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'Financial Pawn of the Saudi Monarchy': House Judiciary Opens Probe Into Jared Kushner
"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.
Apr 17, 2026
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."
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Trump to Send 3,000 More Troops to Mideast as Saudi Crown Prince Pushes Iran Ground Invasion
"Crown Prince MBS wants Trump to keep pouring Americans—and billions—into his illegal war with Iran," said one Democratic congressman.
Mar 24, 2026
The Pentagon is preparing to deploy around 3,000 troops to the Middle East as thousands of Marines also head to the region amid the US-Israeli war on Iran, stoking fears of a possible ground invasion that is reportedly being pushed by Saudi Arabia's de facto ruler.
Two unidentified US officials told The Wall Street Journal and other media outlets Tuesday that soldiers from the Army's elite 82nd Airborne Division quick reaction brigade—which can send troops almost anywhere in the world in under a day's time—would be ordered to deploy in the coming hours.
While the officials said that no decision has been made regarding a ground invasion of Iran, the deployment marks the latest escalation in the 24-day war—which President Donald Trump claimed was "very complete, pretty much" over two weeks ago.
The United States already has approximately 50,000 troops in the Middle East, where the US has attacked four countries—Iran, Iraq, Syria, and Yemen—along with Libya and Somalia in Africa and Afghanistan and Pakistan in South Asia, since 2001.
The US deployments come as Saudi Crown Prince Mohammed bin Salman—who is often called by his initials MBS—is reportedly pushing Trump to launch a ground invasion of Iran with the objective of toppling its current government, which, despite assassinations of numerous leaders, has so far demonstrated a resiliency experts say is rooted in its decentralized and highly flexible "horizontal" command structure.
According to The New York Times, the crown prince is arguing that the war on Iran offers a "historic opportunity" to reshape the Middle East. Saudi officials denied any such lobbying.
This, as Gulf monarchies are reportedly inching closer to getting directly involved in the war, as Iranian counterattacks target regional US allies including Bahrain, Iraq, Israel, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Previous reporting by The Washington Post and others detailed how, before the war, MBS and Israeli Prime Minister Benjamin Netanyahu allegedly pressed Trump to attack Iran for the second time in as many years.
Asked during a Tuesday White House press conference if MBS has "been encouraging you to do certain things related to Iran," the president replied: "He's a warrior. Yeah, he does. He's a warrior. He's fighting with us, by the way."
Reporter: There’s been reporting that the crown prince of Saudi Arabia has been encouraging you to do certain things related to Iran.
Trump: He is a warrior, he is fighting with us pic.twitter.com/SA1wklQNJk
— Acyn (@Acyn) March 24, 2026
Lauren Harper, the Daniel Ellsberg chair on government secrecy at the Freedom of the Press Foundation, said on Bluesky Tuesday that MBS' reported lobbying of Trump "is a great example of why a strong Presidential Records Act is essential for accountability."
Following Trump's deletion of social media posts—including a racist video amplifying lies about the 2020 election in which former President Barack Obama and his wife Michelle Obama are portrayed as apes—there have been renewed calls for robust enforcement of the Presidential Records Act (PRA), which requires preservation of “the activities, deliberations, decisions, and policies that reflect the performance of the president’s constitutional, statutory, or other official or ceremonial duties.”
"Want to read the notes or the telcons (telephone conversations) between Trump and MBS re: Iran? Then you need an enforceable PRA that doesn’t let Trump get away with not keeping or destroying records," Harper wrote.
US Rep. Eugene Vindman (D-Va.) said Tuesday on Bluesky: "I’ve listened to Trump’s calls with foreign leaders. The American people deserve to know exactly what he promised MBS—and at what cost to our troops and our values."
Crown Prince MBS wants Trump to keep pouring Americans—and billions—into his illegal war with Iran.This is the same MBS U.S. intelligence tied to the murder of Jamal Khashoggi. And Trump’s response? “Things happen.”
— Congressman Eugene Vindman (VA-07) (@gene4va.bsky.social) March 24, 2026 at 11:26 AM
Some critics took aim at Trump's campaign promise of no new wars, part of his so-called "America First" agenda.
"The America First guy keeps getting headlines about the war with Iran being pursued to fulfill the aims of Netanyahu or MBS," said Chad Stanton, political director at the faith-based progressive advocacy group SojoAction.
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After Helping Convince Trump to Attack Iran, Kushner Solicits Billions for His Private Equity Firm
"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.
Mar 16, 2026
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.
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