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Drop Site reported that Iran warned Vice President JD Vance that "the pair were more interested in exploiting insider knowledge of the negotiations to profit in financial markets than they were in reaching a deal."
Iranian officials reportedly warned US Vice President JD Vance late last month that two officials leading the Trump administration's diplomatic efforts in the Middle East—special envoys Steve Witkoff and Jared Kushner—were trying to profit from their proximity to critical negotiations rather than working to secure a lasting peace agreement.
According to Drop Site, which cited an unnamed Iranian official, "Iran conveyed to Vance that the pair were more interested in exploiting insider knowledge of the negotiations to profit in financial markets than they were in reaching a deal." The Iranian side also "expressed concern about repeated leaks from Kushner to Israeli Prime Minister Benjamin Netanyahu."
Iranians estimated that people with inside information have raked in $9 billion in profits stemming from financial market moves related to the US-Israeli war on Iran, which sparked significant volatility in energy and equity prices.
On several occasions during the war, massive trading volumes have closely preceded major conflict-related announcements by US President Donald Trump. (Kushner is Trump's son-in-law, and Witkoff is a close personal friend of the president.)
Mohammad Bagher Ghalibaf, speaker of the Iranian Parliament and the country's top negotiator, accused the Trump administration in March of peddling "fake news" to "manipulate the financial and oil markets and escape the quagmire in which the US and Israel are trapped."
According to Drop Site, Iranians "conveyed through intermediaries" that $4.5 billion of profits allegedly accumulated through market manipulation should be "allocated to the Iranian side."
“The exchanged texts will ultimately become part of the historical record," said the unnamed Iranian official.
The Trump administration denied that Vance received messages from the Iranian side related to Kushner and Witkoff, and accused Drop Site journalists of being "so filled with hate for America and devoid of respect for themselves that they have become full-throated propagandists for the Iranian regime."
Concerns that Kushner and Witkoff's personal and familial financial interests could influence their approach to diplomatic talks are hardly new.
"The public has no reason to trust Jared Kushner’s integrity as a government official to put their interests above his financial benefit," Donald Sherman, president of Citizens for Responsibility and Ethics in Washington, said after Trump formally named Kushner a special peace envoy in February.
Less than a month later, The New York Times reported that Kushner was trying to raise at least $5 billion in funding for his private equity firm, Affinity Partners, from Middle East governments. Saudi Arabia's Public Investment Fund is the largest investor in Affinity.
Witkoff, a real estate investor, has also faced scrutiny for potentially massive conflicts of interest.
Rep. Greg Stanton (D-Ariz.) noted during a House hearing last month that Witkoff "co-founded the cryptocurrency venture firm World Liberty Financial, alongside President Trump and President Trump’s children."
Stanton continued:
Days before Trump’s second inauguration, a firm controlled by a member of the royal family of the United Arab Emirates, Sheikh Tahnoon, bought a 49% stake in the company. That was a $500 million investment. $31 million of that went straight to the Witkoff family.
Witkoff was still a financial stakeholder in World Liberty as he was simultaneously leading high-level US government negotiations in his role as special envoy. One of those negotiations was over the export of America’s most advanced AI chips to the UAE, negotiations personally attended by Sheikh Tahnoon.
Drop Site's reporting came as the Trump administration on Wednesday expanded its aerial assault on Iran, hitting targets in the northern part of the country as the prospect of a negotiated resolution appeared increasingly remote. Recent US strikes have killed more than 30 people and wounded hundreds of others, according to Iranian officials.
Iran said it retaliated with strikes on US military installations in the region, including in Kuwait and Bahrain.
"One week later, we are still here, stronger than yesterday," said one group opposing a proposed luxury resort project supported by Jared Kushner.
Albanians took to the streets in droves for the eighth consecutive day on Sunday to protest a proposed $1.6 billion luxury resort complex backed by US President Donald Trump's son-in-law, Jared Kushner, one of several investors in the project, which opponents say is both corrupt and disastrous for wetlands and wildlife.
"One week later, we are still here, stronger than yesterday," said the Albanian Ornithological Society, a leading critic of the proposed development. "Millions around the world are united in one voice for nature, for justice, and for the protection of what belongs to everyone, standing for every protected area in Albania."
Albanian Prime Minister Edi Rama has vocally defended the project amid mounting public backlash, saying in a recent interview that the land marked for development "belongs to the investors," not the Albanian people.
Rama also criticized the thousands of people who have turned out to protest the luxury hotel project as well as international media coverage of the demonstrations, saying that "there is no chance" that "the projects in Albania will be defined by street protests."
Albanian Prime Minister Edi Rama admits Jared Kushner’s new private island will be exclusively for the elite.
He says the land no longer belongs to the Albanian people and is now under the control of Jared Kushner and his investors.
"The aim is to build the most exclusive."… pic.twitter.com/95IM0YX6xI
— Shadow of Ezra (@ShadowofEzra) June 7, 2026
Demonstrators, many raising pink flamingo cutouts to decry the project's expected impacts on the vulnerable bird and other wildlife, have demanded cancellation of the resort project and Rama's resignation, accusing him of steamrolling environmental concerns to bolster the country's tourism industry and curry favor with the Trump administration. Kushner currently works for the administration as a "special peace envoy."
"We are stronger than your bulldozers," chanted demonstrators over the weekend.
Thousands of Albanians took to the streets of Tirana in the largest protest this week against a plan by a company linked to Trump's son-in-law to build a luxury resort in an environmentally sensitive area pic.twitter.com/aJaKz3ju0A
— Reuters (@Reuters) June 7, 2026
As The New York Times reported last year, Rama heads the government committee that gave "Kushner and his business partners the right to move ahead with accelerated negotiations to build the luxury resort on a 111-acre section of the 2.2-square-mile island of Sazan that will be connected by ferry to the mainland."
