Trump adviser in conflict of interest controversy


"That was not Ms Meyer's intention".

In exchange for their investment, investors receive a two-year visa that comes with a likelihood of subsequently receiving permanent status. Some critics have urged the government to abolish it entirely.

Kushner has promised to recuse himself from any administration decisions about the future of the program, a spokesman said.

The system allows for foreign investors who give enough money to a qualifying U.S. project to apply for green cards for themselves and immediate family members, which can pave the way to becoming United States citizens.

The disturbing events also shed light on Trump's own conflicts when it comes to USA visa programs like EB-5. The materials noted the family's "celebrity" status - wink wink. The visa program is so popular with China's wealthy elites that it's commonly referred to as the "golden visa". Every branch of the Communist Party, every province and city often operate as a fiefdom for those in power, allowing leaders special, lucrative access to policy, land and government contracts.

Jared Kushner, 36, senior adviser and son-in-law of US President Donald Trump, has far-reaching influence over domestic and foreign policy. They are called "fuerdai."...

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On Monday, Kushner Companies said it didn't mean for the comment to be interpreted as an incentive for investors to sign onto the project.

Now led by Kushner's relatives, the Kushner Companies had earlier been negotiating with China's Anbang Insurance Group to provide what could be hundreds of millions of dollars in equity for redevelopment of a Manhattan office building. If you want to get a message directly to the president, you're better off with his son-in-law than with Rex Tillerson.

On top of that, part of the pitch included trying to secure investments of at least $500,000 so that investors would be eligible for an EB-5 visa.

But soaring Chinese demand in recent years has made the visas increasingly hard to obtain. After Australia and Canada changed their immigration rules, the US program is one of the cheapest and least restrictive, according to experts.

Plan to create or preserve 10 permanent full-time jobs for qualified USA workers. It's a nifty "globalist" arrangement.

We can connect the dots and the Chinese can, too.

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EB-5 investment from China will account for around 15 percent of its total US$976.4 million cost.

US officials have raised concerns about the vetting of investors, too.

He remains the beneficiary of a series of trusts that own his stakes in Kushner Companies properties and other investments, worth as much as $600 million, and probably more. He stepped down from the family business in January to join the U.S. administration where he has far-reaching influence over both domestic and foreign policy.

"This quick shuffling of assets among family members could easily be undone immediately after Mr. Kushner leaves the Trump Administration, which calls into question whether these transactions actually help resolve any conflict issues", Matthew T. Sanderson, a lawyer at Caplin & Drysdale and former general counsel to Sen.

"O$3 rganizers grabbed a reporter's phone and backpack to try to force that person to leave", WaPo claimed in its report. In Beijing organizers even prevented journalists from talking to the investors as they left the event. "We might as well have them buying apartments in New Jersey as anything else, right?"

"In 2008, my brother Jared Kushner joined the family company as CEO, and recently moved to Washington to join the administration", Meyer said.

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In Beijing on Saturday, potential investors in the Kushner project were told they should act quickly because the minimum investment for the EB-5 program could go up. How many Chinese billionaires will balk at the new price if it ends up being enacted?