According to Mediate, Representative Jamie Raskin (D-MD), the ranking member of the House Oversight Committee, has formally requested the Republican leadership of the committee to subpoena documents related to a $2 billion Saudi investment in Jared Kushner’s money management fund.
In his letter to Chairman James Comer (R-KY), Raskin emphasized the need to subpoena Jared Kushner’s investment firm, A Fin Management LLC (Affinity), for documents related to significant funding received from foreign governments, particularly sovereign wealth funds controlled by Saudi Arabia, Qatar, and the United Arab Emirates (U.A.E). The funding reportedly took place shortly after Kushner left his role as senior adviser to then-President Donald Trump, during which he oversaw U.S. foreign policy in the Middle East.
Raskin referred to previous comments made by Comer regarding the ethical concerns surrounding Kushner’s actions. He highlighted that the committee is investigating attempts by foreign nationals to influence high-ranking U.S. officials’ family members through financial incentives, drawing a comparison to investigations involving Hunter Biden.
The letter also mentioned that when Democrats held the majority, they requested documents from Kushner regarding his business relationship with Saudi Arabia and Crown Prince Mohammed bin Salman. Despite repeated attempts, Kushner and his investment fund have not cooperated with these requests.
As Committee Democrats have repeatedly insisted, Crown Prince Mohammed bin Salman’s direct personal involvement in ensuring Mr. Kushner received $2 billion from Saudi Arabia’s PIF—plus a $25 million a year management fee—raises the significant possibility that there was a large quid pro quo shaping Mr. Kushner’s official actions in the White House, where he helped dramatically recast U.S. foreign policy toward Saudi Arabia.
Raskin’s letter further outlined the suspicion around Kushner’s involvement with Saudi Arabia’s Crown Prince Mohammed bin Salman, who reportedly played a role in securing a significant investment in Kushner’s fund. The letter suggested that such a large financial transaction raises concerns about potential quid pro quo influencing Kushner’s actions during his time in the White House.