"Mr. Kushner’s Affinity Partners, a private equity company backed with about $4.6 billion in money mostly from Saudi Arabia and other Middle East sovereign wealth funds, is pursuing the Albania project along with Asher Abehsera, a real estate executive that Mr. Kushner has previously teamed up with to build projects in Brooklyn, New York," the Times added.
Lea Ypi, an Albanian academic, wrote in an op-ed for The Guardian on Monday that "Albanians know that real-estate speculation without state support means ordinary citizens will struggle to buy a flat or pay the rent."
"They know that luxury tourism means holidays in your own country become a privilege for the few," Ypi added. "With no unions to speak of and a labor movement that only appears in communist-era footage of May Day parades, work conditions are so exploitative that only those from countries even more desperate are willing to take the jobs that arise."
"Barbed wire cannot silence people," said one conservationist. "A protected landscape of global importance is under attack, and people are demanding an end to the devastation."
As President Donald Trump's son-in-law Jared Kushner moves forward with plans to build a luxury resort on one of the last untouched parts of the Mediterranean coast, thousands of Albanians have taken to the streets in protest.
On Tuesday evening, a throng gathered outside the office of Albanian Prime Minister Edi Rama in the capital Tirana, holding inflatable flamingos and signs reading "Nation is not for sale" and "I don't want Albania like Dubai," Reuters reported.
Kushner's investment firm, Affinity Partners, is seeking to build a €1.4 billion ($1.6 billion) resort on the uninhabited island of Sazan and around 10,000 hotel rooms and villas along a stretch of coastline near the protected wetland of Vjosa-Narta.
According to BirdLife International:
The area shelters over 70 endangered species and more than 200 bird species, including flamingos and Dalmatian pelicans. It sits on the Adriatic Flyway, a critical migration corridor for millions of birds traveling between Africa and Europe each year. The surrounding waters are among the last Mediterranean refuges for the Mediterranean monk seal, one of the world’s most endangered marine mammals, and a key nesting ground for the loggerhead sea turtle.
In February 2024, Albania's parliament amended its protected areas law to allow the development of luxury resorts. Just weeks later, Kushner announced plans to build in Albania, which spurred an investigation by anti-corruption prosecutors.
Kushner himself has not been accused of any wrongdoing, but protesters view the construction of the sprawling complex as a symbol of the country being sold out to powerful oligarchs without their consent.
"We have a protected area, but above all, our state has allowed construction work to continue without consultation and without transparency," said Klajdi Belo, an activist who attended a demonstration on Monday, told Euronews.
Activists have said bulldozers have begun tearing through the coastline and gravel has already been dumped on age-old sand dunes—damage that could take hundreds of years to repair. Meanwhile, a large barbed-wire fence has been erected, blocking public access to the beach.
Over the weekend, protesters assembled outside the barricades surrounding the development near the coastal village of Zvërnec.
"Don't defend the oligarchs!" one man was seen shouting into a megaphone. "Those are the citizens' properties!"
During these protests, a video captured an activist being dragged along the ground by a group of black-shirted security contractors.
"There is great public outrage over what is happening in Albania, but the spark was what happened in Zvërnec," said Arilda Lleshi, who said the man and others were there because they were "protesting against a fence that had been installed there illegally."
As activists have called for heavy machines to be removed from the protected area, Rama has said no amount of public backlash will lead him to abandon the project.
"Under no circumstances do we receive the stigma of being a country where investors are met with hostility," he said in a statement to Reuters. "There is absolutely no chance that the investment will stop as long as I am here."
Anouk Puymartin, head of policy for BirdLife Europe and Central Asia, said that it's not just the habitat of endangered species at stake, but the question of whether longstanding environmental protections can be shredded at the whim of the wealthy.
"Barbed wire cannot silence people. Thousands have taken to the streets of Tirana to defend Vjosa-Narta from destruction driven by private profit," Puymartin said. "A protected landscape of global importance is under attack, and people are demanding an end to the devastation."
Ivanka Trump, the US president's daughter and Kushner's wife, has come under scrutiny for her comments about the development project recently, which were blasted as "out of touch."
In a recent interview, the Trump heiress described being inspired to purchase the island of Sazan while vacationing there years ago: “We were on a friend’s boat, and we stopped for a swim. Effectively, that’s how we found it. We swam to the islands. We went on a hike, barefoot all the way, up to the top. And we were just captivated.”
She described the project of developing the island as part of an effort to "help realize its potential" and described it as "the culmination of all of my experience in real estate, all of my travel, a lot of reflection on how I want to live."
But Puymartin describes the project as an encroachment by private wealth onto land that was previously held for the benefit of everyone.
"Nature belongs to everyone, not a handful of investors," she said. "The horrendous situation in Vjosa-Narta shows why laws are crucial to protect both people and nature. But those protections mean little if governments fail to uphold them."
Buying Trump's meme coin is like investing in "a pet rock, except you don't even get a rock" out of the deal, said economist Steve Rattner.
Since returning to office a little more than a year ago, President Donald Trump has nearly tripled his net worth, driven in large part by investments in his family's cryptocurrency ventures.
Appearing on MS NOW on Friday morning, economist Steve Rattner broke down how Trump's net worth has exploded from $2.34 billion in 2024 to an estimated $6.5 billion in 2026.
"So where did the money come from? He had $4 billion, he and his family, of profits," Rattner said. "$3 billion of it came from crypto, and I will tell you, there are so many transactions here, so many structures, that made my head hurt trying to understand it."
In addition to the crypto ventures, Rattner pointed to Trump son-in-law Jared Kushner raising money from investors in the Middle East through his investment firm Affinity Partners; increased revenue that came from raising admission fees to his Mar-a-Lago resort; and money he'd obtained from lawsuits against assorted media companies.
Rattner then explained the finances of the Trump meme coin, which he described as investing in "a pet rock, except you don't even get a rock" out of the deal.
