Trump-pardoned real estate mogul Charles Kushner up for key diplomatic post
Kushner, the father-in-law of Ivanka Trump, was previously pardoned by President Donald Trump for federal tax evasion and Federal Election Commission violations from 2005, during the mogul's first term.
In 1985, he founded the Kushner Companies and has long been a philanthropist, particularly to Jewish causes and institutions like Yeshiva University in Washington Heights, Manhattan.
He has also donated to St. Barnabas Hospital in Essex County, New Jersey, which has a wing bearing his family name.
During his May 1 confirmation hearing, Kushner acknowledged his past legal missteps, claiming they sharpened his judgment and better prepared him for both the ambassadorship and life.
"I think that my past mistakes actually make me… better in my values to really make me more qualified to do this job," he told the Senate Foreign Relations Committee.
Kushner, who just celebrated his 71st birthday, was nominated in November after Trump called him a "tremendous business leader, philanthropist, & dealmaker, who will be a strong advocate representing our country & its interests."
"He was recognized as New Jersey Entrepreneur of the Year by Ernst & Young, appointed to the U.S. Holocaust Memorial Council, & served as a commissioner, & chairman, of the Port Authority of New York & New Jersey, as well as on the boards of our top institutions, including NYU," Trump said.
"Congratulations to Charlie, his wonderful wife Seryl, their 4 children, & 14 grandchildren. His son, Jared, worked closely with me in the White House, in particular on Operation Warp Speed, Criminal Justice Reform, & the Abraham Accords."
Trump added that Kushner will help strengthen America's partnership with "our oldest ally and one of our greatest."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
European Value Stocks: STIF Société anonyme Among 3 Companies Estimated Below Intrinsic Value
As the European market navigates a landscape marked by tentative optimism surrounding potential EU-U.S. trade agreements, indices like the STOXX Europe 600 have experienced modest gains, reflecting cautious investor sentiment amid ongoing geopolitical uncertainties. In this environment of economic resilience and fluctuating sentiments, identifying undervalued stocks becomes crucial for investors seeking opportunities that align with intrinsic value assessments and current market conditions. Top 10 Undervalued Stocks Based On Cash Flows In Europe Name Current Price Fair Value (Est) Discount (Est) Talenom Oyj (HLSE:TNOM) €3.52 €6.94 49.3% StrongPoint (OB:STRO) NOK11.20 NOK22.39 50% Selvita (WSE:SLV) PLN34.90 PLN69.79 50% Laboratorios Farmaceuticos Rovi (BME:ROVI) €55.20 €109.12 49.4% JOST Werke (XTRA:JST) €51.90 €102.81 49.5% Green Oleo (BIT:GRN) €0.79 €1.58 50% (BIT:EXAI) €1.516 €3.01 49.6% ATON Green Storage (BIT:ATON) €2.13 €4.22 49.5% Atea (OB:ATEA) NOK142.40 NOK282.90 49.7% Aquila Part Prod Com (BVB:AQ) RON1.44 RON2.88 50% Click here to see the full list of 194 stocks from our Undervalued European Stocks Based On Cash Flows screener. Let's review some notable picks from our screened stocks. STIF Société anonyme Overview: STIF Société anonyme manufactures and sells components for the handling of bulk products in France, with a market cap of €425.22 million. Operations: The company's revenue segment consists of Machinery & Industrial Equipment, generating €63.70 million. Estimated Discount To Fair Value: 14.2% STIF Société anonyme is trading at €82.8, below its estimated fair value of €96.46, suggesting it may be undervalued based on cash flows. Despite a highly volatile share price recently, the company has shown strong earnings growth of 384.1% over the past year and is expected to maintain significant annual earnings growth of 21.69%. Revenue forecasts also outpace the French market's growth rate, further supporting its potential as an undervalued stock in Europe. Insights from our recent growth report point to a promising forecast for STIF Société anonyme's business outlook. Dive into the specifics of STIF Société anonyme here with our thorough financial health report. Lumibird Overview: Lumibird SA designs, manufactures, and sells a range of lasers for scientific, industrial, and medical applications with a market cap of €419.28 million. Operations: The company's revenue is derived from two main segments: Medical, contributing €107.75 million, and Photonic, generating €99.37 million. Estimated Discount To Fair Value: 30.7% Lumibird, currently priced at €19.05, is trading below its estimated fair value of €27.48, highlighting its undervaluation based on cash flows. The company's earnings are expected to grow significantly at 38.2% annually over the next three years, outpacing the French market's growth rate of 13%. However, Lumibird's forecasted Return on Equity is relatively low at 9.4%, and recent financial results have been impacted by large one-off items. According our earnings growth report, there's an indication that Lumibird might be ready to expand. Navigate through the intricacies of Lumibird with our comprehensive financial health report here. MilDef Group Overview: MilDef Group AB (publ) develops, manufactures, and sells rugged IT solutions across several countries including Sweden, Norway, and the United States, with a market cap of SEK8.29 billion. Operations: The company's revenue is primarily generated from its Computer Hardware segment, which accounts for SEK1.39 billion. Estimated Discount To Fair Value: 39.7% MilDef Group, priced at SEK 176, is trading significantly below its fair value estimate of SEK 291.7, suggesting it may be undervalued based on cash flows. Despite a volatile share price and recent insider selling, MilDef's revenue is projected to grow by 30.8% annually, surpassing the Swedish market average. With expected profitability in three years and new contracts worth hundreds of millions with FMV and Kongsberg Defence & Aerospace, growth prospects remain strong despite current earnings challenges. In light of our recent growth report, it seems possible that MilDef Group's financial performance will exceed current levels. Click here to discover the nuances of MilDef Group with our detailed financial health report. Summing It All Up Investigate our full lineup of 194 Undervalued European Stocks Based On Cash Flows right here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Contemplating Other Strategies? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENXTPA:ALSTI ENXTPA:LBIRD and OM:MILDEF. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Wall Street Journal
22 minutes ago
- Wall Street Journal
Fintech Investor FTV Capital Backs Trading-Workflow Software Maker Saphyre
Private-equity firm FTV Capital has invested $70 million in Saphyre, a provider of software used in securities trading, doubling down on its strategy of backing companies that help make capital markets more efficient. Hoboken, N.J.-based Saphyre develops systems that speed up securities trading by digitizing related data, including documents from sellers and buyers. Because Saphyre's system stores account numbers and other data, it eliminates redundant follow-up information exchanges usually done through emails and spreadsheets, said Chief Executive Gabino Roche.
Fox News
22 minutes ago
- Fox News
Retired detective hopes to flip NJ county red for first time in a century
Hudson County, New Jersey sheriff candidate Elvis Alvarez details his campaign and his plans to strengthen law enforcement's ties with the local community as he vies to become the first Republican elected to the position in a century.
