According to Politico, Ivanka Trump’s most recent financial disclosure shows that she and her husband, Jared Kushner, have incurred millions of dollars worth of debt in the last twelve months. Kushner has drained three separate lines of credit since he began his post in the White House.
Politico reported that the couple’s debt has gone from $19 million to $98 million, which is valued from $31 million and $155 million.
Trump and Kushner had initially reported the same amount of debt back in March, however Kushner has since modified the form in December stating that the debt had increased substantially on all three credit lines.
The lines of credit are in Kushner’s name, in which he holds the Bank of America and New York Community Bank lines with his father, and Signature Bank with his mother.
Another modification was made on Trump’s form, stating that the amount owing on a Visa account had decreased from $100,001 to $250,000 to $50,001 to $100,000.
Kushner’s family business, Kushner Companies, had fallen on hard times and have recently had some financial issues, so it is hard to say whether the raised credit lines are due to their failing business.
Neither spokesperson for Kushner, Trump, nor for Kushner Companies’ attorneys agreed to comment to Politico
When Ivanka chose to take Jared as her husband, she must not have realized that it meant taking all of his debt also.