"He sold them initially at $7, it went up to $45, not surprisingly it crashed," Rattner said.
However, Rattner said that early investors in the cryptocurrency, whom he described as "whale wallets," managed to profit handsomely from the venture by buying up large numbers of Trump coins and then selling them to retail investors, who were left holding the bag when the coin's value fell precipitously shortly after its launch.
"Let me just emphasize, it's not like [the retail investors] got anything," he added. "All they got, in effect, was like a little note, a little email or something, saying, 'Congratulations, you own 10 Trump meme coins.' But there's nothing they can do with it. They were buying nothing, they were buying air."
The economist did note that Trump made $600 million in trading fees that investors paid to carry out transactions of the coin.
After his appearance on MS NOW, Rattner posted a photo on social media of a graph he made to document the rise in Trump's wealth over the last two years.
Trump’s net worth has nearly tripled in his second term, reaching $6.5 billion.
His administration is the most brazenly self-enriching in American history.
My @Morning_Joe Chart. pic.twitter.com/pLQcU0ySVF
— Steven Rattner (@SteveRattner) May 1, 2026
"[Trump's] administration," Rattner commented, "is the most brazenly self-enriching in American history."
US President Donald Trump complained that his envoys' planned trip to Pakistan's capital would be "too much work."
US President Donald Trump on Saturday abruptly canceled a planned visit by two of his administration's negotiators to the Pakistani capital for diplomatic talks to end his illegal war on Iran, complaining that the trip would be "too much work."
The president announced his decision after Iranian Foreign Minister Abbas Araghchi left Islamabad on Saturday, writing in a social media post that he relayed to Pakistani officials "Iran's position concerning a workable framework to permanently end the war on Iran." Araghchi added that he has "yet to see if the US is truly serious about diplomacy."
Iranian officials said repeatedly in recent days that they had no intention of engaging in direct talks with the Trump administration this weekend as long as the US naval blockade remained in effect. Despite clear statements from Iran's leadership, the Trump White House insisted that special envoys Jared Kushner and Steve Witkoff would be holding another round of direct negotiations with Iranian officials in Islamabad after earlier talks ended without a deal.
"This has happened repeatedly: Trump claims the Iranians are begging for talks, Iran says it is false," observed Drop Site's Jeremy Scahill. "The US says Iran is lying, and then it becomes clear Iran meant what it said."
In an assessment published before Trump canceled his envoys' trip, Scahill wrote that "there is no question it is the US that is seeking direct talks right now, not Iran."
"Iran still believes it is likely the US and Israel will resume the war and has indicated it has prepared new forms of retaliatory strikes and other actions, including in the Strait of Hormuz," Scahill added. "Its military commanders have said that while the US has moved more military assets into the region during the 'ceasefire,' Tehran has also taken this period to prepare its own weapons systems for more fighting."
Trump insisted Saturday that his administration—whose deeply unpopular and deadly war of choice has sparked a global economic disaster—holds "all the cards" and that Iranian leadership is in turmoil. But Sina Toossi, a senior fellow at the Center for International Policy, wrote that "Trump can’t hide exuding desperation for a deal."
"So he invents 'fractures' in Tehran to explain being repeatedly stood up," Toossi added. "Iran’s line is unchanged: demanding the blockade be lifted and holding on to its core red lines. They’re playing hardball. He’s spinning."
Trump's cancellation of the Kushner-Witkoff trip came hours after NBC News reported that "American military bases and other equipment in the Persian Gulf region suffered extensive damage from Iranian strikes that is far worse than publicly acknowledged and is expected to cost billions of dollars to repair."
"The Iran war was a tactical and strategic disaster," said Toossi. "Despite heavy efforts to control the narrative, it’s becoming clear just how much US bases and equipment in the region were damaged or destroyed. The war backfired and inflicted far more damage than its proponents want to admit."
How long must the US war on Iran go on, and how badly must the US be defeated, before it will agree to a permanent peace?
The US government under Donald Trump has twice used disingenuous negotiations with Iran to provide cover for attacking it, in June 2025 and again before launching the current war in February. Now it is trying to do so for a third time.
On April 8, the US and Iran began a two week ceasefire, after Trump accepted a 10-point peace plan drawn up by Iran as “a workable basis on which to negotiate.” But Vice President Vance and US negotiators rejected Iran’s plan out of hand at talks in Pakistan on April 11, and instead demanded that Iran must give up its right as a member of the Nuclear Non-Proliferation Treaty (or NPT) to enrich uranium for civilian purposes. The talks ended with no agreement.
As the end of the ceasefire on April 22 drew near, Trump claimed that Iran had agreed to US demands on enriched uranium and other matters. But Iran announced to the world on April 18 that it had not agreed to any of the terms Trump claimed, and that his lies and threats provided no basis for further negotiations. Iran then responded to US and Israeli ceasefire violations by once again closing the Strait of Hormuz to all vessels linked to hostile countries.
In other words, Iran called Trump’s bluff, holding the US to the terms of the two-week ceasefire. But Trump didn’t give up on his false claims, and instead insisted that Iran had agreed to another round of talks in Pakistan on April 21st, which Iran immediately denied.
The reversal in US policy that it would take to resolve this crisis would not be unprecedented.
As the April 22 deadline approaches with no agreement, many analysts now expect the end of the ceasefire to be followed, within hours or days, by a US escalation of the war and a proportionate military response from Iran, with no clear off-ramp from further escalation.
But this could be averted by a belated but genuine US reappraisal of its position, based on Iran’s ten point proposal that Trump accepted as “a workable basis on which to negotiate.”
If the United States government really wants an exit strategy from this self-imposed, ever-escalating war, it should take a fresh look at Iran’s ten point peace plan, and seriously consider how it can engage with this framework to turn over a new leaf in its relations with Iran and the region.
