White House Was Profit Machine For Jared Kushner, Ivanka Trump, Ethics Watchdog Shows
Donald Trump and his fans made much of his decision to donate his salary during his term as President of the United States, even as reports showed that he was costing the nation far more, and even turning a profit as he charged the taxpayers rent to house Secret Service members on his own property. Now an ethics watchdog has crunched the numbers and determined that the White House was profitable for the former president’s daughter and son-in-law too — by perhaps more than half a billion dollars.
Citizens for Responsibility and Ethics in Washington (CREW) found that Jared and Ivanka were raking in money by the hundreds of millions of dollars during Trump’s presidency. They note that the income reported covers a time period starting a few months before the couple officially joined Trump’s Administration, so it’s not possible to precisely define, but they profited to the tune of somewhere between $172 million and $640 million over their White House tenure.
This includes continued income from Ivanka Trump’s brand, after she filed papers claiming to have discontinued it, and trademark approvals in Russia and China coinciding tidily with her father’s election and dropping of certain sanctions.
The elder Trump’s profits during his presidency, often at the expense of the taxpayer, have been well-documented and a long source of contention. Washington Post reported, for instance, that Trump’s hotel was charging the U.S. Government as much as $650 per night for a room, and $17k per month for a cottage on his property, billed even when there were no Secret Service members staying in it.