President Donald Trump's daughter and son-in-law, Ivanka Trump and Jared Kushner, still make money from the investment deals made by companies they once ran because they were able to remain investors.
According to an Along The Boards report, ethics filings revealed the extraordinary amount of outside income they earned during their tenures working for Donald Trump's administration at the White House. In 2017, they made at least $82 million from their holdings. Overall, the companies sold at least $147 million of real estate along with other assets in New Jersey, Manhattan, and Brooklyn. Additionally, groups they're connected with purchased stakes in mutual funds and one hedge fund.
The New York Times reported that ethics experts believe that continued profiting in these manners by Trump and Kushner could raise serious concerns about conflicts of interest.
Virginia Canter, the executive branch ethics counsel at Citizens for Responsibility and Ethics in Washington, said, "We don't have insight into who is buying and selling stuff, so we don't know if it's market value. Who is financing these transactions? Is it some unknown L.L.C.? How do we know it isn't a sovereign wealth fund from Saudi Arabia or some other place?"