These are the ten points, as reported by Gulf News:
Since the United States has failed to use the two-week ceasefire to negotiate on this “workable basis,” it will be up to Iran to decide whether to agree to extend the ceasefire so that the US and Iran can finally start real negotiations.
This would require the US to begin acting in good faith, an inherently tall order, to convince Iran that it would not just use an extension of the ceasefire to prepare an even more deadly and catastrophic attack. It should immediately lift its naval blockade of Iran, stop transporting more armed forces into the region, and do whatever it takes to end Israel’s ceasefire violations in Lebanon and Palestine, including by halting the transfer of weapons that Israel uses to violate those ceasefires, as US law requires.
Without such confidence-building measures, it is hard to see why Iran would agree to an extension of the ceasefire. As Professor Mostafa Khoshcheshm in Tehran explained to Al Jazeera, Trump’s lies convinced Tehran it would not find “a trustworthy partner for any kind of deal,” and, as long as the US acts this way, “Iran will continue the war.”
“Iran believes it has the upper hand and that this must be established in any future confrontation,” he said, noting that millions of people are still taking to the streets in Iran every night to call for continued resistance.
Maybe the most vital of Iran’s ten points is the first one listed above: a guarantee that Iran will not be attacked again, either by the United States or Israel. Trump’s war crimes, his undermining of US credibility and his connivance at Israel’s ceasefire violations make such a guarantee elusive, although it is only what international law requires of all countries, that they resolve their disputes peacefully and refrain from threatening or using military force against each other.
What form of guarantee could Iran possibly accept from a country that systematically violates treaties and agreements? Engaging in good faith negotiations over the rest of Iran’s 10-point agenda, especially the lifting of US sanctions, while also moving to restore diplomatic relations, might be good first steps.
The reversal in US policy that it would take to resolve this crisis would not be unprecedented. Vietnam, Iraq, and Afghanistan all forced US forces to withdraw from their countries. But those were much longer wars, involving many years of US occupation that went on until popular resistance movements made continued occupation untenable.
How long must the US war on Iran go on, and how badly must the US be defeated, before it will agree to a permanent peace? This crisis can be as long or as short, and as bloody or bloodless, as US leaders choose, and as the American people will tolerate.
The lifting of illegal US sanctions against Iran (#4 on the list) would be a vital part of any solution to this crisis. This would surely be good for both countries, and the United States would be less likely to attack Iran again if the US and Iran have reestablished mutually profitable trade relations.
Ending Israel’s attacks on Iran’s allies (#3), and a broader framework to end regional hostilities (#10) are both steps that most Americans would support. The failure of the US-Israeli war on Iran could be the desperately needed catalyst for the US to transform a US-Israeli military alliance that is committing genocide in Palestine and aggression throughout the region into a new and different relationship bounded by the rules of international law.
A US military withdrawal from its bases around the Persian Gulf could prevent the countries that host them from again becoming targets in US-Israeli wars on Iran, so it is interesting that Iran doesn’t mention them in its ten points. Perhaps Iran sees the value of these US bases as vulnerable targets in this and future wars as outweighing any threat they might pose, but that would be one more reason for the United States to withdraw from them before they cost more American lives.
There is a simple way to avoid one of the most destructive elements in recent failed negotiations with Iran, and that would be to remove Steve Witkoff and Jared Kushner from the US negotiating team.
The other five items in the ten-point agenda are all related to the Strait of Hormuz. The strait is within Iran’s and Oman’s territorial waters, although charging ships to pass through it is unprecedented and legally questionable. It is really the US and Israel that should pay reparations to Iran for the death and destruction they have wreaked, not the owners of international merchant ships. But if the US will not agree to pay reparations, Iran’s tollbooths may be a compromise that all sides can live with in order to reopen the strait, as Iran itself calls for in item # 5.
There is a simple way to avoid one of the most destructive elements in recent failed negotiations with Iran, and that would be to remove Steve Witkoff and Jared Kushner from the US negotiating team. Discussing prior negotiations, a diplomat from one of the Gulf countries told The Guardian, “We regarded Witkoff and Kushner as Israeli assets that dragged a president into a war he wants to get out of.”
Given Witkoff and Kushner’s foreign loyalties, Trump’s lies and corruption, Rubio’s subservience to Israel, and Hegseth’s bloodlust, the United States can surely find more professional officials to represent it in these difficult negotiations, which have only been made more difficult by the flood of threats, lies and deception from the US side.But since the United States has not really tried to make peace wit Iran since abandoning the JCPOA in 2018, a new team of qualified, experienced US diplomats charged with turning over a new leaf in US-Iran relations could start with a clean slate, and they would have the support of the whole world behind their efforts to resolve this global crisis.
"You cannot faithfully represent the United States with billions of dollars in Saudi and Emirati cash burning a hole in every pocket of every suit you own," said Rep. Jamie Raskin.
The ranking Democrat on the House Judiciary Committee on Friday morning announced a "sweeping" probe into alleged self-enrichment by Jared Kushner, the son-in-law of US President Donald Trump who has served as a high-profile White House envoy in the Middle East while also, according to Congressman Jamie Raskin, "soliciting billions of dollars from Gulf monarchies for [his] private business ventures."
In a letter addressed to Kushner, the Maryland Democrat charges that by pushing for investments in his international investment firm, A Fin Management LLC (Affinity), while also serving as “Special Envoy for Peace” for the Trump administration, he has created "a glaring and incurable conflict of interest" in the eyes of the American people.
While Raskin points out that Kushner repeatedly vowed to stay out of government during Trump's second term and, going further, said he would not raise funds for Affinity during that time, both promises were "quickly" broken.
In April of 2022, the New York Times reported how Kushner had secured a $2 billion investment from a sovereign wealth fund directed by Saudi Crown Prince Mohammed bin Salman, also known as MbS. In 2018, during Trump's first term, investigations were demanded over accusations that previous financial ties meant that MbS had Kushner "in his pocket."
