Willie J. Allen Jr. / AP

Bloomberg reports that Kushner Companies, owned by the family of Trump advisor Jared Kushner, is set to receive $400 million from Chinese company Anbang Insurance Group in a deal for a Midtown Manhattan skyscraper. The terms of the sale as seen by some as a sweetheart deal for the Kushners, plus it is set to take advantage of a controversial federal program that gives residency permits to foreign investors.

The response: "Kushner Companies has taken significant steps to avoid potential conflicts and will continue to do so," a spokesperson told Bloomberg. The White House said Jared would recuse himself from any matter as needed.

But consider that Anbang's ties to the Chinese government are so murky that Barack Obama refused to stay in New York's Waldorf Astoria after the company purchased it due to espionage concerns.

Go deeper

Opposition leader Leopoldo López flees Venezuela

Venezuelan opposition politician Leopoldo López outside the Spanish embassy in Caracas, in 2019. Photo: Juan Barreto/AFP via Getty Images

Leopoldo López, a former political prisoner and prominent Venezuelan opposition leader, has left the country, his Popular Will party confirmed in a statement Saturday.

Why it matters: He's been an influential force in the push to oust President Nicolás Maduro's regime and a mentor to opposition leader Juan Guaidó. He'd been in the Spanish ambassador's Caracas residence since escaping house arrest in April 2019 following a failed military uprising.

Obama: The rest of us have to live with the consequences of what Trump's done

Photo: Joe Raedle/Getty Images

Campaigning for Joe Biden at a car rally in Miami on Saturday, Barack Obama railed against President Trump's response to the coronavirus pandemic, saying "the rest of us have to live with the consequences of what he's done."

Driving the news: With less than two weeks before the election, the Biden campaign is drawing on the former president's popularity with Democrats to drive turnout and motivate voters.