Donald Trump’s son-in-law and Ivanka Trump’s husband, Jared Kushner, is currently committed to a real estate project with a Chinese government associated company while also advising the soon-to-be President of the United States.
The company in question is Anbang Insurance Group (AIG), according to the New York Times. AIG plans on rebuilding a skyscraper at 666 Fifth Avenue in Manhattan, which is currently owned by the Kushner family’s real estate company.
To deflect accusations regarding conflicts of interest, Kushner’s spokeswoman, Risa Heller, told the Times that planning and discussion for the project were “well before the president-elect’s victory.”
In November at a Waldorf Astoria hotel, Kushner reportedly met with Anbang’s chairman, Wu Xiaohui. The chairman told Kushner he wanted to meet the president-elect and thought Trump’s presidency would benefit global business.
However, Kushner will reportedly back out of the project with Xiaohui and will sell his stake in the 666 Fifth Avenue property to avoid speculation of foreign interest business deals. By doing this, Kushner will also be able to remain a White House confidante to Trump once he usurps to the presidency on Jan 20.