{"id":453,"date":"2026-06-08T18:39:54","date_gmt":"2026-06-08T18:39:54","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=453"},"modified":"2026-06-08T18:39:54","modified_gmt":"2026-06-08T18:39:54","slug":"they-went-to-jared","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=453","title":{"rendered":"They Went to Jared"},"content":{"rendered":"<article>\n<div><ul><li><span>Share on Facebook<\/span><\/li>\n<li><span>Share on Twitter<\/span><\/li><li><i><?xml version=\"1.0\" encoding=\"UTF-8\"?>\n<svg>\n<\/svg><\/i><span>Share on Bluesky<\/span><\/li><li><span>Email<\/span><\/li><li><span>Comments<\/span><\/li><\/ul><\/div>\n<div>\n<p><span>The pitch deck<\/span> from a new investment fund called Affinity Partners was one of the most laughable presentations the potential investors had ever seen. Consisting of 20 black-and-white slides, the PowerPoint resembled something an undergraduate would have put together. It verged on satire\u2014drenched in corporate pabulum, it touted \u201caccelerating transformation through connectivity\u201d and \u201caligned economic interests\u201d that could \u201ccreate previously unrealized value.\u201d Specifics were minimal at best, but the\u00a0<em>opportunities<\/em>\u2014whatever they were\u2014were apparently endless. The would-be investors \u201csaid they\u2019d never seen such a joke of a deck,\u201d one source told the\u00a0<em>Intercept<\/em>.<\/p><p>Read more <a href=\"https:\/\/movingandmortgagehub.com\/?p=450\">How the Flamingo Became a Potent Protest Symbol<\/a><\/p>\n<p>Despite its startling amateurishness, the gist of the pitch, proffered in 2021, was clear enough. Affinity sought to raise hundreds of millions of dollars from both American investors and the sovereign wealth fund of Saudi Arabia. The kingdom, eager to diversify its economy and launder its image as a repressive kleptostate, had already bankrolled professional golf, tennis, and soccer leagues; commercial real estate and luxury properties; video games and celebrity influencers; PR agencies and consultancy firms\u2014even corporate giants like Boeing, Citigroup, and Disney. And much of that investment flowed to Westerners willing to overlook Saudi human rights abuses.<\/p>\n<p>The Affinity pitch, though, was so vapid, so vacuous, so\u00a0<em>devoid<\/em>\u00a0of content that even Saudi officials blanched. A due diligence report conducted on behalf of the kingdom found Affinity\u2019s operations \u201cunsatisfactory in all aspects.\u201d But there was one element that would get its pitch over the finish line: Taking up two full slides at the end of the presentation was a 1,200-word biography of Affinity\u2019s founder, Jared Kushner.<\/p>\n<p>By this time, Kushner was out of the White House, where he\u2019d served as a top adviser to his father-in-law, Donald Trump. The disgraced former president was back in Florida, licking his wounds after losing to Joe Biden, railing about election fraud as he plotted his return to power. Kushner took a different tack. Instead of, say, spending more time with his young children or turning back to the New York real estate scene that had chewed him up and spit him out, he would try something new\u2014something that didn\u2019t require too much talent and hinged almost entirely on his proximity to power and wealth. He would be a private equity fund manager. And Affinity\u2014which he launched the day after Biden was sworn in\u2014would be Kushner\u2019s vehicle to greater riches than he\u2019d ever known before.<\/p>\n<p>But again, this was 2021. The world viewed Trump as little more than a twice-impeached former president who\u2019d attempted a coup to remain in power. Kushner was tainted by association with his father-in-law, whose circle of contacts was increasingly worthless. Moreover, doing business with Kushner came with all sorts of hazards\u2014not least the potential blowback from a Biden administration watching out for any foreign governments partnering with the Trump family.<\/p>\n<p><span>The Saudi<\/span><span> officials<\/span> tasked with screening investments had their answer. Affinity\u2019s lack of clarity or strategy, the absence of other major investors, the \u201cinexperience\u201d of its managers, and \u201cpublic relations risks,\u201d as their report put it, all pointed to an unequivocal no. They would not back Affinity. They would not fund Kushner.<\/p>\n<p>But only one vote mattered. Crown Prince Mohammed bin Salman\u2014architect of the grisly assassination of Saudi<em>\u00a0Washington Post<\/em>\u00a0columnist Jamal Khashoggi, lord of the Saudi kleptocracy, a leader opposed to extending women or minorities or gay people anything resembling equal rights\u2014would have the final say. And as MBS saw it, Affinity wasn\u2019t just some panhandling, fly-by-night investment group looking for a handout. It was a fund overseen by a fellow princeling whom the Saudi dictator had already befriended.