Ivanka Trump and her Husband Jared Decline in Earnings

A new financial disclosure of the daughter of US President Ivanka Trump and her husband Jared Kouchner, is reveald. Advisers to the White House, has revealed a decline in earnings in 2018 compared to previous years.

The new personal financial disclosure presented last month to the State Ethics Office indicated that Ivanka and Kouchner had managed to garner at least $ 29 million in 2018.

According to the personal financial statements disclosed in 2017, the couple’s income was $ 82 million, according to the Washington Post.

Ivanka Trump’s decision to close her clothing brand because of her work in Washington has led to significant revenue losses in 2018, according to new personal financial disclosure data released on Friday.

In 2017, Ivanka reported income of over $ 5 million from the brand, but in 2018 it reported $ 1 million to $ 5 million, according to the new disclosure.

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The daughter of the US president closed her own brand of clothing and jewelry with her name after she faced violent reactions because of the president’s policies and speeches. Many local retailers decided to stop selling their products.

Kouchner announced that he had received between $ 1 million and $ 5 million from a real estate company he owned, less than what was reported the previous year.

US press reports estimate the assets of the president’s daughter and son-in-law as hundreds of millions of dollars. Ivanka and her husband retained their personal business after Donald Trump took office, appointed them to political posts and assumed new positions as White House advisers.

Many observers raised concerns about potential conflicts of interest between Ivanka and Kouchner and the potential impact of foreign entities on their political behavior.

The couple also has at least $ 22 million in bank loans to their various companies.