Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent in Lebanon: Israeli occupation forces carried out an explosion in the southern border town of Kfar Kila
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.

Kushner under investigation over Saudi investment in new firm

  • By Al Mayadeen English
  • Source: Agencies
  • 3 Jun 2022 15:14
  • 2 Shares
4 Min Read

The House Oversight Committee is looking for records connected to a $2 billion investment by a Saudi fund in Kushner's private equity firm, which he founded as Donald Trump's son-in-law and former advisor.

  • x
  • House panel examines Kushner over Saudi investment in new firm.
    Saudi Crown Prince, Jared Kushner, and Ivanka Trump

On Thursday, a House committee announced an investigation into whether Jared Kushner, former President Donald J. Trump's son-in-law and former advisor, used his government position to get a $2 billion investment in his new private equity firm from a renowned Saudi Arabian wealth fund.

Representative Carolyn B. Maloney, the New York Democrat who chairs the House Oversight and Reform Committee, issued Kushner a two-week deadline to provide papers about the Saudi fund's investment in his firm, Affinity Partners, last year in a letter dated Thursday.

She also requested any personal correspondence between Kushner and Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, during or after Trump's presidency.

The committee is looking into "whether your personal financial interests improperly influenced US foreign policy during the administration of your father-in-law, former President Trump," according to Maloney's eight-page letter.

In a statement, a spokesman for Kushner said, “While achieving six peace deals in the Middle East, Kushner fully abided by all legal and ethical guidelines both during and after his government service.”

“He is proud to be among many private sector stakeholders advancing connectivity between Americans, Israelis, and Arabs to encourage continued regional progress,” the statement continued.

Related News

Trump rules out World War for Kiev, threatens Russia with economic war

Iran pushes diplomacy as Europe threatens sanctions snapback

The Saudi government's spokesman and the Saudi Public Investment Fund, which made the $2 billion investment, did not immediately respond to demands for comment.

Kushner and Bin Salman

That investment came less than six months after Kushner left the White House, where he had extensive authority over the administration's Middle East diplomacy efforts.

Despite the prince's human rights violations record and Saudi Arabia's aggression on Yemen, Kushner developed a close friendship with him during his stay in government. Despite the Public Investment Fund's worries about the planned $2 billion investment in Kushner's private equity firm, a fund board led by Prince Mohammed chose to accept it anyhow.

Ethics experts have expressed worries about the Saudi fund's investment in Kushner's firm, which appears to account for the vast majority of its $2.5 billion in assets, according to documents. Senator Elizabeth Warren, a Democrat from Massachusetts, has encouraged the Justice Department to "take a pretty close look" to see if Kushner broke any laws.

Read next: 9/11 families press Biden to prioritize KSA accountability for attacks

In her letter, dated Tuesday, Maloney noted that the parent company of Affinity was incorporated on Jan. 21, 2021 — the day after Kushner left the White House. “Your close relationship with Crown Prince bin Salman, your pro-Saudi positions during the Trump administration, and PIF’s decision to fund the lion’s share of your new business venture — only six months after the end of your White House tenure,” she wrote, “create the appearance of a quid pro quo for your foreign policy work.”

Rather than charging a breach of any existing law, Maloney stated that the probe would seek to learn whether tighter rules are required to prevent former public officials from doing business with their former government counterparts.

In the past, the House Oversight Committee investigated both the Trump administration and its relationship with Saudi Arabia. In 2019, it looked into the White House's decision to give Kushner security clearance despite red signals highlighted by intelligence officials, and it released findings on the administration's willingness to share nuclear-power technology with the Kingdom.

  • United States
  • Washington
  • Donald Trump
  • Saudi Arabia
  • Jared Kushner

Most Read

Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025
The ‘Arab Façade’ for Israeli occupation in Gaza

The ‘Arab Façade’ for Israeli occupation in Gaza

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A scene showing an al-Qassam Brigades fighter during an ambush on July 7, 2025, in a video released by the al-Qassam Brigades on August 26, 2025 (al-Qassam Brigades Military Media)
Politics

Al-Qassam reveals Beit Hanoun ambush targeting Israeli forces

A Palestinian youth stands on a hill overlooking IsraelI Ofer Prison, near the West Bank city of Ramallah, Wednesday, July 3, 2024. (AP)
Politics

77 Palestinian prisoners killed in Israeli prisons since October 7

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during a joint press conference with US deputy special envoy for Middle East peace Morgan Ortagus at the presidential palace in Baabda, Lebanon, Tuesday, August 26, 2025 (AP)
Politics

US envoy Barrack calls Lebanese journalists 'animalistic"'

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks (Photo by Mahdi Rtail)
Politics

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS