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Kushner's 2017 Apartment Deal Shows Turn Toward Israeli Firms

  • Filing shows personal stake alongside Psagot Investment House
  • Relying less on U.S. banks, he increased credit line with IDB
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Jared Kushner’s Rise to Power Mirrors Trump's

Jared Kushner has expanded his personal ties to Israeli financial firms as he oversees policy in the Middle East for his father-in-law, President Donald Trump.

A line of credit Kushner and his father hold with Israel Discount Bank jumped to as much as $25 million during the past year, from under $5 million in late 2017, his most recent financial disclosure shows. He recently closed similar credit lines with U.S.-based firms, according to the filing.