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White House Releases Financial Disclosures of Top Trump Aides

The financial background of President Donald Trump aides such as Jared Kushner, Steve Bannon and Gary Cohn were coming into clearer focus Friday as the White House released financial snapshots of its employees.

White House adviser Steve Bannon makes remarks during a discussion at the Conservative Political Action Conference in National Harbor, Maryland, on Feb. 23, 2017. (Credit: Mike Theiler / AFP / Getty Images)

The forms disclose the assets those aides held when they walked in the doors of the White House — before administration counsel advised them to resign from various postings, divest certain holdings or recuse themselves from future decisions.

The releases were expected to include the financial information of around 180 White House employees, but it was unclear whose forms would be available Friday.

Reporters were beginning to pore over the documents released Friday evening. ProPublica published the disclosures in their entirety.

The release so far has shown the White House is stacked with advisers who raked in millions of dollars last year, including the president’s daughter, Ivanka, whose assets combined with her husband’s could exceed $700 million.

Ivanka Trump and her husband, senior Trump adviser Jared Kushner, collected about $195 million in income, according to Kushner’s financial disclosure.

Other Trump aides with lucrative histories include Trump’s top economic adviser Gary Cohn, the former president of banking giant Goldman Sachs, who netted up to around $75 million in the previous year. White House chief strategist Steve Bannon made up to $2.5 million.

Bannon’s forms reveal numerous ties to various conservative organizations and sources funded by the family of influential Trump donors Bob and Rebekah Mercer, such as Breitbart News, which he led, along with Cambridge Analytica, a data firm used by many Republican clients. Other income sources for him are Bannon Strategic Advisors, a consultancy firm valued at as high as $25 million, along with Affinity Media Holdings, which could have awarded him capital gains of as high as $1 million last year.

Bannon is also in the process of selling some of his stake in Cambridge Analytica and Glittering Steel, another Mercer-backed entity, according to the forms.

Kushner, like Trump, a prominent real estate titan, held a position in 267 separate entities, ranging from the Trump transition team to dozens of property holdings in New York and New Jersey.

Ivanka Trump, who just this week formally said she would join the West Wing after serving as an informal adviser to her father, has yet to file her own disclosure forms. But the White House said earlier on Friday that her documents would look largely similar to her husband’s.

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