<\/p>\n<p>MBS also knew that if America\u2019s political tides were to turn, Kushner could prove an indispensable asset. So he overruled his experts. Kushner and Affinity would have their funding\u2014$2 billion to start, with potentially much more down the road. And MBS would again have an American partner he could steer in whichever way he wanted.<\/p>\n<p>The Saudi investment proved fruitful. Despite Kushner\u2019s insistence during the 2024 campaign that he would have little involvement in a second Trump term, he is once more at the center of almost every major geopolitical event. In the occupied Palestinian territories, he\u2019s point man for what should supposedly emerge from the rubble\u2014a \u201cNew Gaza\u201d that promises to restore jobs, prosperity, and peace. He was dispatched to Moscow with special envoy Steve Witkoff to seek a diplomatic solution to Russia\u2019s ongoing war against Ukraine. In January, he and Witkoff were appointed executive board members of Trump\u2019s new Board of Peace, itself a breathtaking attempt to monetize foreign relations. The following month, Trump named Kushner his \u201cspecial envoy for peace,\u201d shortly before dispatching him and Witkoff to lead the administration\u2019s disastrous negotiations with Iran. To each of these assignments, Kushner has brought a mind-boggling array of ethical conflicts. His financial entanglements span the globe, touching on the diplomatic hotspots where he is supposed to be negotiating on America\u2019s behalf. He has made an art of cashing in on his foreign relationships, which, for those partners, are also paying off as never before.<\/p>\n<p>It\u2019s worth pausing to reflect on just how unprecedented this entire play has been. True, Kushner is hardly the first family member to profit from their presidential connections. Billy Carter moonlighted as a lobbyist for Libya\u2019s Muammar Gaddafi and hawked \u201cBilly Beer\u201d to make a buck off his brother\u2019s presidency. Hunter Biden\u2019s attempts to cash in on the family name\u2014via crooked networks out of Ukraine and Romania and the sale of overpriced artwork\u2014helped derail his father\u2019s presidency.<\/p>\n<p>But in scale and audacity, what Kushner has attempted\u2014and achieved\u2014is on another level entirely. He asked foreign regimes to trust him with billions of dollars even though he\u2019d never managed an investment fund. One former Republican official, as the\u00a0<em>New York Times<\/em>\u00a0noted in April 2024, \u201ccould recall no precedent for a government official leaving office and starting an investment firm that would immediately receive billions of dollars from foreign governments with which the official had been working while serving in government.\u201d And that was before Trump placed Kushner\u2014who had zero diplomatic or foreign affairs expertise until his father-in-law rose to power\u2014at the center of every international crisis, elevating him to the role, arguably, of the nation\u2019s leading diplomat.\u00a0<\/p>\n<p>Even Rep. James Comer, a Kentucky Republican who led the charge against Hunter Biden, was taken aback: Kushner\u2019s Saudi funding arrangements, he said, \u201ccrossed the line of ethics,\u201d and when a consultant close to Kushner called and asked him to tone down his criticism, Comer said he instructed the intermediary \u201cto tell Kushner to fuck off.\u201d<\/p>\n<p>Of course, it wasn\u2019t just Saudi Arabia that saw Kushner as a pliable source of influence. The United Arab Emirates, whose own despot had cultivated Kushner years before, began tossing money at Affinity Partners around the same time. So did the Qatari regime, which slipped back into America\u2019s good graces as it was helping bail out Kushner\u2019s family company. To date, firms linked to the UAE and Qatar have invested at least $1.5 billion in Kushner\u2019s fund. With more modest infusions from smaller investors, nearly all foreign, Affinity\u2019s asset pool grew and grew, topping $6 billion and generating more than $100 million in management fees for Kushner and his partners. (Affinity\u2019s fee structure, the Saudi investment officials wrote in their analysis, seemed \u201cexcessive.\u201d)<\/p>\n<p>If the investments themselves weren\u2019t enough of an ethical hornet\u2019s nest, the contracts Affinity signed give the regimes troubling leverage over Kushner. They allow investors to pull out after a five-year window, which means Saudi Arabia and Qatar have the power to implode Affinity in the middle of Trump\u2019s second term, decimating Kushner\u2019s standing\u2014a financial sword of Damocles that, by extension, dangles over the federal government.<\/p>\n<div><div>\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"Illustration of Jared Kushner's torso tied to a skyscraper, both of which are dangling from a red rope amongst clouds.