Kushner, who is the husband of Ivanka Trump, helped to lead Trump's campaign and has played a central role in overseeing the presidential transition. The position, unlike Cabinet posts, does not require U.S. Senate confirmation, and Kushner will not be paid.
Now leaving a multi-billion dollars transactions firm for the White House, "Kushner is committed to complying with federal ethics laws", Kushner's WilmerHale lawyer said in a statement. Ivanka writes that she will be taking a formal leave of absence from the Trump Organization and her brand and will not be involved in management or operations of either company. In the announcement of Kushner's appointment, Trump's team said, "Kushner has chosen to forego his salary while serving in the administration".
Kushner, the son of real estate developer and convicted felon Charles Kushner, bought the Observer for nearly $10 million when he was 25 and used the paper to gain influence in Manhattan's elite social circles. In that capacity, Klem, a lawyer-turned-fashion-executive, will work with a board of trustees to manage the strategic and day-to-day operations of the business. But in the aftermath of the election, Trump has faced pressure to resolve potential conflicts of interest posed by his business dealings.
"I'm not saying that there isn't an argument on the other side, and I respect the people who have made the argument on the other side".
Richard Briffault, a government ethics expert at Columbia Law School, disagreed, saying: "Given the fact that the president is specifically mentioned, you would think that someone that is working for the president would be covered" by the anti-nepotism law. By giving his sons and an employee control over the trust instead, Trump virtually guarantees that the buffer between himself and his business interests will be porous. Earlier Efe news reported that Trump released a statement on Monday that said Kushner would be an "invaluable member of my team as I set and execute an ambitious agenda".
The OGE also said every modern president has liquidated their assets, established a qualified blind trust, or both.
No new deals will be made with foreign partners, Dillon said, and agreements in the process of being concluded will be cancelled, affecting about 30 deals.
As a result of lingering ethics questions, Trump's long-awaited press conference will not put to rest concerns over his potential conflicts of interest.