Ivanka Trump and her husband Jared Kushner are now senior advisors to President Donald Trump. The President’s daughter handles issues related to women while his son-in-law handles strategic planning.
While both Ivanka and Jared are very competent in their respective areas of expertise, a recent report suggests that Kushner has a weakness in one particular area. This became evident during the course of Trump’s bid for the presidency in 2016.
Ivanka Trump was very visible in her father’s campaigns in the absence of Melania Trump. Jared Kushner, on the other hand, was the architect of Trump’s online and social media campaign, according to Express.
However, back in 2016, Jared was the architect of Donald Trump’s digital, online and social media campaigns. To achieve his goals, he hired talent from Silicon Valley for “Project Alamo,” a 100-strong social media team under his leadership.
Jared was also responsible for hiring Steve Bannon’s firm Cambridge Analytica to support the Trump campaign.
While the campaign chief was officially the person responsible for the campaign’s finances, insiders knew that it was Kushner who handled its budget. “On June 20, [Paul] Manafort was now nominally the campaign chief, but everyone knew Kushner was the one with the budgetary power,” Author Vicky Ward wrote on her book “Kushner Inc.”
“He has asked for, and received, his own pot of money – and the candidate’s trust,” Ward added. “Everyone knew Kushner was in charge.”
But the author claimed that Kushner might not be the best person for the role due to one reason. Apparently, he “did not understand cash flow statements,” Express reported. In fact, this weakness might have caused financial difficulties for the campaign if not for the timely arrival of Mr. Bannon, according to the author.
This happened in August 2016 when Donald Trump decided to replace then-campaign chief Manafort with Bannon, who took a look at the campaign’s finances. And that was when he spotted discrepancies.
Bannon was told by Kushner that the campaign still had about $25 million in funding on hand. Bannon, however, did not agree with Kushner.
Based on his investigation, the campaign was actually in the red at that point. The reason is that some expenses and unpaid invoices were not properly documented.
“You understand you’re broke right?” Bannon told Kushner. “You guys have no earthly idea where we are financially.”
“It was at that moment that Bannon discovered what Kushner’s colleagues at Kushner Companies already knew: that understanding cash flow statements was not Kushner’s strength,” Ward wrote in her book. “He was not an ‘in the weeds’ person.”


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