According to Raskin's letter on Friday:
Mr. Kushner’s investment firm, Affinity Partners, has amassed approximately $6.16 billion in assets under management—including $1.2 billion in the past year alone—with an extraordinary 99 percent of its funding derived from foreign nationals. These include sovereign wealth funds operated by the governments of Saudi Arabia, the United Arab Emirates, and Qatar. At the same time, Mr. Kushner has assumed a central role in sensitive geopolitical negotiations across the Middle East and beyond.
Despite explicit public assurances that he would avoid both government service and fundraising during President Trump’s second term, Mr. Kushner has done precisely the opposite. He has inserted himself into the world’s most volatile global conflicts as one of the United States’ chief negotiators all while deepening his financial reliance on, and entanglement with, foreign governments.
Citing the horrific US complicity in Israel's ongoing attacks on Gaza as well as Trump's illegal war of choice against Iran, Raskin's letter to Kushner charges that "your decision to play completely irreconcilable and unethical dual roles has been haunting American foreign policy since President Trump returned to Washington in 2025."
Noting that the Crown Prince of Saudi Arabia remains "your largest investor through Affinity and thus possesses significant financial leverage over" Kushner, Raskin explains to the president's son-in-law in his letter that "you cannot both be a diplomat and a financial pawn of the Saudi monarchy at the same time; you cannot faithfully represent the United States with billions of dollars in Saudi and Emirati cash burning a hole in every pocket of every suit you own."
Due to these concerns, explained Raskin, the House Committee on the Judiciary investigation will probe "your conduct and that of your firm with the goal of learning information critical to reforming our bribery laws, conflict of interest provisions, other statutes and rules governing the conduct of government and special government employees, and FARA."
Offering a list of requests, the letter demands that Kushner provide a detailed account of his communications with various investment partners and entities related to his business dealings and that of his work as special envoy to the president, with a deadline of April 30 to comply.
"This investigation will be a priority for our Committee in the coming period," Raskin's letter states. "We expect your full cooperation and that you will provide us with all relevant documents that touch upon how your business interests, family wealth, and governmental duties and missions have merged and converged."
"While US servicemembers die in another forever war in the Middle East, Donald Trump’s 'peace envoy' is raising money for his private equity firm," wrote US Sen. Elizabeth Warren.
Jared Kushner, US President Donald Trump's son-in-law, is reportedly trying to entice governments in the Middle East to invest billions in his private equity firm while he simultaneously works as "a special envoy for peace"—a role he appears to have used to help convince Trump to wage war on Iran.
The New York Times reported late last week that Kushner "has spoken with potential investors in recent weeks about raising $5 billion or more for Affinity Partners, his investment firm."
Citing five unnamed people with knowledge of the talks, the Times reported that "Affinity’s representatives have already met with Saudi Arabia’s Public Investment Fund," Affinity's largest investor. Saudi Arabia's leader, Crown Prince Mohammed bin Salman, reportedly played a significant role in the behind-the-scenes lobbying campaign urging Trump to attack Iran—Saudi Arabia's top regional rival.
Bin Salman controls the Saudi Public Investment Fund, which pumped $2 billion into Kushner's firm in 2022.
"Mr. Kushner’s fundraising is expected to stretch on for the better part of this year," the Times added. "The efforts show the blurring of the lines between public service and private profit-seeking during Mr. Trump’s second term. Only a few weeks ago, in his role as Mr. Trump’s 'peace envoy,' Mr. Kushner met in Geneva with Iran’s foreign minister. The US and Israeli bombing campaign in Iran began shortly after those meetings concluded without a deal on Iran’s nuclear program."
Last week, Trump said he decided to attack Iran in coordination with Israel—whose prime minister, Benjamin Netanyahu, is a personal friend of Kushner's—because the president "thought they were going to attack us," a view he claimed to have reached after listening to "what Steve [Witkoff] and Jared and Pete [Hegseth] and others were telling me."
US Sen. Elizabeth Warren (D-Mass.) wrote in response to the Times reporting that "while US servicemembers die in another forever war in the Middle East, Donald Trump’s 'peace envoy' is raising money for his private equity firm."
Abbas Araghchi, Iran's foreign minister, wrote in a social media post on Sunday that a "fair and equitable deal" between the US and Iran "was within reach" before Trump and Netanyahu started bombing.
"Those providing poor advice to POTUS are responsible for bloodshed," Araghchi wrote, attaching a screenshot of the Times story on Kushner's fundraising efforts. "This war is imposed on both Americans and Iranians."
I've been told that family of a U.S. soldier killed in the war of choice on Iran is relying on public donations.
As fair and equitable deal was within reach, those providing poor advice to POTUS are responsible for bloodshed.
This war is imposed on both Americans and Iranians. pic.twitter.com/fR15XKjfYk
— Seyed Abbas Araghchi (@araghchi) March 15, 2026
Judd Legum, founder and author of the Popular Information newsletter, noted last week that Kushner's participation in the Geneva diplomatic talks that preceded the US-Israeli assault on Iran "violated his pledge not to be involved in foreign policy in a second Trump administration."
On Monday, Legum observed that Kushner also said in December 2024 that his private equity firm would not "have to raise capital for the next four years," allowing him to "avoid any conflicts" of interest.
Trump formally named Kushner a "special envoy for peace" last month, a move that means the president's son-in-law is now required by law to file a financial disclosure report. Kushner has just days left before the 30-day deadline to file the disclosure.
Donald Sherman, president and CEO of Citizens for Responsibility and Ethics in Washington, wrote in a letter to the White House last week that "Mr. Kushner’s history of financial gains resulting from his time as a White House advisor during President Trump’s first term raises serious concerns about potential conflicts of interest that must be addressed before Mr. Kushner participates in any additional matters that may relate to his own financial interests or those of his investors."
