The Trump administration funneled millions of dollars in coronavirus aid to companies with potential conflicts of interests, including some owned by Jared Kushner's family and others housed in buildings operated by the president's real estate company, according to records made public Monday.


Kushner no longer owns [Observer Holdings, LLC], but his sister's husband, Joseph Meyer, counts it as part of his investment firm, Observer Capital, according to public records.

Princeton Forrestal LLC and Esplanade Livingston LLC, a couple of holding companies owned partially by Jared Kushner's father, mother, brother and sister, pocketed between $1.35 million and $3 million in PPP funds collectively, the records showed. The exact amount the Kushner-tied LLCs received isn't available as the Small Business Administration records only provide ranges for amounts larger than $1 million.


At least two companies renting space at the Trump International Hotel on Central Park West and the Trump Hotel in Washington, D.C., got between $2.1 million and $5.3 million collectively, the records show.

Jordan Libowitz, the communications director of Citizens for Responsibility and Ethics in Washington, said the PPP payments present a potential conflict of interests, since some of that aid could've ended up being paid as rent into the coffers of the Trump Organization, which the president still owns and profits from.

"It's part of this ongoing issue of potential conflicts of interest from the president continuing to hold a stake in his company," Libowitz told the Daily News.

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