Jared Kushner is the closest thing Donald Trump has to a plenipotentiary. The president’s son-in-law oversees US-China relations, the Arab-Israeli peace process, government innovation, federal prison reform and US-Mexico ties — and that is all before breakfast. In addition, he is Trump’s all-purpose adviser and husband to his favoured daughter. Yet he is also the most dangerous man in the room. If Trump were another president, Kushner would no longer be in the White House. The price of Kushner’s presence keeps rising. On Wednesday, the New York Times reported that his business, Kushner Companies, which accounts for most of his $761m in net worth, has taken loans totalling $509m from lenders with whom Kushner has had White House meetings in the past year. Such deals scream conflict of interest. Apollo Global Management, the private equity firm, which lent $184m to refinance one of Kushner’s Chicago properties, is a clear beneficiary of the recent tax reform, which retained the "carri...

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