The ethics group Citizens for Responsibility and Ethics in Washington (a group most people just call CREW) have filed a complaint against Jared Kushner for failing to disclose his interests in a company and potentially failing to properly divest from it since becoming a top White House advisor.
The company, called Cadre, is one of Kushner's major investments, to the tune of about $800 million. His lawyer told the Wall Street Journal that failing to disclose it was an oversight and it would be included in a revised disclosure. CREW, however, isn't convinced. Their Executive Director had this to say.
"It appears to be one of his larger investments, not something he could easily overlook."
Kushner's lawyer says that he resigned from the board, handed his voters rights away and reduced his ownership, but CREW thinks Kushner may have managed to avoid paying certain taxes and been allowed to sell certain assets because of his failure to disclose Cadre. They want the matter looked into.
The complaint comes at a time when something else major is happening in the ethics office.
The name of the company struck some people as ironic. In political terms, cadre policies reward loyalists and offer employment or reward not because of merit, but because of political connection or loyalty to the leader. The idea is to bring the institution (be it an office, a unit or an entire country) under the control of the party, not the people. The cadre party advances their own interests ahead of those of the public.
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