Three Kushner Family Companies Received Millions In COVID Bailout Funds
When the U.S. Treasury Department finally released the names of companies that received loans through the Paycheck Protection Program, three companies belonging to the family of White House senior adviser Jared Kushner were on the list, Salon reported in July.
- “Between $350,000 and $1 million in pandemic relief went to Observer Holdings LLC, the parent company of Observer Media, the news company Kushner owned before leaving for the administration in 2017,” according to the report.
- The family held onto the company upon Kushner’s departure, Salon reported. His “brother-in-law Joseph Meyer currently lists it among his holdings.”
- Two of the Kushner family’s New Jersey hotels received loans as well:
Per Treasury Department data, Princeton Forrestal — owned by Kushner's mother, brother and sister — took somewhere between $1 million to $2 million in emergency relief. Esplanade Livingston, a company which owns the land for the Kushners' Westminster Hotel, drew between $350,000 and $1 million.
The Daily Beast reports that mortgage documents filed in Essex County, N.J., demonstrate that Esplanade Livingston is controlled by a company called C.K. Livingston LLC — the initials of Jared Kushner's father, Charles. Jared's 2017 disclosures list the hotel as a source of income.
Salon noted that Jared Kushner, who is married to President Trump’s eldest daughter, praised his own work amid the pandemic as a “great success story” in April.
- At the time, he said, "We're on the other side of the medical aspect of this,” despite having no relevant medical experience.
- Kushner added, "I think you'll see by June a lot of the country should be back to normal and the hope is that by July the country's really rocking again.”
- However, in early September, the United States is reporting about 40,000 new cases a day.