Arrow-right Camera
The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

SEC dropped inquiry a month after firm aided Kushner company

FILE - In this Wednesday, May 3, 2017, file photo, White House senior adviser Jared Kushner listens during a meeting with Palestinian leader Mahmoud Abbas at the White House, in Washington. The family real estate company once run by presidential adviser Jared Kushner is shifting a federal court case to a new venue so it won’t have to reveal the identities of foreign partners behind some of its real estate projects. With a deadline approaching within hours, the Kushner Cos. filed papers in federal court Friday, Feb. 9, 2018 to move the case involving Maryland apartment complexes it owns with foreign investors back to state court.  (AP Photo/Evan Vucci, File) ORG XMIT: NY116 (Evan Vucci / AP)
By Bernard Condon and Stephen Braun Associated Press

NEW YORK – The Securities and Exchange Commission late last year dropped its inquiry into a financial company that a month earlier had given White House adviser Jared Kushner’s family real estate firm a $180 million loan.

It’s impossible to say those events are connected, but their timing has once again raised potential conflict-of-interest questions about Kushner’s family business and his role as an adviser to his father-in-law, President Donald Trump.

Apollo Global Management said in its 2018 annual report that the SEC had halted its inquiry into how the firm reported its financial results.

The New York Times reported Wednesday that Apollo’s loan to the Kushner Cos. followed several meetings at the White House with Kushner.

Apollo and the SEC did not immediately respond to calls for comment.