Jan 9, 2017

Ivanka Trump gives up role in family business to move to DC

Michael Vadon

In an effort to comply with ethics laws, Ivanka Trump and her husband Jared Kushner will step down from their executive roles at Trump Organization and Kushner Companies, respectively. Kushner earlier today accepted a White House adviser role, as first reported by Axios.

Trump leaves behind her roles and stock in the Trump Organization, as well as her fashion brand. Kushner will sell property and stock in Thrive Capital and leave his job at the Kushner organization, in addition to divesting his stake in the New York Observer.

What we're watching: The President-elect has not announced any changes in his plans to divest his financial holdings in his organization. He holds his next presser Wednesday.

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