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. Critics say the transaction could be a "sweetheart deal" meant to curry favor with President Trump. Investigative journalist Justin Elliott of ProPublica, who has been closing examining Kushner’s possible conflicts of interest, talks with Democracy Now!
Sign up for Our Newsletter
Get updates about the policies and topics that matter the most to you. Progressive news directly to your email.