BREAKING NEWS

Finances of wealthy White House staffer Gary Cohn disclosed

By REUTERS

APRIL 1, 2017 12:53

President Donald Trump on Friday rreleased details of the personal finances of his staffers, including his son-in-law Jared Kushner and daughter Ivanka, confirming that he has surrounded himself with some very affluent advisers.

White House ethics officials said the legally required disclosure documents provided a snapshot of assets and positions held by personnel when they first entered their new jobs at the White House, and before they started selling stocks and other assets that could pose conflicts of interest.

The White House disclosed Gary Cohn, former Goldman Sachs president and now head of the White House National Economic Council, had assets worth at least $230 million (USD), but possibly much more. Little information was given on several of his assets and only indicated they were worth more than $1 million.

Cohn had income ranging from $48 million to nearly $77 million in the year preceding his engagement in the White House, though it could be much higher.

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