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  • Press release
  • Patriotic Millionaires: Kushner Payouts Keep Carried Interest Open

    For Immediate Release

    March 1, 2018

    Contact: Sasha Grodsky

    sasha@pm-mig.test

    202-446-0489

    Carried Interest Quid Pro Quo Questionable at Best

    Washington, DC- Following reports that Kushner Companies received large loans from Apollo Global Management and Citigroup, and that Jared Kushner took official White House meetings with representatives from both groups, Chair of the Patriotic Millionaires and former managing director at BlackRock Inc, Morris Pearl issued the following statement:

    “We don’t want to accuse anyone of inappropriate conduct, but the timeline of Kushner’s meetings with the executives from Apollo and Citigroup is questionable at best. Looking at the large loans the Kushner Companies received and at the Trump Administration’s subsequent one-eighty on closing the carried interest loophole, there is little room for doubt that corruption and pay-to-play politics are to blame for the continued existence of this egregious loophole.”

    To schedule an interview or for further comment, please contact Sasha Grodsky at sasha@pm-mig.test.

     

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    About the Patriotic Millionaires

    Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system. You can find out more at http://pm-mig.test/about/

    The Patriotic Millionaires have appeared on hundreds of media outlets here and abroad, including The Daily Show with Jon Stewart, the PBS NewsHour, The New York Times, Washington Post, CNN, MSNBC, Fox News, and many others. You can find more coverage at http://pm-mig.test/media

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    The Patriotic Millionaires
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    Washington DC 20006 United States