Trump advisers richer than previous White House officials

The financial backgrounds of Trump aides are detailed in new forms that disclose the assets that 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.

Ivanka Trump's business trust is worth more than $50 million, the 54-page disclosure form filed by Jared Kushner revealed.

"One of the really interesting things that people are going to see today - and I think it's something that should be celebrated - is that the president has brought a lot of people into this administration, and this White House in particular, who have been very blessed and very successful by this country, and have given up a lot", he said.

Cohn is shown as having some $254 million in assets, earning a minimum of $48.3 million over 2016 and early 2017. According to her husband's disclosure, the hotel stake is worth between US$5 million and US$25 million.

Officials said the release will not include President Trump or Vice President Pence, and they said the forms do not reveal current holdings but offer a snapshot of officials' assets and liabilities before they joined the government.

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Given Ivanka Trump's recent decision to become an official White House employee, her financial disclosures and ethics agreements are expected to be filed later.

She listed business income of more than $800,000 from the polling and consulting firm she ran before joining Trump's campaign. His wife has given up the reins of her fashion business to work in the White House.

The White House is stacked with advisers who raked in millions of dollars past year, including President Donald Trump's daughter, Ivanka, whose assets combined with her husband's could exceed $700 million. Those, too, only have to be reported in ranges, but at least 51 hold assets worth $1 million or more. This means, among other things, that its members have an unprecedentedly vast web of private financial interests that could ostensibly be impacted by their influence on public policy. His total assets are valued between $253 million and $611 million, and his income previous year was reported to be as high as $77 million. They remain the beneficiaries to Kushner's family's real estate business, worth as much as $740 million.

Cohn, the former No. 2 executive at Goldman, earned at least $40 million in income from Goldman-related dividends, interest, salary and bonuses.

The holdings of Trump's so-called "alt-right" chief strategist, Steve Bannon, were valued between US$3.3 million and US$12.6 million, with most held in his consultancy company.

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White House press secretary Sean Spicer praised the release of the required disclosures as "more accessible, more available than in history" while defending the president's refusal to release his own tax returns.

Mr Kushner's disclosure shows he took on tens of millions of dollars of bank debt in 2015 and 2016, including liabilities with several worldwide banks whose interests could come before the Trump administration.

But in recent days, reports have surfaced that he's leaving his post.

Critics have voiced fear that interest groups or foreign governments might stay at the luxury Trump hotel in Washington to get in the administration's good graces. She does still own stock Pfizer, Kraft Heinz, Mondelez, Altria and Philip Morris.

The financial disclosures are required by law to be made public.

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