Ivanka Trump will not take White House position for now while husband, Jared Kushner, plans reshuffling of assets

Jared Kushner to be named senior adviser to Trump: NBC

Donald Trump will name son-in-law Jared Kushner a senior advisor to the president, a transition official told NBC News on Monday. But Ivanka, Trump's daughter, will not be taking a White House position for now as she focuses on settling her children into their new home and schools in Washington, D.C.

Kushner, who is married to Ivanka, has been in Trump's inner circle during and after the presidential campaign. Like his father-in-law, Kushner has no previous experience in government. The potential for a White House role raised ethical questions due to anti-nepotism laws and Kushner's chief executive role at Kushner Companies, a real estate development firm.

"Mr. Kushner is committed to complying with federal ethics laws and we have been consulting with the Office of Government Ethics regarding the steps he would take," Kushner's lawyer said in a statement to NBC News.

Washington law firm WilmerHale has advised Kushner on how to navigate the potential ethical problems of taking a position in his father-in-law's White House, according to The New York Times. The firm contends that a law barring presidents from picking relatives for agencies they lead does not apply to the White House, though some experts disagree with that assertion, the Times reported.

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The newspaper also said that Kushner plans to resign as Kushner Companies CEO and divest "substantial assets." An advisory role left the possibility that Kushner could have a say in White House policy that would affect his personal holdings.

Ivanka Trump will also be divesting assets and resigning from her key roles in the Trump Organization as well as her fashion business. She will, however, retain her position at the luxury hotel in the Old Post Office Building in D.C. This means that her husband, Kushner, will have to recuse himself from any matters that would affect her interest in the property.

The Times also reported Saturday that Kushner met with Anbang InsuranceGroup after the election in November to discuss the redevelopment of 666 Fifth Avenue, a building owned by the Kushner family.

Ivanka Trump and her husband Jared Kushner
Mandel Ngan | AFP | Getty Images

Trump has so far taken few steps to address the potential that his presidency could benefit him or his family financially despite criticism. He has so far resisted calls to establish a blind trust and divest his holdings, but he is expected to give more information about those efforts at a news conference on Wednesday.

Trump has defended himself by saying the president is not subject to criminal conflict of interest laws. However, the Office of Government Ethics says presidents have always acted like they are bound by those laws.

— NBC News' Peter Alexander contributed to this report

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