Jared Kushner Earns Oversight Committee Investigation With His Saudi Investment of $2 Billion

The House Oversight Committee has launched an investigation into Jared Kushner’s hedge fund deal with Saudi Arabia and the Crown Prince Mohammed bin Salman.

Chairwoman Carolyn Maloney, D-N.Y., wrote a letter to Kushner dated June 2, 2022, letting him know the committee will look into whether Kushner’s personal financial interests improperly impacted U.S. foreign policy while he served in the White House.

Kushner created his investment firm, Affinity, the day after Trump left the White House in January 2021 and the Saudi government gave it the $2 billion six months later. Saudi’s internal committee on the matter had voiced objections over Kushner’s relative lack of experience.

 “Your support for Saudi interests was unwavering, even as Congress and the rest of the world closely scrutinized the country’s human rights abuses in Yemen, the murder of journalist Jamal Khashoggi by Saudi assassins tied to Crown Prince Mohammed bin Salman, and Saudi Arabia’s crackdown on political dissidents at home,” Maloney wrote.

“The Committee is concerned by your decision to solicit billions of dollars from the Saudi government immediately following your significant involvement in shaping U.S.-Saudi relations,” Maloney said, adding that Kushner’s close relationship with the crown prince as well as his pro-Saudi positions during the Trump administration and the Saudi government’s funding “create the appearance of a quid pro quo for your foreign policy work during the Trump Administration.”

The committee has asked Kushner to produce records and personal communications, dating back to 2017, between himself and the Crown Prince. He has been asked to turn them over by June 16.

NYT, CNBC

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