Former Trump and Obama administration ethics chief Walter Shaub responded on Twitter to the report by calling again for the release of Kushner’s mysterious federal ethics agreement — if it in fact exists. Donald Trump overruled U.S. intelligence and White House officials’ recommendations against granting Kushner top security clearance because of concerns about his foreign business entanglements. The money for the company, Cadre, has been deposited since 2017 via a Goldman Sachs financial vehicle in the Cayman Islands, a tax haven that guards corporate secrets, The Guardian reports. The Guardian report exposes exactly the kind of relationship and conflict-of-interest risk that ethics experts have warned against after Trump administration officials refused to divest from companies. The value of the fund has increased fivefold since 2017 when Kushner joined the Trump administration, according to the newspaper.

Source: Huffington Post June 11, 2019 11:48 UTC