Donald Trump's stakes in his many businesses will be transferred to a trust - a legal arrangement that allows a third party to control a bundle of assets on behalf of their owner.
Kushner is expected to play the same role in the White House that he has had in the transition, with the counselors Stephen K. Bannon and Kellyanne Conway providing the president-elect with strategic, messaging and communications advice, and Reince Priebus, the chairman of the Republican National Committee and the incoming chief of staff, running day-to-day operations in the West Wing.
The anti-nepotism law was not directly at issue in the case, but Judge Laurence Silberman, appointed by President Ronald Reagan, wrote then that the law probably does not cover White House staff.
Walter Dellinger, who served as acting solicitor general under President Bill Clinton, said he thinks the law is on Trump's side, particularly given the 1978 law loosening restrictions on White House appointments.
The move was a significant, even central, one for Donald Trump, who values familial loyalty above all else and, like Kushner, was groomed to run his father's real estate empire.
She and Kushner have three children, Arabella Rose Kushner, who is in Kindergarten, Theodore James, who was born in March, and Joseph Frederick, 3.
"My husband, Jared, and I will be moving with our family to Washington, D.C., where Jared will serve as senior adviser to the president".
Federal anti-nepotism laws are generally understood to apply to agencies, not to the White House.
Why Evan Rachel Wood's Golden Globes Red Carpet Look Is *Particularly* Badass
We couldn't agree more with the sentiment that you're defined by more (and worth *way* more) than what you choose to wear. Wood is nominated for Best Performance by an Actress in a Television Series - Drama for her performance on Westworld .
"Jared has been a tremendous asset and trusted adviser throughout the campaign and transition and I am proud to have him in a key leadership role in my administration", Trump said in a statement.
Trump made it clear since he was elected that he wanted Kushner to serve in his White House.
Selling the company's assets through an initial public offering - making the Trump Organization a public company listed on a stock market - would be a "cumbersome and complicated process" that is "not realistic" and would be "inappropriate", Dillon said.
Reacting to Wednesday's announcement, Eisen emphasized that Trump failed to adhere to any of those ethical guidelines in outlining his new plan. "We'll see whether President Trump is required to follow the law or not", she told the Post.
Does this resolve conflict of interest questions?
In a news conference Wednesday, Trump is expected to detail how he plans to manage his company's potential conflicts of interest after he is sworn into office.
Trump, who takes office on January 20, has vowed to rewrite global trade deals to make them more favorable to the United States.