Senators Elizabeth Warren (D-Mass.), Tom Carper (D-Del.), Gary Peters (D-Mich.), and Representative Elijah Cummings (D-Md.), the Ranking Member of the House Committee on Oversight and Government Reform, recently sent letters to Citigroup and Apollo Global Management seeking information on reports that the companies provided more than $500 million in loans to Kushner Companies, the family business of Senior Advisor to the President Jared Kushner, after meeting with him in the White House.
In January 2017, Kushner announced that he was stepping down as CEO of Kushner Companies to work as a Senior Advisor to President Trump. However, Kushner, they allege, appears to have maintained financial holdings with his former company over the course of his first year serving in the White House. Kushner’s interactions with Apollo and Citigroup, they claim, have raised new questions about his conflicts of interest.