"The risk of Mr. Kushner’s potential conflicts is particularly concerning because his private investment firm has very publicly done significant business with foreign partners who also have interests in the conflicts on which he has been assigned to work," Sherman noted.
The bottom line is that Palestinians have never been permitted the human right to make their own decisions; the results have been devastating both for them and for the region.
When President Donald Trump convened his so-called Board of Peace in Davos, Switzerland, a key item on the agenda was to endorse his son-in-law Jared Kushner’s extravagant (and, I might add, detached from reality) plan for a “New Gaza.” The rendering of Kushner’s scheme shows it to be more of a luxury resort for wealthy tourists than the foundation of a just future for the Palestinian victims of Israel’s genocide. But since the raison d’être of the Board of Peace was supposed to be dealing with the aftermath of Israel’s war on Gaza, the conversation, by necessity, had to address the needs of hundreds of thousands of now-homeless Palestinians.
Thus, Kushner presented a proposal for a model Palestinian community—the “New Rafah”—he intends to build to house Palestinians in Gaza. The plans for this New Rafah have been circulated since the meeting. Everything is covered: how Gaza’s economy will run; how its educational and health systems will create a new generation of hale and non-ideological Palestinians; and how the “new cities” will be laid out, function, and be governed. And everything has been calculated down to how many teachers, doctors, judges, religious leaders, and laborers will be needed per capita in each community.
If Kushner were preparing an owner’s manual for a complex piece of machinery or the instructions for installing and operating new software, this plan might seem flawless. But Palestine isn’t a video game, and Palestinians are human beings, not Lego pieces to be assembled, as per the instructions. Like every other people on Earth, Palestinians have emotional ties to their homes and families, and memories of the personal and collective injustices they have endured. This failure to consider the fullness of Palestinian humanity is the fatal flaw that will either stop the New Rafah before it begins or cause it to unravel soon afterward.
The refusal of those who have held power over Palestine to acknowledge the grievances and aspirations of its Indigenous Arab people isn’t new. In fact, it has defined their history.
Instead of acting to support Palestinians as their rights were systematically trampled, the US and other Western states have historically blamed Palestinians, while exonerating themselves and Israel.
For example, in 1919, when the British Lord Balfour was presented with the findings of the US-commissioned survey of Arab attitudes, which demonstrated their overwhelming rejection of his intent to grant the Zionist movement a homeland in Palestine, he famously responded, “In Palestine, we do not propose even to go through the form of consulting its inhabitants as to their wishes... Zionism… [is] of far profounder import than the desire and prejudices of the 700,000 Arabs who inhabit that ancient land.”
And Palestinians were not consulted when the United Nations drew up grossly unfair maps to partition Palestine into Jewish and Arab states. Those maps gave the Jewish community over one-half of the land (despite its being less than a third of the population). The maps were rejected by Palestinians because more than half a million of them were disenfranchised without any say in the matter. Nor did Palestinians receive support when 650,000 of their brethren were expelled from the newly created Israel in 1948, or when, after the Oslo Accords, neither the UN nor the US would hold Israel accountable for sabotaging the peace plan through settlement expansion, land seizures, the erection of a wall, and the deliberate obstruction of the development of a Palestinian economy.
Instead of acting to support Palestinians as their rights were systematically trampled, the US and other Western states have historically blamed Palestinians, while exonerating themselves and Israel. The result of this century of systematic abuse and denial of rights has been to create a Palestinian community that is justifiably embittered and losing hope. And when they express these feelings, their grievances are dismissed and they are told to just “deal with it”—something that would never be said to, for example, Israelis or the Jewish people. This is because US policymakers understand the full humanity of the Jewish community. They understand their history of the losses they have experienced and their need to be respected and heard.
What we are seeing in the wake of the genocide in Gaza and in the midst of the state-sanctioned ethnic cleansing and erasure of Palestinian communities in the West Bank is just the same story playing out one more time. Every effort is made to make Israelis feel secure, while Palestinians are expected to lose their homes, families, and memories, and be resigned to being moved about like pawns on a chessboard and be grateful to have the opportunity to live in a model city once they have been properly vetted, biometrically identified, and de-radicalized. The bottom line is that Palestinians have never been permitted the human right to make their own decisions. The results have been devastating both for them and for the region. The reason behind the wars that have been fought and the aberrant behavior of some elements of Palestinian society can be found in one simple fact: the refusal to allow Palestinians the freedom to determine their future in a manner that recognizes the fullness of their humanity.
We’ve polled throughout Palestine a number of times in the past few years, and what we’ve found is that Palestinians don’t want to live under the control of Israel or any other external powers. They want the Israeli occupation to end, national unity of all factions in all parts of their country, and to hold a national referendum to elect new leaders and develop a plan for governance that can move them toward freedom and independence. They deserve nothing less.
The board's vision for Gaza is a greed-soaked plan dependent on mass murder and land theft, driven by men so wealthy and entitled that they believe they can escape accountability while reaping billions in profit in the process.
While the sheer pomposity, Trumpian megalomania, and painfully paradoxical context surrounding the so-called “Board of Peace” might tempt some to dismiss it as mere spectacle or farce, its criminal, inhumane, and hegemonic nature makes it far too dangerous to ignore.
Last month, President Donald Trump and his new, thuggish boys’ club of heads of state publicly celebrated the launch of the Board of Peace (BoP) at the World Economic Forum in Davos. Its hypocrisy was inadvertently underscored by Elon Musk—Trump’s on-again, off-again ally—when he quipped onstage that one might call it the Board of “p-i-e-c-e,” a venture devoted to claiming “a little piece of Greenland, a little piece of Venezuela,” to which his interviewer, Larry Fink, billionaire CEO of BlackRock, responded with cheer, “We got one.” Only a room filled with the world’s tech and business elite could find this funny.