\" class=\"wp-image-452\" height=\"432\" src=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/06\/8ad1ebc93c9b572d46b2e0ee8ea646da-768x432.webp\" width=\"768\" srcset=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/06\/8ad1ebc93c9b572d46b2e0ee8ea646da-768x432.webp 768w, https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/06\/8ad1ebc93c9b572d46b2e0ee8ea646da-300x169.webp 300w, https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/06\/8ad1ebc93c9b572d46b2e0ee8ea646da.webp 989w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<h3>Playing Both Sides<\/h3><h2>A brief history of Jared Kushner profiting from his proximity to power.<\/h2><\/div><\/div>\n<p>This situation was entirely foreseeable, and yet Kushner\u2019s foreign dealings were largely ignored by Democratic lawmakers until Biden was headed for the door. There were no formal investigations or high-level hearings into his doings, even after Trump announced in November 2022 that he would run again. Democrats appeared reluctant, with Hunter Biden under investigation, to draw attention to the issue of family members profiting off a presidency. Kushner, after all, seemed unlikely to have a future in US politics. Ignore him and he\u2019d go away. The Trump era was over\u2014right?<\/p>\n<p>One of the few Democrats to raise the alarm was Sen. Ron Wyden of Oregon, then-chair of the Senate Finance Committee, who attempted to pierce Affinity\u2019s veil of secrecy once it became clear that Trump would be the Republican nominee. In June 2024 and again that September, he wrote to the company seeking information. Affinity resisted, withholding key financial details and refusing to fully reveal its foreign investors. Wyden\u2019s request rested on two unknowns: how much Kushner profited personally from his foreign dealings and what he was doing, precisely, for those clients. Kushner \u201chas some experience in real estate, but no experience running hedge funds and private equity,\u201d a source familiar with the back-and-forth told me. If anything, his affairs gave the appearance of a simple playbook: selling access, influence, and even policy.<\/p>\n<p>In October 2024, with less than two weeks left until the election, Wyden and Rep. Jamie Raskin (D-Md.) sent a letter to Attorney General Merrick Garland accusing Kushner of violating the Foreign Agents Registration Act and asking Garland to name a special counsel to investigate. \u201cThe scale of these undisclosed foreign payments to Mr. Kushner coupled with the national security implications of his apparent ongoing efforts to sell political influence to the highest foreign bidder are unprecedented and demand action from DOJ,\u201d they wrote.<\/p>\n<p>Soon after, Garland was on the way out, Trump was incoming, and the Republicans were poised to run Congress. There would be no special counsel, just a vastly more lucrative fundraising landscape for Affinity Partners.<\/p>\n<p><span>Kushner\u2019s deep<\/span><span> ties<\/span> to foreign despots are a remarkable breach of ethical norms. But they also are of a piece with his personal and professional histories\u2014and perhaps especially his attitude. Kushner, much like his father-in-law, behaves as though rules and restrictions don\u2019t necessarily apply to him and as though private-sector dealmaking somehow suits him for high-stakes international diplomacy. \u201cA lot of the people who do this are history professors, because they have a lot of experience, or diplomats,\u201d he conceded late last year. \u201cIt\u2019s just different being \u2018deal guys\u2019\u2014just a different sport.\u201d<\/p>\n<p>Hints of this pay-to-play worldview\u2014this notion that there\u2019s a deal to be cut wherever one looks, ethics be damned\u2014were first evident decades ago, when Kushner was a high schooler in New Jersey. Despite reportedly being a \u201cless than stellar\u201d student, he was accepted at Harvard\u2014a move preceded by the pledge of a $2.5 million donation to the college from Charles Kushner, Jared\u2019s father. For good measure, the payment was structured to begin only \u201cafter Jared matriculated,\u201d journalist Andrea Bernstein wrote in her 2020 book,\u00a0<em>American Oligarchs<\/em>.<\/p>\n<p>In March 2005, less than two years after Jared graduated from Harvard, Charles was sentenced to 24 months in prison (and served 14) after pleading guilty to 18 counts of tax evasion, illegal campaign contributions, and witness tampering\u2014he had hired a prostitute to seduce his brother-in-law, filmed their tryst, and sent the tape to his sister. (Trump would pardon Charles in December 2020 and appointed him ambassador to France four years later.) But the younger Kushner continued his unqualified ascent.