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Watchdog: Kushner link possible to $700M YRC Worldwide rescue loan

Jared Kushner, Ivanka Trump
Posted at 8:40 PM, Dec 10, 2020
and last updated 2020-12-10 21:41:00-05

WASHINGTON — A congressional monitor of federal pandemic aid is raising the possibility of a link between President Donald Trump's son-in-law, Jared Kushner, and a $700 million relief loan to a struggling trucking company.

A Democratic member of the Congressional Oversight Commission raised the possible Kushner connection at a hearing on the controversial government rescue loan.

Kushner is also a Trump adviser.

Four members of the panel from both parties have challenged the Treasury Department’s decision to award the loan to Overland Park, Kansas-based trucking company YRC Worldwide.

The taxpayer-funded loan was made on the grounds that its operations are critical for maintaining national security.