Kushner has added millions in debt since joining White House
An update to Ivanka Trump’s financial disclosure report reveals that she and her husband, Jared Kushner, have taken on millions of dollars in additional debt over the past year, Politico reported Tuesday.
Trump’s updated disclosure form shows that Kushner appears to have tapped three different lines of credit since he began working at the White House.
The changes up the couple’s debts from a range of $19 million to $98 million to being valued at between $31 million and $155 million, according to Politico.
Trump had initially reported the debts to be at the same levels Kushner had reported in March, but revised the form in December to show higher levels on the three credit lines.
The three lines of credit added to the form are held by Kushner. He holds the Bank of America and New York Community Bank lines with his father, and one from Signature Bank with his mother.
Another revision on Trump’s form did drop the amount owed for a Visa account from a range of $100,001 to $250,000 to one of $50,001 to $100,000.
It’s unclear if the raised credit lines are linked to recent financial issues at Kushner’s family business, Kushner Companies.
A spokesperson for Kushner and Trump’s attorneys declined to comment to Politico, as did a spokeswoman for Kushner Companies.
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