"Kushner’s investment firm, Affinity Partners, has amassed approximately $6.16 billion in assets under management—including $1.2 billion in the past year alone"

 

The ranking Democrat on the House Judiciary Committee on Friday morning announced a “sweeping” probe into alleged self-enrichment by Jared Kushner, the son-in-law of US President Donald Trump who has served as a high-profile White House envoy in the Middle East while also, according to Congressman Jamie Raskin, “soliciting billions of dollars from Gulf monarchies for [his] private business ventures.”

In a letter addressed to Kushner, the Maryland Democrat charges that by pushing for investments in his international investment firm, A Fin Management LLC (Affinity), while also serving as “Special Envoy for Peace” for the Trump administration, he has created “a glaring and incurable conflict of interest” in the eyes of the American people.

While Raskin points out that Kushner repeatedly vowed to stay out of government during Trump’s second term and, going further, said he would not raise funds for Affinity during that time, both promises were “quickly” broken.

In April of 2022, the New York Times reported how Kushner had secured a $2 billion investment from a sovereign wealth fund directed by Saudi Crown Prince Mohammed bin Salman, also known as MbS. In 2018, during Trump’s first term, investigations were demanded over accusations that previous financial ties meant that MbS had Kushner “in his pocket.”

According to Raskin’s letter on Friday:

"Mr. Kushner’s investment firm, Affinity Partners, has amassed approximately $6.16 billion in assets under management—including $1.2 billion in the past year alone—with an extraordinary 99 percent of its funding derived from foreign nationals. These include sovereign wealth funds operated by the governments of Saudi Arabia, the United Arab Emirates, and Qatar. At the same time, Mr. Kushner has assumed a central role in sensitive geopolitical negotiations across the Middle East and beyond.

"Despite explicit public assurances that he would avoid both government service and fundraising during President Trump’s second term, Mr. Kushner has done precisely the opposite. He has inserted himself into the world’s most volatile global conflicts as one of the United States’ chief negotiators all while deepening his financial reliance on, and entanglement with, foreign governments."

Citing the horrific US complicity in Israel’s ongoing attacks on Gaza as well as Trump’s illegal war of choice against Iran, Raskin’s letter to Kushner charges that “your decision to play completely irreconcilable and unethical dual roles has been haunting American foreign policy since President Trump returned to Washington in 2025.”

Noting that the Crown Prince of Saudi Arabia remains “your largest investor through Affinity and thus possesses significant financial leverage over” Kushner, Raskin explains to the president’s son-in-law in his letter that “you cannot both be a diplomat and a financial pawn of the Saudi monarchy at the same time; you cannot faithfully represent the United States with billions of dollars in Saudi and Emirati cash burning a hole in every pocket of every suit you own.”

Due to these concerns, explained Raskin, the House Committee on the Judiciary investigation will probe “your conduct and that of your firm with the goal of learning information critical to reforming our bribery laws, conflict of interest provisions, other statutes and rules governing the conduct of government and special government employees, and FARA.”

Offering a list of requests, the letter demands that Kushner provide a detailed account of his communications with various investment partners and entities related to his business dealings and that of his work as special envoy to the president, with a deadline of April 30 to comply.

“This investigation will be a priority for our committee in the coming period,” Raskin’s letter states. “We expect your full cooperation and that you will provide us with all relevant documents that touch upon how your business interests, family wealth, and governmental duties and missions have merged and converged.”

-Jon Queally, Common Dreams