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jared kushner
Kushner Role in Paramount Scheme Shows US 'Devolving Into Caricature of Crony Capitalism'
"The Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act," said one Democratic senator.
Dec 09, 2025
The revelation that Jared Kushner, US President Donald Trump's son-in-law, is playing a key role in Paramount Skydance's hostile bid for Warner Bros. Discovery underscores the extent to which the current administration's open corruption "is fundamentally distorting economic and governmental policymaking at the direct expense of the interests of the American people," a watchdog group said Tuesday.
Kushner's private equity firm, Affinity Partner, is listed in a regulatory filing as one of the organizations financing Paramount's $108 billion bid for Warner Bros., which owns CNN. Ethics experts say Kushner's involvement represents another glaring conflict of interest on top of preexisting concerns about the bid, stemming from Trump's relationship with Paramount CEO David Ellison and his billionaire father, GOP megadonor Larry Ellison.
"America is devolving into a caricature of crony capitalism," Robert Weissman, co-president of Public Citizen, said in a statement Tuesday. "Factions aiming to shrink media competition are fighting over who can show the greatest fealty to Donald Trump. Paramount seems to have won the prize, bringing in presidential son-in-law Jared Kushner—whose investment vehicle is flush with Saudi funds, deposited only because of his personal relationship with Donald Trump—as a partner."
"A working antitrust policy would block the merger of Warner Bros. Discovery with one of the existing media goliaths. It would never be influenced by personal connections to the president," Weissman added. "This case underscores that the corruption pervading the Trump administration isn’t just about making Trump and his family and hangers-on ever richer. That corruption is fundamentally distorting economic and governmental policy making, at the direct expense of the interests of the American people.”
Sen. Chris Van Hollen (D-Md.) said that "the Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act."
"Paramount already had deep ties to the White House," he added, "now Trump's family will directly profit if they win."
Asked Monday about Kushner's financing role, Trump said he has "never spoken to him about it."
Paramount, which the Trump administration reportedly favored to take over Warner Bros., announced its bid for the company days after the streaming behemoth Netflix and Warner Bros. leadership reached an $83 billion acquisition deal. The president immediately criticized the Netflix agreement and pledged to intervene in the federal review process.
"The blurred line between running the government and the family's business interests is expanding each day," Scott Amey, general counsel with the Project On Government Oversight, told Reuters.
Antitrust experts and advocates have argued that both of the proposed mergers are likely illegal and should be blocked.
Matt Stoller, research director at the American Economic Liberties Project, said Monday that either merger "would further deepen the media consolidation crisis that is eroding our creative economy and freedom of expression."
"Paramount specifically would be well-positioned to manipulate the news to please the president, which David Ellison made clear it intends to do in an interview earlier today," said Stoller. "There is a reason that policymakers and workers in Hollywood have come out against each iteration of this deal. Rather than allowing further consolidation in the industry, policymakers must reregulate the market with prohibitions on vertical integration.”
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After Trump Vow to Intervene, Kushner Linked to Paramount's Hostile Bid for Warner Bros.
"The correct option is neither Paramount nor Netflix buy Warner," said one antitrust advocate.
Dec 08, 2025
Paramount Skydance on Monday launched a hostile bid to take over Warner Bros. Discovery shortly after US President Donald Trump publicly expressed skepticism of Netflix's proposed deal to acquire parts of the media company—and pledged to intervene in the federal review process.
"It is a big market share, there’s no question about it," Trump said late Sunday of Netflix's proposed $83 billion purchase of Warner Bros. Discovery's (WBD) film studio and streaming business.
"I’ll be involved in that decision," the president added.
Hours after Trump's comments, Paramount CEO David Ellison—the son of billionaire GOP megadonor and close Trump ally Larry Ellison—announced the hostile bid to buy WBD, attempting to subvert the Netflix deal by taking an all-cash, $30-per-share offer directly to Warner Bros. shareholders.
Observers expressed alarm over the seeming coordination between the president and Paramount's chief executive as the fight over Warner Bros. escalates. Trump reportedly favored Paramount to win the bidding war for WBD, which owns CNN, HBO Max, and other major assets.
Axios reported Monday that "Affinity Partners, the private equity firm led by Jared Kushner, is part of Paramount's hostile takeover bid for Warner Bros Discovery, according to a regulatory filing."
"Affinity Partners was not mentioned in Paramount's press release on Monday morning about its $108 billion bid," Axios noted, "nor were participating sovereign wealth funds from Saudi Arabia, Abu Dhabi, and Qatar."
Ellison was reportedly at the White House last week urging the Trump administration to block Netflix's bid for WBD.
Speaking to CNBC on Monday, Ellison said that "we've had great conversations with the president about" Paramount—which controls CBS News thanks to a merger that the Trump administration approved—potentially becoming the owner of CNN, a frequent target of Trump's vitriol.
CNBC: Do you think the president embraces the idea of you being the owner of CNN given his criticism for that network?
DAVID ELLISON: Ah -- we've had great conversations with the president about this but I don't want to speak for him in any way, shape, or form pic.twitter.com/FdwBzfP3eO
— Aaron Rupar (@atrupar) December 8, 2025
Nidhi Hegde, executive director of the American Economic Liberties Project, said in response to Ellison's remarks that "the correct option is neither Paramount nor Netflix buy Warner."
"The president inserting himself in the deal is obviously problematic, regardless of the parties involved," said Hegde. "If Netflix’s Ted Sarandos, who Trump called a great person, finds a way to appease him, that is also not good!"
US Sen. Elizabeth Warren (D-Mass.) expressed similar concerns about Trump's potential corruption of the regulatory process. The proposed Netflix deal is expected to face a review by the US Justice Department's Antitrust Division, where top officials were recently ousted for "insubordination" amid criticism of agency leaders' corporate-friendly approach to merger enforcement.
"Is that an open invite for CEOs to curry favor with Trump in exchange for merger approvals?" Warren asked after Trump pledged to insert himself into the Netflix-WBD review process.
"It should be an independent decision by the Department of Justice based on the law and facts," added Warren, who called the Netflix-WBD deal "an anti-monopoly nightmare."
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Trump Admin Circulating Plan to Transform Depopulated Gaza Into High-Tech Cash Cow
Under the proposal, the US would take control after "voluntary" relocation of Palestinians from the strip, where proposed projects include an Elon Musk Smart Manufacturing Zone and Gaza Trump Riviera & Islands.
Sep 01, 2025
The White House is "circulating" a plan to transform a substantially depopulated Gaza into US President Donald Trump's vision of a high-tech "Riviera of the Middle East" brimming with private investment and replete with artificial intelligence-powered "smart cities."
That's according a 38-page prospectus for a proposed Gaza Reconstitution, Economic Acceleration, and Transformation (GREAT) Trust obtained by The Washington Post and published in a report on Sunday. Parts of the proposal were previously reported by the Financial Times.
"Gaza can transform into a Mediterranean hub for manufacturing, trade, data, and tourism, benefiting from its strategic location, access to markets... resources, and a young workforce all supported by Israeli tech and [Gulf Cooperation Council] investments," the prospectus states.
However, to journalist Hala Jaber, the plan amounts to "genocide packaged as real estate."
Here comes the Gaza Network State.A plan to turn Gaza into a privately-developed “gleaming tourism resort and high-tech manufacturing and technology hub” with “AI-powered smart cities” and “Trump Riviera” resortgift link:wapo.st/4g2eATo
[image or embed]
— Gil Durán (@gilduran.com) August 31, 2025 at 10:18 AM
The GREAT Trust was drafted by some of the same Israelis behind the controversial Gaza Humanitarian Foundation (GHF), whose aid distribution points in Gaza have been the sites of deliberate massacres and other incidents in which thousands of aid-seeking Palestinians have been killed or wounded.
According to the Post, financial modeling for the GREAT Trust proposal "was done by a team working at the time for the Boston Consulting Group"—which played a key role in creating GHF. BCG told the Post that the firm did not approve work on the trust plan, and that two senior partners who led the financial modeling were subsequently terminated.
The GREAT Trust envisions "a US-led multirlateral custodianship" lasting a decade or longer and leading to "a reformed Palestinian self-governance after Gaza is "demilitarized and de-radicalized."
Josh Paul—a former US State Department official who resigned in October 2023 over the Biden administration's decision to sell more arms to Israel as it waged a war on Gaza increasingly viewed by experts as genocidal—told Democracy Now! last week that Trump's plan for Gaza is "essentially a new form of colonialism, a transition from Israeli colonialism to corporate" colonialism.
The GREAT Trust contains two proposals for Gaza's more than 2 million Palestinians. Under one plan, approximately 75% of Gaza's population would remain in the strip during its transformation. The second proposal involves up to 500,000 Gazans relocating to third countries, 75% of them permanently.
The prospectus does not say how many Palestinians would leave Gaza under the relocation option. Those who choose to permanently relocate to other unspecified countries would each receive $5,000 plus four years of subsidized rent and subsidized food for a year.
The GREAT Trust allocates $6 billion for temporary housing for Palestinians who remain in Gaza and $5 billion for those who relocate.
The proposal projects huge profits for investors—nearly four times the return on investment and annual revenue of $4.5 billion within a decade. The project would be a boon for companies ranging from builders including Saudi bin Laden Group, infrastructure specialists like IKEA, the mercenary firm Academi (formerly Blackwater), US military contractor CACI—which last year was found liable for torturing Iraqis at the notorious Abu Ghraib prison—electric vehicle manufacturer Tesla, tech firms such as Amazon, and hoteliers Mandarin Oriental and IHG Hotels and Resorts.
Central to the plan are 10 "megaprojects," including half a dozen "smart cities," a regional logistics hub to be build over the ruins of the southern city of Rafah, a central highway named after Saudi Crown Prime Mohammed bin Salman—Saudi Arabia and other wealthy Gulf states feature prominently in the proposal as investors—large-scale solar and desalinization plants, a US data safe haven, an "Elon Musk Smart Manufacturing Zone," and "Gaza Trump Riviera & Islands" similar to the Palm Islands in Dubai.
In addition to "massive" financial gains for private US investors, the GREAT Trust lists strategic benefits for the United States that would enable it to "strengthen" its "hold in the east Mediterranean and secure US industry access to $1.3 trillion of rare-earth minerals from the Gulf."
Earlier this year, Trump said the US would "take over" Gaza, American real estate developers would "level it out" and build the "Riviera of the Middle East" atop its ruins after Palestinians—"all of them"—leave Palestine's coastal exclave. The president called for the "voluntary" transfer of Gazans to Egypt and Jordan, both of whose leaders vehemently rejected the plan.
"Voluntary emigration" is widely considered a euphemism for ethnic cleansing, given Palestinians' general unwillingness to leave their homeland.
According to a May survey by the Palestinian Center for Policy and Survey Research, nearly half of Gazans expressed a willingness to apply for Israeli assistance to relocate to other countries. However, many Gazans say they would never leave the strip, where most inhabitants are descendants of survivors of the Nakba, the ethnic cleansing of more than 750,000 Palestinians during the creation of Israel in 1948. Some are actual Nakba survivors.
"I'm staying in a partially destroyed house in Khan Younis now," one Gazan man told the Post. "But we could renovate. I refuse to be made to go to another country, Muslim or not. This is my homeland."
The Post report follows a meeting last Wednesday at the White House, where Trump, senior administration officials, and invited guests including former UK Prime Minister Tony Blair, investor and real estate developer Jared Kushner—who is also the president's son-in-law—and Israeli Minister of Strategic Affairs Ron Dermer discussed Gaza's future.
While Dermer reportedly claimed that Israel does not seek to permanently occupy Gaza, Israeli leaders including Prime Minister Benjamin Netanyahu—who is wanted by the International Criminal Court for alleged crimes against humanity and war crimes including murder and forced starvation in Gaza—have said they will conquer the entire strip and keep at least large parts of it.
"We conquer, cleanse, and stay until Hamas is destroyed," Israeli Finance Minister Bezalel Smotrich recently said. "On the way, we annihilate everything that still remains."
The Israel Knesset also recently hosted a conference called "The Gaza Riviera–from vision to reality" where participants openly discussed the occupation and ethnic cleansing of the strip.
The publication of the GREAT Trust comes as Israeli forces push deeper into Gaza City amid a growing engineered famine that has killed at least hundreds of Palestinians and is starving hundreds of thousands of more. Israel's 696-day assault and siege on Gaza has left at least 233,200 Palestinians dead, wounded, or missing, according to the Gaza Health Ministry—whose casualty figures are seen as a likely undercount by experts.
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