• Jared Kushner's $2B Saudi Deal: Controversy, Capitol Riot, and More

  • Feb 4 2025
  • Length: 3 mins
  • Podcast

Jared Kushner's $2B Saudi Deal: Controversy, Capitol Riot, and More

  • Summary

  • Jared Kushner BioSnap a weekly updated Biography.

    Let's dive into the recent developments surrounding Jared Kushner.

    Jared Kushner, the son-in-law of former President Donald Trump, has been in the news lately due to his business activities and past roles in the Trump administration. One of the most significant recent developments involves his private equity firm, Affinity Partners.

    Affinity Partners, founded by Kushner after he left the Trump administration, received a $2 billion investment from Saudi Arabia's sovereign wealth fund, known as the Public Investment Fund (PIF), in 2022. This investment has been a subject of controversy, with Kushner facing criticism for accepting funds from foreign countries, particularly given his former role as a key adviser to Donald Trump on the Middle East[3].

    Recently, Kushner defended his firm's acceptance of the $2 billion from the Saudis, dismissing concerns about the implications of such a significant investment from a foreign entity. He also scoffed at questions about the Saudi crown prince's involvement in the 2018 killing of Washington Post columnist Jamal Khashoggi, indicating that he does not believe these issues should impact his business dealings[1].

    In other business news, Kushner's Affinity Partners has been allowed by Israeli regulators to buy an additional 4.95% stake in Phoenix Financial, a leading Israeli financial firm. This move will double Kushner's stake in the company, further expanding his business interests in the Middle East[5].

    On the political front, Kushner has been involved in the investigations into the January 6 attack on the U.S. Capitol. He testified before the House select committee investigating the attack, appearing voluntarily in a virtual meeting. This testimony was significant as Kushner was a senior adviser in the White House and is the highest-ranking member of the Trump administration to appear before the committee[1].

    In related news, Kushner's wife, Ivanka Trump, also testified before the House committee investigating the January 6 attack. Her testimony followed Kushner's appearance and was part of the ongoing investigations into the events surrounding the attack on the Capitol[1].

    In terms of public appearances, Kushner has been relatively quiet recently, focusing on his business activities rather than making high-profile public statements. However, his past roles and actions continue to be scrutinized, particularly in light of the ongoing investigations and controversies surrounding the Trump administration.

    Overall, Jared Kushner's recent activities have been marked by significant business developments, particularly in the Middle East, and his involvement in the investigations into the January 6 attack on the U.S. Capitol. These developments highlight the ongoing scrutiny of Kushner's actions and the complex interplay between his business interests and his past roles in the Trump administration.

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