May 2, 2017

Kushner's undisclosed ties to Soros, Goldman

Alex Brandon / AP

Jared Kushner failed to specify his part-ownership of Cadre, a real estate startup also backed by Goldman Sachs, George Soros, Peter Thiel, and Vinod Khosla, as well as loans adding up to at least $1 billion from multiple big banks, per the WSJ's review of government financial disclosure forms.

Why it matters: President Trump's business entanglements have made major news, but this new information indicates that Kushner's potential conflicts of interest could be just as vast.

One visible example: Kushner has been tapped to head the American Technology Council, whose participants may very well include Thiel or Khosla-backed companies.

What's next: Kushner didn't violate disclosure rules by not reporting the loans, but ethics experts did tell the WSJ that they ideally should be made transparent for the public good. And Kushner's lawyer said that his stake in Cadre will be included on a revised disclosure form, but he has "resigned from Cadre's board, assigned his voting rights, and reduced his ownership share."

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U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

Virginia Gov. Ralph Northam announced plans Tuesday to make wearing face coverings mandatory statewide for most people over the age of 10 when inside public places like retailers, on public transportation and government buildings. He announced the measure, effective Friday, as coronavirus case numbers increased to 39,342.

By the numbers: More than 98,900 people have died from COVID-19 and over 1.6 million have tested positive in the U.S. Over 384,900 Americans have recovered and more than 14.9 million tests have been conducted.

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

Japan is preparing a second coronavirus stimulus package worth $1.1 trillion, or about 40% of the country's gross domestic product, Reuters first reported Tuesday night.

Zoom in: The new measure will be funded by government bonds and will include "a raft of loan guarantees and private sector contributions," per Bloomberg.

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 1:00 a.m. ET: 5,591,067 — Total deaths: 350,458 — Total recoveries — 2,287,152Map.
  2. U.S.: Total confirmed cases as of 1:00 a.m. ET: 1,681,212 — Total deaths: 98,916 — Total recoveries: 384,902 — Total tested: 14,907,041Map.
  3. Federal response: DOJ investigates meatpacking industry over soaring beef pricesMike Pence's press secretary returns to work.
  4. Congress: House Republicans to sue Nancy Pelosi in effort to block proxy voting.
  5. Business: How the new workplace could leave parents behind.
  6. Tech: Twitter fact-checks Trump's tweets about mail-in voting for first timeGoogle to open offices July 6 for 10% of workers.
  7. Public health: Coronavirus antibodies could give "short-term immunity," CDC says, but more data is neededCDC releases guidance on when you can be around others after contracting the virus.
  8. What should I do? When you can be around others after contracting the coronavirus — Traveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Updated 40 mins ago - Politics & Policy