Pablo Martinez Monsivais / AP

New York federal prosecutors have subpoenaed Kushner Cos., the New York property development business owned by Jared Kushner's family, per the Wall Street Journal reports.

This is over a New Jersey development financed in part by a visa program. The company had solicited Chinese investment, saying up to 300 individuals who invested half a million dollars each into the project would be eligible for green cards through the EB-5 visa program.

Kushner Cos. general counsel, Emily Wolf, said the company "did nothing improper" and is cooperating with legal requests for information.

Jared Kushner resigned from his role in the business before joining his father-in-law's administration, but he reported receiving between $1-5 million in capital gains from the development in question. His White House role was mentioned in advertising pitches, but the family denies that it was using his position to draw investment.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

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Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

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