<\/p>\n<p>At age 25, he purchased a majority stake in\u00a0the<em>\u00a0New York Observer<\/em>, once a staple of the city\u2019s media and real estate landscapes, for $10 million\u2014his own money, he claimed, from real estate deals he\u2019d closed during college. He evinced little interest in good reportage or journalistic ethics. To the contrary, multiple editors later asserted that Kushner ordered the paper to run \u201chit jobs\u201d on people he felt had wronged him or his family. \u201cI came to believe that Kushner wanted the\u00a0<em>Observer<\/em>\u00a0to succeed not because he believed in what it was, but because he needed it as a bullhorn for his own business interests,\u201d former editor Kyle Pope remembered. The paper, already losing money, failed to thrive on Kushner\u2019s watch. By the mid-2010s, less than a decade into his ownership, the \u201conce-proud\u201d\u00a0<em>Observer<\/em>\u00a0was a \u201cPotemkin village\u201d of a publication, limping along with clickbaity articles and little impact.<\/p>\n<p>The\u00a0<em>Observer<\/em>\u00a0was hardly Kushner\u2019s biggest financial fiasco. That honor belongs to a high-rise building at 666 Fifth Avenue in Manhattan. Constructed in 1957, the 39-story, glass-and-steel office tower had been a Midtown staple for decades, with tenants ranging from Citigroup to Warner Brothers and Xerox. It would become an albatross around the Kushners\u2019 neck. In 2007, their commercial real estate firm, Kushner Companies, with Jared at the helm, purchased the tower for nearly $2 billion\u2014a staggering markup from its $518 million sale price seven years prior. The family invested $50 million and borrowed $1.75 billion to cover the remainder\u00ad\u2014a remarkable risk at the best of times, which these were not.<\/p>\n<p>A few months later, the subprime mortgage crisis sent the global economy into a freefall. Jared\u2019s acquisition became, as the\u00a0<em>New York Times<\/em>\u00a0put it, a \u201cclassic example of reckless underwriting.\u201d Vacancy rates spiked as interest on the family\u2019s 10-figure debt accumulated. To cover costs, Jared sold off nearly half of the family\u2019s stake in the building\u2019s retail space and subsequently had to restructure the loan. Even as Trump ran for president in 2016, the family was still scrambling for funding. (\u201cIs Jared Kushner the World\u2019s Worst Real-\u00adEstate Investor?\u201d asked\u00a0<em>Vanity Fair<\/em>.)<\/p>\n<p>There was a moment just before the election when Kushner, who was helping run his father-in-law\u2019s campaign, thought he\u2019d found a lifeline. Together with Charles Kushner, he solicited a personal investment from former Qatari Prime Minister Sheikh Hamad bin Jassim bin Jaber Al Thani, who also had previously overseen Qatar\u2019s sovereign wealth fund.<\/p>\n<p>The sheikh, who goes by HBJ, agreed to put up $500 million to help refinance 666 Fifth Avenue if the family could raise the rest elsewhere. Negotiations bled into 2017, as Kushner, by then a White House official and diplomat, was charged with brokering Middle East peace. But after a controversy arose in relation to other potential investors, HBJ pulled out, leaving the Kushners again on the hook for their spiraling debt payments. At that point, the\u00a0<em>Intercept<\/em>\u00a0reported, Charles went directly to Qatar\u2019s finance minister seeking an investment from the nation\u2019s sovereign wealth fund. He failed to land a deal.<\/p>\n<p>A regional blockade of Qatar began two months later, in June 2017. The Saudis, Emiratis, and other Middle East regimes severed ties with Doha as part of broader jockeying for regional supremacy between Gulf rivals\u2014all US partners. The scent of invasion hung in the air. It was a tinderbox primed to explode.<\/p>\n<p>Remarkably, rather than act as a neutral arbiter, the Trump administration immediately threw its weight behind the Saudis and Emiratis\u2014and Kushner, according to investigative journalist Vicky Ward, \u201cgreenlit\u201d the entire operation. \u201cThe Saudis would not have risked moving forward without permission from somebody,\u201d an aide to then\u2013Secretary of State Rex Tillerson told her. \u201cThat person must have been Jared.\u201d<\/p>\n<p>While there\u2019s no direct evidence linking the blockade to Kushner\u2019s investments, his family\u2019s financial entanglements raise legitimate questions about his motivations. He had already \u201creamed the Qatari ruling family for not doing the deal\u201d on 666 Fifth Avenue, Ward wrote on social media. Would the Qataris view the administration\u2019s support of Saudi Arabia and the UAE, she added, \u201cas Kushner saying, \u2018If you don\u2019t pay my father, the Americans are going to sanction an invasion of your country\u2019\u201d?<\/p>\n<p>Put another way: Lovely country you have there. Shame if something bad were to happen to it.<\/p>\n<p>The blockade persisted for years, as did the ever-present threat of invasion. But the Trump administration began changing its tune in April 2018 after an intensive Qatari lobbying campaign culminated in the first of several Oval Office meetings between Trump and the emir. The following month, the\u00a0<em>New York Times<\/em>\u00a0reported that Charles Kushner was in \u201cadvanced talks\u201d about 666 Fifth Avenue with a company partly owned by Qatar. Jared then flew to Doha, where he met with the emir to discuss \u201cincreasing cooperation.