Ivanka Trump and Jared Kushner commercial income revealed

8 2018 Ivanka Trump and Jared Kushner attend a Cabinet meeting at the White House in Washington DC. Mandel Ngan  AFP

Minimum Size of Jared Kushner’s Wealth Rose in First Year in White House, Disclosure Shows

WASHINGTON-Senior White House adviser Jared Kushner saw the minimum value of his assets rise in the first year of President Donald Trump's administration, newly released financial disclosures show.

Trump and Kushner aren't the only White House staffers raking in the millions, however.

Despite public scrutiny of their finances amid questions of conflicts of interest, a spokesman for the couple's lawyer said Trump and Kushner have followed the rules.

Ivanka Trump reported Dollars 3.9 million from her stake in the Trump International Hotel in Washington, as well as more than USD 2 million in severance pay from the Trump Organization, the Washington Post said, citing financial disclosure forms released today.

While both Kushner and Ivanka Trump were required to file financial forms a year ago, it is hard to compare their past to present wealth because there are several months of overlap in the reporting period and the Office of Government Ethics uses broad ranges to calculate assets and liabilities.

The bulk of Ivanka Trump's assets - more than $50 million worth - was contained in a trust that holds her business and corporations.

As for her husband, Kushner has earned over $5 million in income from an apartment complex he acquired a year ago.

According to the disclosures, National security adviser John Bolton pulled in $2.2 million a year ago from organizations including Fox News, the conservative think tank American Enterprise Institute, and the Gatestone Institute, an anti-Muslim think tank of which he previously served as chairman.

Ivanka Trump and Kushner resigned positions with their companies to take on prominent, yet unpaid, roles in her father's administrations, but the disclosure shows how they continue to financially benefit from an array of outside ventures. Such moves do not mean that Kushner has yet accumulated that debt, but that he has the ability to do so.

The new filings also reflect a change in the structure of Ivanka Trump's payments. The family business has made a splash with high-profile deals for buildings in New York City in the past decade, but lately has been returning to its roots by buying garden apartments in the suburbs.

A rep for the couple said they complied with all the ethics rules and their net worth has largely remained unchanged while working in the White House.

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