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Ivanka Trump's 2017 Earnings Are Staggering, Fueling Accusations

Every May, federal employees are required to disclose their sources of income and financial details. While employees don't have to get very specific, they are expected to give a good overview of how much they are earning.

According to these reports, Ivanka Trump and her husband, Jared Kushner, are doing very well, despite not taking salaries for their roles in President Donald Trump's administration.

The disclosures show that, together, Jared and Ivanka made more than $80 million in 2017. That is one hefty chunk of change, and the family continues to be under scrutiny for their wealth. Several lawsuits are pending against the Trump family, who some claim are financially benefitting from their position in politics.

Ivanka earned nearly $10 million from her eponymous brand, as well as another $5 million in related business. Ivanka has put the company in a blind trust and stepped down from running it when she moved to Washington, D.C. with her family to work in her father's administration, but she's still making money from it. She's been slammed for wearing her own fashions, making herself a walking advertisement.

In addition, she got nearly $4 million from her stake in her father's D.C. hotel, Trump International. Ivanka also earned a $2 million severance package from the Trump Payroll Corp.

Ivanka published the book 'Women Who Work' in 2017, and received an advance of nearly $300,000. That advance was donated directly to charity, however there is no report on any royalty earnings yet.

Kushner, whose family is in real estate, made millions in his holdings and investments last year. He is also not taking a salary working for the president, but his investment portfolio is doing quite well.

According to President Trump's disclosure form, he earned hundreds of millions last year from his businesses. He had not fully divested from his vast business empire. He has put it in the hands of his sons, Donald Jr. and Eric Trump, who are currently running things. President Trump is not supposed to get involved in the business decisions while in office, but he's still profiting from them.

The emoluments clause of the Constitution prohibits a person in office to receive gifts, money or other financial gains. The clause was added to avoid anyone in power being put in a position in which he could owe any favors, be influenced or bribed. It was never meant to ban a person from office if they happen to own a business or have any investments, but the extent of Trump’s empire has created a lot of gray legal areas. For example, if foreign dignitaries spend money at Trump’s international hotel, does this violate the laws?

Several lawsuits have been filed against Trump to have courts look into the situation. One was dismissed back in December. There are two more suits pending that Trump’s legal team is trying to have dismissed.

Kushner has also come under fire, with officials expressing concern that his foreign governments could influence the White House aide through business interests. Kushner has been tasked with such jobs as working on US-Mexico relations and working on peace treaties in the Middle East, which has only added to these concerns.

Source: The Hill
Photos: usbotschaftberlin/Flcikr, mil8/Flickr, US Department Of State

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