\u201d Early that August, Kushner Companies inked a deal with the Qatar-backed company, eliminating what the\u00a0<em>Times<\/em>\u00a0called \u201cthe family\u2019s biggest financial headache.\u201d Trump\u2019s new secretary of state, Mike Pompeo, pushed for a resolution in the meantime, and just before Trump left office, the Saudis and Qataris reached a deal to end the blockade.<\/p>\n<p>Everyone involved denied that the deal had any relation to Kushner\u2019s White House role, but the timing was intriguing. Either way, it was a remarkable turnabout for the family\u2014and a complete dissolution of the traditional separation of public and private interests.<\/p><p>Read more <a href=\"https:\/\/movingandmortgagehub.com\/?p=447\">Inside Delaney Hall\u2019s Black Box<\/a><\/p>\n<p><span>The Qatar affair<\/span> set the tone for Kushner\u2019s second stint as a public official. He\u2019d struck up a friendship with MBS during Trump\u2019s first term, engaging in text\u00ading sessions and jetting off to Riyadh for unannounced talks. The Saudi regime \u201ccultivated the relationship with Mr. Kushner,\u201d whom it saw as someone with \u201cscant knowledge about\u201d the Middle East and, specifically, \u201cignorance of Saudi Arabia,\u201d the\u00a0<em>New York Times<\/em>\u00a0wrote. At one point, MBS reportedly bragged he had Kushner \u201cin his pocket.\u201d<\/p>\n<p>It was difficult to conclude otherwise. US intelligence officials grew increasingly alarmed by Kushner\u2019s private communications with MBS even as the prince sought retribution against regime critics like Khashoggi. \u201cThere was a risk the Saudis were playing him,\u201d said a former White House official. The concerns reached such a breaking point that Kushner\u2019s application for a top-secret security clearance was initially rejected over fears \u201cabout potential foreign influence,\u201d NBC reported. But Trump overruled his intelligence officials, granting Kushner access to America\u2019s most closely held secrets.\u00a0\u00a0<\/p>\n<p>As MBS tucked Kushner further into his pocket, other regimes tried to replicate the Saudi success. One year into Trump\u2019s first term, US intelligence analysts reported that officials from a range of foreign countries had \u201cprivately discussed ways they can manipulate Jared Kushner,\u201d the\u00a0<em>Washington Post<\/em>\u00a0noted, \u201cby taking advantage of his complex business arrangements, financial difficulties, and lack of foreign policy experience.\u201d They\u2019d hit on the same conclusion as MBS: Kushner was tractable, and perhaps the best vector for influencing Trump.<\/p>\n<p>One of those countries was Israel. For years, Kushner and his family had supported Israeli imperialism in the Palestinian territories, helping bankroll the settler organizations stealing Palestinian lands in the West Bank. Kushner also had a decades-long personal relationship with Prime Minister Benjamin Netanyahu. Their ties stretched back to the 1990s, when Charles Kushner supported Netanyahu\u2019s political rise and invited \u201cBibi\u201d to their sprawling home in New Jersey. Young Jared even gave up his bedroom to Netanyahu and, according to Andrea Bernstein\u2019s book, played basketball with him in the driveway. That familiarity has paid dividends for Netanyahu and Israel. With Kushner ensconced in the White House, the Israelis had their Trump whisperer. (He would broker the Abraham Accords, which brought Israel closer to the Gulf states but sidestepped the Palestinians. Al Jazeera and others cited Arab\u2013Israeli normalization as a key factor in Hamas\u2019 brutal October 7 attacks and the retaliatory razing of Gaza.)<\/p>\n<p>Russia had a similar epiphany. Once Trump was sworn in, Kushner became a Kremlin target second only to Trump himself. President Vladimir Putin, federal documents show, tasked businessman Kirill Dmitriev with courting top White House officials, and Dmitriev took a particular interest in Kushner. Now head of a Russian sovereign wealth fund, Dmitriev\u2014who was personally sanctioned by the US in 2022, along with the fund itself\u2014controls a massive trove of Kremlin assets. He also studied at Stanford and Harvard and once worked at the consulting firm McKinsey &amp; Company. \u201cIt was with Kushner that Dmitriev established the closest and most trusting relationship,\u201d the Russian outlet\u00a0<em>Novaya Gazeta<\/em>\u00a0noted. And that relationship would flourish again during Trump\u2019s second term, as Kushner\u2019s foreign ties came full circle.