Like father like son.
This may be the least surprising October surprise in American history. In a real democracy, this would end Donald Trump’s presidential campaign. The Trump family is a clear national security threat and this should be the nail in their traitorous coffin.
A private equity firm owned by Jared Kushner, Donald Trump’s son-in-law, has been paid $157m in fees since 2021 without returning any profit to investors, according to a US Senate inquiry…
The paper reported that Kushner was using contacts cultivated while working as a White House adviser during Trump’s presidency…
“Affinity’s investors may not be motivated by commercial considerations, but rather the opportunity to funnel foreign government money to members of President Trump’s family, namely Jared Kushner and Ivanka Trump.”
Wyden said the foreign investors’ fees included $87m from the government of Saudi Arabia…
The Senate committee says there is a fifth “mystery foreign investor that Affinity has declined to identify”…
It is not only Democrats who have questioned Affinity’s arrangements. James Comer, the Republican chair of the House oversight committee, told CNN last year that Kushner “crossed the line of ethics” regarding Saudi funding for the company.
This has been a long time coming. See here for Jamie Raskin’s 2023 letter to James Comer regarding the extremely shady nature of Kushner’s fund from the start. But Republicans delayed the initial round of House subpoenas. Brilliant job, guys. Nobody ever accused Comer of being a genius. The brain trust in the MAGAGOP delayed it right into the Senate’s hands and to exactly the right moment… for us. Ta.
“Let’s see, $2 billion, laptop. I don’t think it’s the same,” Scarborough began, raising his hands to weigh the value of Jared Kushner’s scandal with that of Hunter Biden’s in jest.
Talk all you want about nepotism and conflicts of interest, but you’re not serious people if you don’t want to investigate Jared Kushner
“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…
“Private investment funds that take money exclusively from foreign politically exposed investors present heightened national security and other risks,” he wrote. “The US government has recently highlighted how the opacity and lightly regulated status of private funds can present risk to national security.”