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Wyden Probes 'Deeply Concerning' Kushner Firm Payments From Gulf Monarchies
The Senate Finance Committee chair accused the former Trump adviser of "creating significant conflicts of interest and potential counterintelligence risks."
Jun 12, 2024
U.S. Senate Finance Committee Chair Ron Wyden on Wednesday announced a new probe into Trump-era White House adviser Jared Kushner's private investment firm Affinity Partners, 99% of whose $3 billion under management comes from foreign sources, mainly the sovereign wealth funds of Gulf dictatorships.
"It is deeply concerning that several Middle Eastern governments are using funds managed by Affinity as a means to pay tens of millions of dollars in fees every year to former President [Donald] Trump's son-in-law, Jared Kushner, creating significant conflicts of interest and potential counterintelligence risks," Wyden (D-Ore.) wrote in a letter to Lauren Key, Affinity's chief financial officer.
"These arrangements also raise concerns that Affinity's exclusively foreign-funded private investment funds are being exploited as a loophole by Mr. Kushner and other former U.S. government officials as a means to avoid complying with the Foreign Agents Registration Act and other U.S. laws requiring U.S. persons to disclose payments from foreign governments," the senator said.
Wyden pointed out that almost all of the money under management by Affinity comes from the sovereign wealth funds of Saudi Arabia, the United Arab Emirates, and Qatar:
The largest source of funding for Affinity appears to be a $2 billion investment from the Saudi Public Investment Fund (PIF)... made in June 2021, shortly after Mr. Kushner left the White House. The remaining $1 billion is split between sovereign wealth funds owned by the governments of the United Arab Emirates and Qatar; Terry Gou, a Taiwanese billionaire and politician who is the founder of the world's largest electronics manufacturer; and another investor whose identity has not been publicly reported.
Wyden said the Saudi PIF buy-in "raises concerns that the investment was a reward for official actions Kushner took to benefit the Saudi government, including preventing accountability for the Saudi government ordering the brutal murder" of journalist and permanent U.S. resident Jamal Khashoggi.
"Private investment funds that take money exclusively from foreign politically exposed investors present heightened national security and other risks," Wyden's letter asserts. "From a national security perspective, the U.S. government has recently highlighted how the opacity and lightly regulated status of private funds can present risk to national security."
Wyden is asking Key to list all of Affinity's clients, how much they've invested, and their annual rates of return. The senator is also seeking information about the company's employees; their roles, responsibilities, and compensation; and "whether the individual meets with or liaises directly with representatives of foreign sovereign wealth funds, including the Saudi PIF, as part of their professional responsibilities."
This isn't the first time that Wyden has questioned Kushner's business ties to Gulf dictatorships. In 2022, the senator sought details regarding possible Qatari involvement in a 2018 real estate deal in which Brookfield Asset Management, a Canadian firm, paid Kushner Companies for a 99-year-lease on 666 5th Avenue, one of the premier properties in the Kushner family portfolio.
Earlier this year, House Democrats led by Reps. Jamie Raskin (D-Md.) and Robert Garcia (D-Calif.) urged colleagues to hold hearings over Kushner's "apparent influence peddling and quid pro quos" during the period in which he led critical foreign policy negotiations including over the Abraham Accords agreements between Israel and several Middle Eastern and North African nations.
During his White House tenure, Kushner faced repeated calls to resign as Trump's senior adviser, mostly over concerns about possible conflicts of interest related to his business dealings.
Kushner
said earlier this year that he will not accept any official administration position if Trump—the presumptive 2024 Republican presidential nominee, despite his recent felony conviction and dozens of pending federal and state criminal charges—is reelected.
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Menendez Faces Fresh Calls to Resign After Qatar Claims
The New Jersey Democrat "is a disgrace and a distraction, and he should resign immediately," said one critic.
Jan 02, 2024
U.S. Sen. Bob Menendez endured new demands for his resignation on Tuesday after federal prosecutors accused him of taking bribes related to the government of Qatar, building on previous calls for the New Jersey Democrat to step down.
"Sen. Menendez should resign out of respect for the people of New Jersey and Americans everywhere," declared Rep. Katie Porter (D-Calif.). "These new allegations are the definition of political corruption, and people should be able to trust that their elected officials are working for them, not foreign entities."
Melanie D'Arrigo, executive director of the Campaign for New York Health and a former congressional candidate, also called for his resignation, saying that "too many in Congress are treating corruption as the goal, not the problem that needs to be addressed."
Political commentator Brian Tyler Cohen said Menendez "is a disgrace and a distraction, and he should resign immediately," adding that there is "no room in the Democratic Party for such abject corruption."
The senator and his wife were charged in September for allegedly engaging in "a corrupt relationship" with New Jersey businessmen Wael "Will" Hana, Jose Uribe, and Fred Daibes, and accepting bribes in the form of "cash, gold, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle, and other things of value."
Menendez—who is up for reelection this year—swiftly stepped down as chair of the Senate Foreign Relations Committee but remains on the panel. In October, prosecutors accused him of acting as an unregistered agent for the government of Egypt.
