New York bank regulator probes multimillion-dollar Kushner family loans
Jared Kushner’s financial and business ties have been of consistent interest as he is taken on a broad portfolio in the White House because of potential conflicts
New York’s state banking regulator asked Deutsche Bank AG and two other lenders for information on their relationships with US President Donald Trump’s son-in-law and White House senior adviser Jared Kushner and his family’s real estate company, a person familiar with the matter said.
The New York State Department of Financial Services (DFS) made the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans and other financial arrangements including lines of credit and loan guarantees a week ago, the person said.
The regulator also asked for information related to other family members, the person said.
Christine Taylor, a spokeswoman for Kushner Cos, said the company had not received a copy of any letter from the regulator. She described Kushner Cos as a “multibillion enterprise that is extremely financially strong.
“Before our CEO voluntarily resigning to serve our country, we never had any type of inquiries,” Taylor said in an email.
“These types of inquiries appear to be harassment solely for political reasons.”
