In early 2021, as Donald Trump exited the White House, he and his son in law Jared Kushner faced unprecedented business challenges. Revenue at Trump s properties had plummeted during his presidency, and the attack on the U.S. Capitol by his supporters made his brand even more polarizing. Kushner, whose last major business foray had left his family firm needing a $1.2 billion bailout, faced his own political fallout as a senior Trump aide.
An investment fund overseen by Crown Prince Mohammed bin Salman backs ventures that benefit the former president and his senior adviser, raising questions of conflict.
Washington, D.C. (June 2, 2022) Today, Rep. Carolyn B. Maloney, Chairwoman of the Committee on Oversight and Reform, sent a letter to Jared Kushner, son-in-law of former President Trump and former senior White House advisor, requesting documents on a major investment in his firm, A Fin Management, LLC (Affinity) by the Saudi Government. The Committee is also investigating
Kushner established his firm after leaving the White House and eventually landed the $2 billion Saudi investment, millions of which he intends to invest in Israeli start-ups.
A congressional panel will investigate whether President Donald Trump's son-in-law Jared Kushner used his White House position to leverage a $2 billion investment from a Saudi Arabian wealth fund.