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Trump's family filing to divest

NEW YORK - Ivanka Trump, the daughter of President Trump, and her husband, Jared Kushner, submitted plans to divest some assets to comply with federal ethics standards, documents show.

NEW YORK - Ivanka Trump, the daughter of President Trump, and her husband, Jared Kushner, submitted plans to divest some assets to comply with federal ethics standards, documents show.

Kushner, senior adviser to his father-in-law, indicated that he would divest from three limited liability companies linked to Thrive Capital, the venture capital firm cofounded by his brother Joshua. He also listed for divestment shares in closely held Regal Bank, based in Livingston, N.J., where the Kushners have a home.

The Thrive entities include one that appears to be linked to a $700 million fund the firm raised in July of last year. Thrive has invested in messaging app Slack, online-payments company Stripe, and Oscar, which sells insurance under the Affordable Care Act. Billionaire Peter Thiel, Trump's most vocal supporter in Silicon Valley, was an early investor.

Kushner is also selling his interest in Broadband Proliferation Partners LLC, which operates under the name WiredScore. The firm rates the internet connectivity of commercial buildings, and participates in WiredNYC, a New York City initiative to improve its high-tech infrastructure. It's active in more than 30 other cities, according to the company's website.

A spokesman for Kushner Cos. did not immediately respond to a request for comment.

The disclosures were contained in documents called certificates of divestiture that were released by the federal Office of Government Ethics in response to a request under the federal Freedom of Information Act. The certificates do not constitute full financial disclosures. Presidential appointees request them to defer capital gains taxes on assets they have to sell to avoid conflicts of interest while in government service.

The office must approve the deferrals before the sales occur. The documents indicate that they were approved on Jan. 26.

The ethics agency also released similar disclosures for the former president and chief operating officer of Goldman Sachs Group Inc., Gary Cohn, whom Trump appointed to serve as director of the National Economic Council.