<\/p>\n<p><span>Kushner\u2019s assertion<\/span><span> that<\/span> he would play no role in a second administration crumbled as soon as Trump returned to power, and foreign regimes were quick to recapitalize on his proximity to the throne.<\/p>\n<p>Dmitriev is now steeped in negotiations to end the fighting in Ukraine on Russia\u2019s terms, with his old pal Kushner representing the United States. The Kremlin is dangling potential deals for US invest\u00adors that are reportedly worth\u00a0<em>trillions<\/em>\u00a0of dollars, if only America would lift its sanctions and welcome Russia back in from the cold. Kushner, meanwhile, has proved willing to peddle pro-Kremlin talking points time and again. In late 2025, he and special envoy Witkoff\u2014whose family and the Trumps co-founded World Liberty Financial, a crypto firm in which a top UAE official would later purchase a 49 percent stake\u2014publicized a \u201cpeace plan\u201d for Ukraine. But its provisions, from capping Ukraine\u2019s military to forcing Kyiv to cede territory that Russia hadn\u2019t even conquered, were conspicuously pro-Moscow.<\/p>\n<p>A Kremlin-friendly push by a US president with a mysterious Putin affinity might be unsurprising, but the details are galling. As investigative journalism site\u00a0the<em>\u00a0Insider<\/em>\u00a0revealed, Kushner\u2019s peace plan was in no way original. \u201cMany of its most controversial conditions were contained\u201d in a months-old Kremlin document the outlet had obtained. The plan was \u201cat its core a recycled Russian document,\u201d\u00a0the\u00a0<em>Insider<\/em>\u00a0wrote, with \u201cspecific language that appeared almost exactly word-for-word in an earlier text\u2014one drafted solely by Dmitriev.\u201d<\/p>\n<p>Israel also redoubled its relations with Kushner, whom Trump reappointed, with Witkoff, as a key interlocutor for the administration\u2019s Palestinian efforts. Left unacknowledged was the fact that Affinity Partners had secured financial deals in Israel and was therefore in a position to profit from the ongoing theft of Palestinian lands. In 2025, the Israelis approved Affinity\u2019s purchase of nearly 10 percent of an insurance and financing behemoth called Phoenix Financial Ltd., making Kushner\u2019s fund the largest shareholder. Phoenix is a bulwark for Israeli expansion in the Palestinian territories and Syria, enabling more building, construction, and imperialism.<\/p>\n<p>All of this has fattened Kushner\u2019s wallet, and by extension Ivanka Trump\u2019s. And yet the wars in Ukraine and Gaza are no closer to a conclusion. On September 16, 2025, a UN commission officially declared Israel\u2019s actions in Gaza a genocide.<\/p>\n<p>That same day,\u00a0<em>Forbes<\/em> declared Kushner a billionaire.<\/p>\n<p>While still juggling Ukraine and Gaza, Kushner added Iran to his remit. If his Israeli investments made him a bad choice to broker peace with the Palestinians, the billions Affinity has received from Iran\u2019s geopolitical rivals make his involvement in those negotiations just as shocking. His glaring conflicts of interest, combined with his lack of the knowledge and experience to lead such dicey negotiations, have resulted in what may be the greatest strategic failure of Trump\u2019s presidency. Those conflicts perhaps might be easier to overlook were Kushner a nuclear policy whiz or an Iran expert. Instead, life-and-death decisions, and the fate of world affairs, have been left to a naive oligarch who seems to believe his ascent to \u00adbillionaire-dom qualifies him to thread this difficult diplomatic needle.<\/p>\n<p>The\u00a0<em>Guardian<\/em>\u00a0reported in March that Kushner claimed he and Witkoff both have \u201ca pretty deep understanding of the issues that matter\u201d in the Iran negotiations. But if Kushner has any nuclear know-how or useful knowledge of Iranian history and policy, it wasn\u2019t evident during the failed negotiations that preceded the attacks Israel and the Trump administration unleashed in February without consulting Congress or America\u2019s other allies. \u201cI was very surprised that the United States would send two negotiators who clearly had done almost no research into Iran\u2019s negotiating history or even the basic facts surrounding the nuclear program,\u201d Kelsey Davenport, director of nonproliferation policy at the Arms Control Association, told me. \u201cYou don\u2019t have to be a nuclear physicist to negotiate an effective nuclear agreement, but you should be surrounded by nuclear experts.\u201d<\/p>\n<p>Kushner and Witkoff, by all appearances, misunderstood Iran\u2019s recent diplomatic history with the United States, not least the nuclear deal struck under President Barack Obama, which Trump scuttled during his first term. For instance, when Iranian negotiators turned down Kushner\u2019s offer of free nuclear fuel in return for ending the regime\u2019s nuclear fuel enrichment, Kushner apparently took it as a sign that Iran would never abandon its bomb-building efforts. He can be heard complaining, in an early March recording obtained by\u00a0<em>Mother Jones<\/em>, that Tehran was not taking the US position seriously and was responding simply with \u201cgames and tricks and denials.