In the weeks since, people of conscience around the world have been left to reckon with what may come of this brazen proclamation of a Trumpified world order. In particular, the board’s presentation of plans for “New Gaza” offered stark clarity about the greed-driven intentions Trump, his inner circle, and their Israeli billionaire partners seek to pursue, while raising a fundamental question as to how such a project of colonization and land theft could claim any legal basis at all, let alone a moral one.
As it stands, the BoP charter elevates Trump to a position akin to a global dictator for life, unchecked—on paper— by any external mechanisms of accountability or transparency. Acting as permanent chairman, chief executive, and controlling shareholder of the organization, Trump has declared that he holds absolute veto power, while retaining complete discretion over the potential multibillion-dollar slush fund generated through permanent member fees. In keeping with his long record of felonies and fraud, all budgets, financial accounts, or disbursements the BoP deems “necessary” to carry out its sweeping mission are subject only to the so-called “institutions of controls or oversight mechanisms” designed by the very same Executive Board.
Thus far, Greenland remains the only red line EU states have managed to articulate.
A few invited world leaders, mostly from the European Union, have done little more than politely decline their invitations. While they have not yet bent the knee to Trump in this mobster’s reality-show version of US imperial power in action, this has not stopped those same governments from endorsing the other “peaceful actions” Trump is poised to pursue under the guise of BoP authority. These include the kidnapping of Venezuelan President Nicolás Maduro and the seizure of Venezuelan oil; the execution of dozens of extrajudicial boat strikes that have killed more than 100 people in the Caribbean; threats of war and the promotion of dangerous regime-change fantasies in Iran and Cuba; and support for his complete takeover of occupied Palestine through United Nations Security Council Resolution 2803. That resolution effectively granted Trump authority in Gaza by endorsing his 20-point Gaza peace plan and welcoming the BoP as a transitional governing body. Thus far, Greenland remains the only red line EU states have managed to articulate.
Despite some rejections, other governments have gone ahead and accepted their invitations for a free three-year membership. The participation of Israel’s wanted genocidaire-in-chief, Prime Minister Benjamin Netanyahu, should serve as the clearest red flag that this organization has no interest in even pretending to care about the lives of the Palestinian people or any standard of international law. Netanyahu could not even fly to Davos to attend the BoP’s self-appointed pomp and circumstance for fear of being arrested as a wanted war criminal.
Other beacons of democracy and world peace, eager to lend legitimacy to the BoP, include Trump’s own “favorite dictator,” Egyptian President Abdel Fattah al-Sisi; Argentina’s scandal-prone, right-wing President Javier Milei; “Europe’s last dictator,” Belarusian President Alexander Lukashenko; Netanyahu’s idea of a “moral conscience,” Albanian President Edi Rama; and Hungary’s model in authoritarianism, Viktor Orbán. Leaders from Arab states—including Saudi Arabia, the UAE, Jordan, and Qatar—have also joined, and will presumably stand alongside Trump and the Executive Board to help oversee, and quietly endorse, “New Gaza.”
Their participation set the stage for Davos, where none other than Jared Kushner delivered the first public presentation of an investment plan contingent upon the ethnic cleansing and erasure of a national Palestinian identity. Kushner, Trump’s son-in-law and a member of the BoP “Executive Board,” has long served as the self-styled “master planner” of transforming Gaza into a prime real estate opportunity. He has a track record of articulating his absolute disregard for Palestinian life, describing the besieged Gaza Strip in February 2024 as “very valuable… waterfront property.”
Kushner began his chilling slideshow by urging skeptical investors to “just calm down for 30 days,” declaring, “The war is over. Let’s work together.” Eager to move on to their real business of “peace,” Kushner appeared wholly willing to ignore the ongoing forced starvation, imprisonment, systemic torture, murder, and displacement of Palestinians across the occupied territories. Since the supposed “ceasefire” in October 2025, the Israeli military has killed at least 477 Palestinians in Gaza.
Trump has also failed to address Israel’s continued ban on dozens of international humanitarian and non-governmental organizations, a policy that has deliberately denied lifesaving aid and medical care to the region while newborn babies continue to die of hypothermia. Instead, Kushner outright lied about the current scale of Israel’s designed humanitarian catastrophe, claiming that “100% of the food needs are met” and that “the cost of needs has gone down,” before unironically describing the administration’s role as “the largest humanitarian effort into a war zone that anyone’s been able to tell us about.” Meanwhile, as the conference unfolded, Israeli forces bulldozed the UN Refugee headquarters in East Jerusalem, and the Israeli Knesset voted by an overwhelming majority to annex the entirety of the West Bank.
Amid the distortions and denials of reality, Kushner did allow the logic of the project to surface when he identified the architect behind the purported $25 billion master plan for Gaza: Yakir Gabay, whom he described as “one of the most successful real estate developers and brilliant people I know.” Gabay is an Israeli billionaire and international real estate tycoon with close familial ties to the Israeli government. Reports also indicate that he has participated in efforts to pressure Columbia University administrators to suppress student protests.
Much like Kushner, a recent article by the editor-in-chief of Jerusalem Post described Gabay as having been eager to craft a plan for “New Gaza” from the very first weeks of Israel’s prolonged assault on the densely populated region:
October 7, [Gabay] tends to say, woke him to action. [Gabay] thought: This time, my capabilities can change the face of reality…Other businesspeople heard about his work a year and a half ago. The White House had asked him to develop something even during Joe Biden’s term. He has good relationships with Tony Blair and Kushner, and when Trump won the elections, it became easier to push the issue.