The new superseding indictment doesn't add any charges but claims that the 70-year-old senator also publicly praised the government of Qatar to help Daibes with a multimillion-dollar real estate deal involving a member of the Qatari royal family.
While Tim Donohue, an attorney for Daibes, toldThe Associated Press Tuesday that he had no comment, Menendez lawyer Adam Fee claimed that the latest allegations "stink of desperation."
"Despite what they've touted in press releases, the government does not have the proof to back up any of the old or new allegations against Sen. Menendez," Fee said. "What they have instead is a string of baseless assumptions and bizarre conjectures based on routine, lawful contacts between a Senator and his constituents or foreign officials. They are turning this into a persecution, not a prosecution."
"At all times, Sen. Menendez acted entirely appropriately with respect to Qatar, Egypt, and the many other countries he routinely interacts with," he added. "Those interactions were always based on his professional judgment as to the best interests of the United States because he is, and always has been, a patriot. This latest indictment only exposes the lengths to which these hostile prosecutors will go to poison the public before a trial even begins. But these new allegations don't change a thing, and their theories won't survive the scrutiny of the court or a jury."
The senator, his wife, and the businesses have pleaded not guilty to all charges. A federal just last week denied Menendez's request to push the start of jury selection from May to July.
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Delayed But Not Denied: 2nd Hamas-Israeli Prisoner Swap Goes Through
"After a delay, obstacles to release of prisoners were overcome through Qatari-Egyptian contacts with both sides," a Qatari spokesperson said.
Nov 25, 2023
Despite an initial delay, the second round of hostages were released by Hamas on Saturday night.
The group included 13 Israelis and four foreign nationals believed to be Thai, Middle East Eyereported. Israel also began to release 39 Palestinian prisoners in exchange as the second day of a four-day cease-fire concluded.
"After a delay, obstacles to release of prisoners were overcome through Qatari-Egyptian contacts with both sides," Majed Al Ansari, a spokesperson for Qatar's foreign ministry, tweeted, adding that the hostages were transferred to the International Committee of the Red Cross.
The Israeli military confirmed to The Associated Press that the hostages reached Israel after midnight local time. The hostages included seven children and six women, the office of Israeli Prime Minister Benjamin Netanyahu said. One of the hostages, a young girl named Emily Hand, was previously believed dead by her father.
The swap appeared to be in danger earlier in the day when Hamas said that Israel had not allowed enough aid to enter northern Gaza, which has taken the brunt of the Israeli military's force since October 7, when Hamas attacked Israel, killing 1,200 and taking around 240 hostages. Israel has since killed more than 14,800 Palestinians in Gaza in its response. The two sides have agreed to a four-day cease-fire beginning Friday that will see a total of 50 Hamas-held hostages and 150 Israeli-held Palestinians released.
In explaining the delay, Hamas also said that Israel had not released enough long-serving prisoners.
"Civilians should not be pawns in a deadly standoff between warring parties who flout basic principles of humanity."
"This is putting the deal in danger," said Osama Hamdan, a senior Hamas official in Beirut, as AP reported.
Sari Bashi, the program director of Human Rights Watch, criticized both sides for the delay.
"Hamas is obligated to release hostages, whether or not aid enters Gaza," Bashi tweeted. "The Israeli government is obligated to supply Gaza with aid, whether or not hostages are released. Civilians should not be pawns in a deadly standoff between warring parties who flout basic principles of humanity."
However, Egypt, Qatar, and Hamas later said everything had been resolved and the exchange would go forward, according to AP, sparking great relief from the hostages' friends and families.
"I was very nervous when I heard about the delay. I thought something would happen," Zohar, a classmate of 18-year-old Israeli hostage Noga Weiss, told Channel 13 TV, as AP reported. "It was a great relief when I saw her."
Egypt had also said earlier in the day that it had received "positive signals" from both sides about a possible extension of the cease-fire, Reuters reported. Netanyahu had previously said the pause would extend one day for every extra 10 hostages that Hamas releases.
Hamas said it expected Israel to release six women and 33 teenage boys on the second day of exchanges, AP reported.
One of the prisoners released Saturday was Shorouq Dwayyat, the Palestinian woman who had been held in an Israeli jail the longest, Middle East Eye reported. Dwayyat was first arrested eight years ago when she was 18. Israel claimed she stabbed a settler, which her family denies.
"We send a message to our people in Gaza that we stand by your side and support you," Duwiyat said upon returning home, as AP reported.
Another woman released by Israel was Israa Jaabis, who was arrested in 2015 with burns covering half her body, according to Middle East Eye. Jaabis' family said that she was burned when a defective cylinder of cooking gas ignited near a checkpoint, while Israel accused her of attempting a bombing. Israeli forces raided Jaabis' home ahead of her release, forcing any journalists or distant relatives to leave.
Police also raided the home of Marah Bkeer before her release Friday, Reuters reported.
"There is no real joy, even this little joy we feel as we wait," her monther, Sawsan Bkeer, told reporters. "We are still afraid to feel happy."
Dwayyat told reporters that Israel had threatened to re-arrest the released prisoners if they celebrated, according to Middle East Eye.
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