Timothy L. O'Brien, Columnist

Senators, Please Ask Jared Kushner About 666 Fifth Avenue

A Chinese financier has pulled out of a bailout for Trump's son-in-law. Now let's talk about his meetings with a Russian bank.

March 29, 2017 at 4:59 PM UTC

By Timothy L. O'Brien

Timothy L. O'Brien is senior executive editor of Bloomberg Opinion. A former editor and reporter for the New York Times, he is author of “TrumpNation: The Art of Being the Donald.”

On the Avenue.
Photographer: Stephen Chernin/Getty Images

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In a happy moment in the otherwise cloudy world of the Trump family and the flood of financial conflicts they’ve carted into Washington, a major Chinese investor has decided not to pour billions of dollars into a Manhattan skyscraper owned by the Jared Kushner clan.

Had this deal gone forward -- the effect would have been to bail Kushner out of a huge, misbegotten investment while letting his family take home at least $400 million and retain a minority ownership stake in the building -- it would have compromised President Donald Trump's diplomacy with China.