The level of profiteering and unfettered hypocrisy going on in the Trump administration is reaching dumbfounding levels. While President Donald Trump is spending yet another weekend at one of his golf clubs, in China, the family of White House senior adviser and Trump son-in-law Jared Kushner is telling wealthy Chinese elite to come to the U.S. and park their money in the Kushner family’s real estate business.
Jared Kushner’s sister Nicole, The Washington Post reports, told Chinese investors gathered at Beijing’s Ritz-Carlton to seek a “golden visa” before rules possibly change in accordance with Trump’s immigration crackdown. The golden visa refers to the EB-5 immigrant investor visa program designed to create jobs in the U.S. As the Post notes, both the Trump and Kushner family businesses have used the program.
According to the newspaper:
Saturday’s event in Beijing was hosted by the Chinese company Qiaowai, which connects U.S. companies with Chinese investors. The tagline on a brochure for the event: “Invest $500,000 and immigrate to the United States.”
Qiaowai is working with Kushner to secure funding for Kushner 1, a real estate project in New Jersey. Promotional materials tout the buildings’ proximity to Manhattan and note that the project will create more than 6,000 jobs.
Promotional materials also noted the Kushner family’s “celebrity” status. According to Forbes, the Kushner family’s net worth is just shy of $2 billion, of which half of that is tied to real estate.
Reporters attempting to cover the event were first shuffled to the back of the room, and then asked to leave.