Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Photo: Drew Angerer / Getty Images
The New York Times reports that Jared Kushner's family's business, Kushner Companies, received substantial loans from companies after Kushner attended White House meetings with their executives.
Why it matters: "There is little precedent for a top White House official meeting with executives of companies as they contemplate sizable loans to his business, say government ethics experts," per the Times. Kushner stepped down as CEO from the company when he joined the White House, but has "retained a vast majority of his interest."
- The loans received include one for $184 million from Apollo Global Management, which was in talks with officials over infrastructure policy, and another for $325 million, from Citigroup, following a White House meeting with Kushner and the CEO last year.
- A spokesman for Kushner's lawyer Abbe Lowell, Peter Mirijanian, told the Times that Kushner "has taken no part of any business, loans or projects with or for" his family company since he became a White House official.
- Former director of the Office of Government Ethics, Don Fox, told the NYT: "Why does Jared have to take the meeting? Is there not somebody else who doesn't have these financial entanglements who can brainstorm freely with these folks?"
Go deeper: Trump family vs. John Kelly