On the whole, Kushner’s “New Gaza” presentation made no attempt to acknowledge a Palestinian state, recognize Palestinian self-determination, nor address Israeli occupation or the implications of Gaza’s "reconstruction" for the other occupied Palestinian territories. Instead, the eerily bizarre AI-generated slideshow of skyscrapers, oil rigs, and industrial complexes offered only a glimpse into the twisted billionaire fantasy that Kushner’s inner circle—including figures like Gabay—has sought to merge with Zionist imaginaries.
The only part of Kushner’s presentation that even acknowledged Palestinians was a single slide on “Palestinian-led demilitarization.” Beyond this ominous token reference, the narrative repeatedly circled back to framing Gaza as “an amazing investment opportunity” to the room full of multimillionaires and billionaires.
Recent reporting from Drop Site News has confirmed and expanded upon this language, revealing “Resolution No. 2026/1,” an unsigned State Department document from December 2025 that declares the Board of Peace aims to transform Gaza into a “deradicalized and demilitarized terror-free zone.”
Here, “deradicalization” functions as a catch-all term to delegitimize resistance and criminalize opposition to Israeli occupation—a legal right under international law. Palestinians who maintain their political consciousness, national identity, or will for self-determination, and who refuse to normalize occupation, are almost certain to be labeled “terrorists” or deemed insufficiently “deradicalized.” Those who take up arms to defend their people against some of the world’s most heavily armed and nuclear powers risk being denied existence in their own lands—murdered or turned away by the very architects of genocide who now claim to bring “peace.” Access to basic rights is made contingent on surrendering political and economic agency, including abandoning a historically rooted cultural identity of resistance under occupation, forsaking traditional livelihoods, and subordinating the desire to shape the future of the land to whatever "economic opportunities" BoP members deem investible.
The document further states that only those who “support and act consistently” to establish a “deradicalized, terror-free Gaza that poses no threat to its neighbors” may participate in governance, reconstruction, economic development, or humanitarian assistance. It also bars any individuals or organizations the board deems to have “supported or demonstrated a history of collaboration, infiltration, or influence with or by Hamas or other terror groups”—a sweeping allegation Israel has long weaponized without evidence.
In practice, such standards mean that anyone who stands in firm solidarity with Palestinians, including international NGOs that seek to hold Israel to even minimal standards of accountability, will likely be barred from operating in Gaza. This has already become an entrenched and worsening reality since October 2023. What the BoP presents as a security framework is, in essence, a blueprint for controlling Palestinian movement, erasing any viable possibility of a Palestinian state, and ultimately, advancing ethnic cleansing, while preventing humanitarian organizations from participating in any meaningful process of reconstruction or the delivery of aid. A framework that insists “no one will be forced to leave Gaza”—as if forced removal were ever legitimate—while simultaneously conditioning access to aid, resources, and even limited political participation on compliance with what Trump and his confidants dictate, is not a framework in which any meaningful shred of freedom or dignity can exist.
In essence, Trump now supposedly wields full legislative, executive, and judicial control over the future of Gaza. He alone, along with his board of resort profiteers—who would hastily clear away the rubble burying the bodies of erased bloodlines and the remnants of mosques, churches, hospitals, and schools—will have complete authority over how surviving Palestinians live, how they are governed, and who may participate in decision-making. Only at the very bottom of the BoP’s tyrannical hierarchy sits a so-called “technocratic committee,” nominally including members of the Palestinian Authority. Its role appears purely advisory, permitted to exist only insofar as it appeases Trump and aligns with his agenda. There is little indication that it will serve, or even slightly represent, the people it claims to speak for.
The development is ultimately so jarring, so rooted in supremacist ideologies, and so flagrantly opposed to basic principles of sovereignty and human rights that it has few historical parallels. The closest comparison seems to be the gruesome reign of Belgian King Leopold II.
The very consideration of such an inhumane, corrupt, and cruel project is a threat to humanity.
Those who participate in this process, including figures such as World Bank President Ajay Banga, lend legitimacy to a project that advances a perverse vision and a chapter of history that is not inevitable. Collaboration in the name of “reconstruction and development of Gaza” for a project so morally and legally corrupt is not a pragmatic compromise—it is active participation in a plan that has no place in the world. The human cost of this complicity is impossible to ignore.
The BoP plan also offers no conception of justice, reparations, or accountability for Israeli terror. Its version of “peace” is imposed through state violence to silence, control, and force Palestinians into submission. It is a project that raises skyscrapers for Western elites atop mass graves, without including, or even acknowledging, the Palestinians its architects have killed and displaced. It relies too on the pathetic inaction of the overwhelming majority of UN member states.
Much remains unknown about what is immediately required to take a single step toward “peace” in the region: if and when Palestinians may finally find reprieve from Israeli bombardment; whether the Rafah crossing will actually open; what will become of finding and returning the bodies of loved ones buried under the rubble; whether human rights organizations or journalists will even be permitted to document the reality–and work safely–on the ground; if displaced Palestinians will ever be allowed to return to Gaza; and crucially, whether other states will intervene. What is clear, however, is the sheer evil of this project.
Following Kushner’s presentation, many have rightfully said that if this BoP monstrosity were fictional, it would be so dark it would border on being unbelievable. And yet it is profoundly real: a greed-soaked plan dependent on mass murder and land theft, driven by men so wealthy and entitled that they believe they can escape accountability while reaping billions in profit in the process.
World leaders have long entrenched impunity and rewarded the most atrocious US-Israeli war crimes and crimes against humanity, especially over the past two and a half years. Yet the board’s ambitions—laid out in a charter that mirrors the UN and spans what Trump calls “the whole region of the world”—reveal a danger that stretches far beyond Palestine. The very consideration of such an inhumane, corrupt, and cruel project is a threat to humanity. And still—precisely because of the chaos, confusion, and sheer audacity of their plans—this dystopian vision for “New Gaza” is not inevitable. Those with political and economic power must firmly reject and actively work to rein in this Orwellian BoP. If any entity requires immediate disarmament and deradicalization, it is Trump and his so-called Executive Board.