As expected, Trump has tapped Abigail Klem, the president of the company she started in 2007, to lead the brand during her absence from the NY scene.
Mr. Kushner, along with his family, has made a name for himself as a major player in the NY area real estate scene. Kushner's attorneys have spent weeks trying to figure out how he can serve.
Ivanka Trump, who is stepping down from her clothing and accessories brand, has tasked President Abigail Klem with managing the company's strategy and day-to-day operations.
Kushner, 35, has run his family's multibillion-dollar business over the past decade, after his father pleaded guilty to corruption-related charges. Kushner is married to the President-Elect's daughter, Ivanka. Kushner, whose family has donated to causes in Israel, including West Bank settlements that have been branded illegal by the United Nations, also played a role as a Middle East policy adviser. 'I will no longer be involved with the management or operations of either company'.
Experts on presidential ethics have questioned whether having Kushner in the White House would violate nepotism laws.
Frederick Gordon says it is not uncommon for Presidents to turn to those closest to them for advice.
"Congress didn't in this law carve out an exception for the White House".
Kathleen Clark, a law professor at Washington University in St. Louis, said her analysis of the anti-nepotism statute signed into law by President Lyndon Johnson is that is does apply to the White House.
"The Justice Department has described this authority as "unfettered" and 'sweeping, ' " Gorelick added.
Theresa May at Front of Queue to Visit Donald Trump in Washington
Farage might be best placed to act as a go-between for the two administrations, an idea which Downing Street firmly rejected. May's predecessor, David Cameron, met President Barack Obama in March 2012 following his second inauguration that January.
Priebus called Kushner "a visionary with a rare ability to communicate with and assemble broad coalitions of support" and said his "open mind, adaptability and keen intellect" would be a "great asset" to the team.
Someone who thinks they are negatively impacted by a Kushner decision could bring suit, Eisen said.
No less a progressive than Mayor de Blasio Monday said he respects Kushner "a lot", and has "known him for years and find him to be a very reasonable person".
The nepotism issue was examined but not fully resolved in a court case in the early 1990s involving Hillary Clinton's leadership of a health-care panel.
Trump, who takes office on January 20, has vowed to rewrite worldwide trade deals to make them more favorable to the United States.
Kushner, the son of real estate developer and convicted felon Charles Kushner, bought the Observer for nearly $10 million when he was 25 and used the paper to gain influence in Manhattan's elite social circles.
Though Kushner's company is focused primarily on development in NY and New Jersey, it has often relied on foreign investment, and its earnings could be influenced by the Trump administration's trade and foreign-relations policies.
She also is expected to pick up some of the ceremonial roles traditionally associated with the first lady while Melania Trump remains in NY to raise her young son, Baron.
As part of exiting her investments, Ivanka Trump will stop receiving her share of profits earned by company assets, Politico reported.