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Jared Kushner’s Family to Get $400 Million Payout from Chinese Firm

HeadlineMar 14, 2017

A company owned by President Trump’s senior adviser and son-in-law Jared Kushner will receive more than $400 million from a Chinese firm in a real estate deal that many experts are calling unusually favorable. The payout from the Anbang Insurance Group is part of a $4 billion deal at Kushner’s Manhattan office tower at 666 Fifth Avenue. Bloomberg reports Anbang has links to the Chinese power structure and that past investments by the company in New York real estate have drawn federal review. Lawrence Noble of the Campaign Legal Center said of the deal, “At the very least, this raises serious questions about the appearance of a conflict that arises from the possibility that the Kushners are getting a sweetheart deal. A classic way you influence people is by financially helping their family.”

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