\u201d<\/p>\n<p>\u201cIran\u2019s response should not have been a surprise,\u201d said Davenport, whose organization has laid out perhaps the most thorough criticism of the US\u2013Iran communication breakdown. \u201cIran had been burned in the past on fuel supplies, and it views uranium enrichment, the production of fuel, as not only a source of pride, but also as a sovereign right.\u201d She added: \u201cWitkoff and Kushner fundamentally misread the Iranian position and jumped to conclusions about Iranian intentions that just aren\u2019t supported by the evidence.\u201d<\/p>\n<p>Yet despite the US contingent\u2019s technical ignorance and general obtuseness, the Iran\u00adians appeared willing to keep talking. The Omani foreign minister, who was helping mediate, cited \u201csubstantial progress\u201d between Washington and Tehran. And British mediators saw \u201cno compelling evidence\u201d of any imminent nuclear threat from Iran. That, too, appears to have been the conclusion of Trump\u2019s White House predecessors. But Kushner, parroting Netanyahu\u2019s rhetoric, claimed the Iranians \u201cbasically could have been days or weeks away from a weapon if they would have put the effort into it, and they had all the capability to accomplish that.\u201d<\/p>\n<p>That\u2019s the conclusion he took to Trump, resulting in a war that has destabilized the region, alienated US allies, and bled Americans\u2019 wallets. \u201cAll the reporting suggests that a strong deal was on offer had there been the patience and expertise from the US negotiating team\u2014and it appears Mr. Kushner was not interested in that level of patience, and investing the time and effort needed for intensive negotiations on nuclear policy,\u201d Jonathan Guyer, program director at Eurasia Group\u2019s Institute for Global Affairs, told me.\u00a0<\/p>\n<p>Kushner was, however, interested in soliciting new investments. The\u00a0<em>New York Times<\/em>\u00a0reported in March that, even as US bombs rained down on Tehran, he was meeting with foreign regimes, including the Saudis, to raise additional billions for Affinity. \u201cOther Middle Eastern sovereign wealth funds that invested earlier in Affinity, including those in the United Arab Emirates and Qatar, are also expected to be asked for more,\u201d the\u00a0<em>Times<\/em>\u00a0noted.<\/p>\n<p>And how could they say no?<\/p>\n<p>Back in DC, now that Kushner has his official title of special peace envoy, the law requires that he produce a financial disclosure. He hasn\u2019t, but a Republican-\u00adcontrolled Congress doesn\u2019t seem inclined to haul him in for a grilling. That could change if the Democrats retake either chamber in the midterms. \u201cCan you imagine, like, a normal, sitting US ambassador just hitting up Saudi grand Prince Mohammed bin Salman for billions of dollars?\u201d Democratic Georgia Sen. Jon Ossoff, looking very much like a 2028 presidential candidate, asked a crowd of supporters in a clip posted on TikTok in mid-April. \u201cNo!\u201d a man yells. \u201cBut he\u2019s a Trump!\u201d Ossoff adds perkily. \u201cA royal. A princeling!\u201d<\/p>\n<p>This past spring, Raskin, along with Wyden and Rep. Robert Garcia (D-\u00adCalif.), announced separate committee investigations into Kushner\u2019s conflicts of interest. \u201cKushner makes up for his flaws as an investor by being a wildly corrupt appendage of his father-in-law\u2019s wildly corrupt administration,\u201d Wyden said in a press release. \u201cThe guy is literally on the payroll of the Saudi government and trying to take even more of their money while simultaneously hijacking US foreign policy with his shadow State Department.\u201d<\/p>\n<p>Kushner, whose companies did not respond to questions for this story, may not be directly responsible for the Iran war\u2014the thousands of deaths, billions in damages, shortages of fuel and fertilizer and key metals, economic disruption, and, by some estimates, expenditure of nearly $50 billion in US military resources. That was Trump\u2019s call. But Kushner\u2019s leading role in the bungled negotiations makes him complicit in what, by most accounts, has been a costly and humiliating defeat for the administration\u2014and for the nation, whose alliances and global standing may never recover.<\/p>\n<p>In many ways, the Iran mess is a fitting capstone to Kushner\u2019s career to date. Rather than a seasoned diplomat with a deep understanding of Middle East policy and history, a person of integrity with no financial stake in the outcome, we got a feckless wheeler-dealer\u2014and a global quagmire. For Kushner, none of this appears to matter. He and his partners are traveling the world, gleefully raking in cash as they cultivate relationships with sordid regimes and kleptocratic leaders in the interest of making a buck. The world burns and Jared Kushner gets richer.