Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Business

Ivanka Trump Rents House from Foreign Billionaire Suing U.S.

Ivanka Trump and Kushner, the president's senior advisor, moved into the property around the time of President Trump's inauguration in January

Donald Trump arrives to the White house for a meeting with women entrepreneurs and Canadian Prime Minister Justin Trudeau,Ivanka Trump, photo: AP/Evan Vucci
9 months ago

WASHINGTON – President Donald Trump’s daughter and son-in-law are renting a house from a foreign billionaire who is fighting the U.S. government over a proposed mine in Minnesota.

The Wall Street Journal reports that Ivanka Trump and Jared Kushner are renting a $5.5 million house in Washington’s Kalorama neighborhood from Andrónico Luksic. One of the Chilean billionaire’s companies is suing the federal government over lost mineral right leases for a proposed copper-nickel mine in northeastern Minnesota.

Luksic’s company, Twin Metals Minnesota, filed suit in September to force renewal of its leases. The lawsuit remains pending. Luksic bought the Kalorama property after the November presidential election.

Former President Barack Obama’s administration announced in December it would not renew mineral rights critical to the proposed $2.8 billion Twin Metals project near Ely, near the Boundary Waters Canoe Area Wilderness, about 250 miles north of Minneapolis.

Ivanka Trump and Kushner, the president’s senior advisor, moved into the property around the time of President Trump’s inauguration in January.

Luksic still lacked the business license necessary under Washington law to collect rent on the property as of earlier this week. A law firm representing Luksic said the necessary forms will be submitted shortly.

The White House said the couple is paying fair market value for the home and hasn’t met Luksic nor discussed the mine with him.

Rodrigo Terré, a relative of Luksic, said there is no connection between the house rental and fight over mineral rights.

Rob Walker, an ethics lawyer at the law firm Wiley Rein, said the arrangement may pose an appearance problem, because “deservedly or not, critics may still question the propriety of entering into any significant transaction with an individual with these apparent interests before the administration.”

President Trump could reverse the Obama administration decision to protect this part of the National Wilderness Preservation System from mining. His interior secretary, Ryan Zinke, has advocated for increased mining on federal lands.

Comments Whatsapp Twitter Facebook Share
More From The News
Latest News

Trump campaign created own rules on sexu ...

3 days ago
Latest News

Lebanon's PM Hariri says he will be in B ...

3 days ago
Latest News

Zimbabweans say Mugabe must quit now, bu ...

3 days ago
Entertainment

AC/DC founding member Malcolm Young dead ...

3 days ago
Most Popular

Indonesia ready for ‘big bang’

By The Associated Press
Business

Fed: Too early to gauge impact

By The Associated Press
Business

UK increases heat on Google

By The Associated Press
Business

Swiss claim 1MDB fraud

By The Associated Press
Business

Fed: No need to lower rates

By Administrador
Business