Special Government Employee, or &lsquo;SGE.&rsquo; If so, he should follow conflicts and disclosure laws governing the behavior of such employees.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span calibri=\"\" style=\"font-size:11.0pt;font-family:\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-16\/trump-adviser-carl-icahn-lobbies-for-rule-change-that-benefits-icahn\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">Bloomberg<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;When news of the deal [to implement Icahn&rsquo;s desired change to renewable energy rules] broke, corn and gasoline prices went haywire, while shares of CVR Energy Inc., Icahn&rsquo;s refinery company, surged&hellip;since Trump&rsquo;s election, CVR has climbed more than 58 percent, boosting the value of Icahn&rsquo;s majority stake by more than $500 million.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-16\/trump-adviser-carl-icahn-lobbies-for-rule-change-that-benefits-icahn\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">Carl Icahn<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;And yeah, it helps me. I&rsquo;m not apologizing for that.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"m_-2492828147825889520MsoListParagraph\" style=\"vertical-align:baseline\"><b><span style=\"color:black\"><span>3.<span new=\"\" roman=\"\" style=\"font:7.0pt \" times=\"\">&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><\/b><b><span style=\"color:black\">The Office of Government Ethics has demanded access to <\/span><span style=\"color:red\">secret ethics waivers <\/span><span style=\"color:black\">the Trump White House issued<\/span> some <span style=\"color:black\">officials exempting them from ethics rules<\/span><span style=\"color:#1f497d\">.<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"http:\/\/abcnews.go.com\/Politics\/office-government-ethics-ethics-waivers-trump-appointees\/story?id=47102475\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">ABC News<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;The Office of Government Ethics has sent a letter to the White House and all executive branch <\/span><span style=\"font-size:10.0pt\">agency heads asking for copies of any waivers that the Trump administration may have granted to appointees exempting them from ethics rules. &hellip; The New York Times reported in mid-April that in at least two instances, the Trump administration &lsquo;secretly issu<span style=\"color:black\">ed&rsquo; waivers exempting officials from ethics rules.&rdquo;<\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"m_-2492828147825889520MsoListParagraph\" style=\"vertical-align:baseline\"><b><span>4.<span new=\"\" roman=\"\" style=\"font:7.0pt \" times=\"\">&nbsp;&nbsp;&nbsp; <\/span><\/span><\/b><b>Office of Government Ethics noted they pushed Trump administration to put Ivanka Trump in an official position, but the White House <i>still<\/i> has not produced Ivanka&rsquo;s ethics disclosure documents<\/b><\/p>\n<p class=\"MsoNormal\"><span style=\"font-family:\" tahoma=\"\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-size:10.0pt;color:#1f497d\"><a href=\"http:\/\/abcnews.go.com\/Politics\/ethics-office-raised-questions-ivanka-trump-joined-white\/story?id=47132258\" target=\"_blank\" rel=\"noopener noreferrer\">ABC News<\/a>: <\/span><span style=\"font-size:10.0pt\">&ldquo;The Office of Government Ethics encouraged the White House to hire Ivanka Trump as a government employee amid concerns that as an informal adviser she would not be bound by the standards that accompany an official position, according to a new documents provided to ABC News.&rdquo;<\/span><\/p>\n<p class=\"MsoNormal\"><span calibri=\"\" style=\"font-size:11.0pt;font-family:\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left:.5in\"><span style=\"font-family:\" tahoma=\"\"><a href=\"http:\/\/abcnews.go.com\/Politics\/ethics-office-raised-questions-ivanka-trump-joined-white\/story?id=47132258\" target=\"_blank\" rel=\"noopener noreferrer\"><span arial=\"\" style=\"font-size:10.0pt;font-family:\">ABC News<\/span><\/a><\/span><span style=\"font-size:10.0pt;color:black\">: &ldquo;ABC News&rsquo; Requests For Ivanka Trump&#39;s Disclosure Documents, Which Would Have Originally Become Due April 30, Have Not Yet Been Fulfilled.&rdquo; <\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Jared Kushner failed to disclose his investment in a tech startup &#8212; in which he is a business partner with Goldman Sachs &#8212; and at least $1 billion in loans. &nbsp; Wall Street Journal: &ldquo;Jared Kushner, the president&rsquo;s son-in-law and senior adviser, didn&rsquo;t identify on his government financial disclosure form that he is currently <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1319","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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