<\/p>\n<p>It seems he was right when he said it\u2019s just different being a \u201cdeal guy.\u201d Never mind what that means for the rest of us.<\/p>\n<\/div>\n<footer>\n<section><h3>This is how change happens.<\/h3>\n<p>One story at a time.<\/p>\n<p>This investigative reporting takes time too. Months of research. Weeks of writing, editing, and fact checking\u2014and putting together the photography, art, video, and audio that tell the stories in a new way, illuminating new perspectives and voices.<\/p>\n<p><strong>We can afford to take our time because we don\u2019t report to oligarchs or corporations<\/strong>. <strong>We report to you, and for you<\/strong>.<\/p>\n<p>And the stakes are high. Democracy is on the defense. We\u2019ve been exposing corruption and scandal for five decades, and <strong>this is a pivotal moment in our country\u2019s history<\/strong>. Will democracy prevail? We won\u2019t wait for time to tell\u2014independent journalism is essential for democracy, and we\u2019ll keep doing our part to amplify the free press.<\/p>\n<p>So, we\u2019re asking: <strong>Will you join the fight<\/strong>? <em>Mother Jones<\/em> has been here for 50 years, and we need your support to fuel the future of investigative journalism. <strong>Mark our 50th anniversary with a gift of any amount<\/strong>.<\/p>\n<div>\n<div>\n<div>\n<\/div>\n<\/div>\n<\/div>\n<section>\n<div>\n<div>\n<div>\n<button>One-Time<\/button>\n<button>Monthly<\/button>\n<\/div><!--.row-->\n<div>\n<button>$<\/button>\n<button>$<\/button>\n<button>$<\/button>\n<\/div><!--.row-->\n<div>\n<button>Other Amount<\/button>\n<\/div><!--.row-->\n<div>\n<button>Continue<\/button>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" alt=\"Available payment methods include Visa, Master Card, Discover, and Paypal.\" class=\"wp-image-90\" height=\"60\" src=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918.png\" width=\"471\" srcset=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918.png 471w, https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918-300x38.png 300w\" sizes=\"auto, (max-width: 471px) 100vw, 471px\" \/><\/figure>\n\n<\/div><!--.row-->\n<\/div>\n<\/div>\n<\/section>\n<\/section><section><h3>This is how change happens.<\/h3>\n<p>One story at a time.<\/p>\n<p>This investigative reporting takes time too. Months of research. Weeks of writing, editing, and fact checking\u2014and putting together the photography, art, video, and audio that tell the stories in a new way, illuminating new perspectives and voices.<\/p>\n<p><strong>We can afford to take our time because we don\u2019t report to oligarchs or corporations<\/strong>. <strong>We report to you, and for you<\/strong>.<\/p>\n<p>And the stakes are high. Democracy is on the defense. We\u2019ve been exposing corruption and scandal for five decades, and <strong>this is a pivotal moment in our country\u2019s history<\/strong>. Will democracy prevail? We won\u2019t wait for time to tell\u2014independent journalism is essential for democracy, and we\u2019ll keep doing our part to amplify the free press.<\/p>\n<p>So, we\u2019re asking: <strong>Will you join the fight<\/strong>? <em>Mother Jones<\/em> has been here for 50 years, and we need your support to fuel the future of investigative journalism. <strong>Mark our 50th anniversary with a gift of any amount<\/strong>.<\/p><p>Read more <a href=\"https:\/\/movingandmortgagehub.com\/?p=444\">World Cup Players\u2019 Worst Foe on the  Pitch This Year May Be the Extreme Heat<\/a><\/p>\n<div>\n<div>\n<div>\n<\/div>\n<\/div>\n<\/div>\n<section>\n<div>\n<div>\n<div>\n<button>One-Time<\/button>\n<button>Monthly<\/button>\n<\/div><!--.row-->\n<div>\n<button>$35<\/button>\n<button>$50<\/button>\n<button>$100<\/button>\n<\/div><!--.row-->\n<div>\n<button>Other Amount<\/button>\n<\/div><!--.row-->\n<div>\n<button>Continue<\/button>\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" alt=\"Available payment methods include Visa, Master Card, Discover, and Paypal.\" class=\"wp-image-90\" height=\"60\" src=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918.png\" width=\"471\" srcset=\"https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918.png 471w, https:\/\/movingandmortgagehub.com\/wp-content\/uploads\/2026\/05\/b47c6c719a6fe58d605cda1de8991918-300x38.png 300w\" sizes=\"auto, (max-width: 471px) 100vw, 471px\" \/><\/figure>\n\n<\/div><!--.row-->\n<\/div>\n<\/div>\n<\/section>\n<\/section>\n<\/footer><!-- .entry-footer -->\n<\/article>","protected":false},"excerpt":{"rendered":"<p>How Donald Trump\u2019s son-in-law used his position to hop in bed with autocrats\u2014and sell out America.<\/p>\n","protected":false},"author":1,"featured_media":451,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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