Ron Wyden Is Investigating Saudi Support for Jared Kushner's Private Equity Firm

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“It appears to be a payoff as much as a potential investment,” said a former chief ethics counsel for the Treasury.

Jared Kushner, former senior adviser to President Donald Trump, participates in a discussion hosted by the America First Policy Institute and The Abraham Accords Peace Institute, in Washington, D.C., on September 12, 2022.Based on his prior experience and demonstrated abilities, Jared Kushner never should have landed a job in the White House.

“Mr. Kushner’s limited track record as an investor, including his nonexistent experience in private equity or hedge funds, raise questions regarding the investment strategy behind the seeding investments and lucrative compensation that Affinity received from the Saudi PIF and other sovereign wealth funds,” Wyden wrote in the letter, addressed to Affinity Partners’ chief financial officer, Lauren Key.

Virginia Canter, former chief ethics counsel for the Treasury Department and now an attorney with the watchdog group Citizens for Responsibility and Ethics in Washington, said an investigation of Kushner is not just “long overdue” but “vital for our national security.”

 

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