Economic news

Exclusive-Democratic lawmakers request probe into Trump son-in-law after Reuters Saudi report

2024.10.24 15:45

By Aram Roston and Alexandra Ulmer

WASHINGTON (Reuters) – The Democratic chair of the U.S. Senate Finance Committee and a prominent Democratic congressman asked the U.S. attorney general on Thursday to appoint a special counsel to investigate whether Jared Kushner, former President Donald Trump’s son-in-law, was functioning as an unregistered foreign agent for Saudi Arabia, according to a letter from the lawmakers. 

The letter from U.S. Senator Ron Wyden and U.S. Representative Jamie Raskin cited an Oct. 4 Reuters report that revealed that Kushner on multiple occasions had discussed U.S.-Saudi diplomacy concerning Israel with Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, since leaving government.

“This revelation is deeply disturbing, as Mr. Kushner appears to be influencing U.S. foreign policy by acting as a political consultant to the Saudi government while also accepting their money,” Wyden and Raskin wrote in the eight-page letter to Attorney General Merrick Garland. The letter has not been previously reported.

“Mr. Kushner’s proximity to President Trump and the potential for political interference warrants the appointment of a Special Counsel,” the letter added.

Saudi Arabia has invested $2 billion into a private equity fund, Affinity Partners, that Kushner, who was a top adviser on the Middle East during Trump’s administration, founded in 2021 after leaving government, according to congressional investigators.

A spokesperson for Kushner said, “This is a desperate attempt by partisan Democrats to manufacture an issue where none exist 12 days before an election. Jared runs an SEC (U.S. Securities and Exchange Commission) registered fund that abides by all laws and regulations.” 

Chad Mizelle, Chief Legal Officer at Affinity Partners, called the request for a Special Counsel “a disgraceful attempt by Wyden and Raskin to turn an already weaponized DOJ into a fully political operation with accusations that have no merit or evidence. “

The Department of Justice and the Saudi Arabian embassy did not immediately respond to requests for comment.

Saudi Arabia’s investments in Kushner’s fund have been criticized by ethics experts, Democrats in Congress and some Republicans, who have expressed concern that Saudi Arabia’s stake can look like a payoff since Kushner worked on Saudi issues before leaving Trump’s White House.

“There is substantial reason to believe,” the letter wrote, “that the Saudi government’s decision to engage Affinity for investment advice is a fig leaf for funneling money directly to Mr. Kushner and his wife, Ivanka Trump.” 

Affinity and Kushner have denied that Saudi Arabia’s investments are a payoff or a conflict of interest. Affinity has said Wyden and his Senate staff do not understand the realities of private equity.

The letter comes less than two weeks before the Nov. 5 U.S. presidential election between Trump, a Republican, and Democrat Kamala Harris. Special counsel investigations have more political independence than prosecutions run by Justice Department attorneys, though special counsels can be fired by the Attorney General.

During his time as Trump’s special advisor, Kushner engineered the Abraham Accords, a series of agreements in which Islamic nations established diplomatic ties with Israel in exchange for concessions by the United States. Saudi Arabia never signed on but the Biden Administration has tried to encourage the kingdom to normalize relations with Israel, an effort that appeared to stall amid the Gaza conflict.

The Oct. 4 Reuters report, quoting a source familiar with the discussions, said Kushner’s talks with Saudi Arabia’s crown prince included the process of normalizing relations between Israel and Saudi Arabia. The source did not identify when the talks took place and whether they occurred before or after the start of the Gaza conflict.

© Reuters. FILE PHOTO: Jared Kushner attends the funeral for Ivana Trump, socialite and first wife of former U.S. President Donald Trump, in New York City, U.S., July 20, 2022. REUTERS/Jeenah Moon/File Photo

The U.S. Foreign Agents Registration Act, or FARA, requires agents of foreign interests who engage in political activity to register with the Department of Justice.

Wyden is the chairman of the Senate Finance Committee and has been investigating investments by Saudi Arabia and other countries in Kushner’s funds since June. Raskin is the ranking member of the House Committee on Oversight and Accountability.

(Alexandra Ulmer reported from San Francisco. Editing by Jason Szep)



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 81,599.86 0.71%
ethereum
Ethereum (ETH) $ 1,875.47 1.60%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.31 7.23%
bnb
BNB (BNB) $ 578.21 4.40%
solana
Solana (SOL) $ 124.34 0.48%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.713705 1.06%
dogecoin
Dogecoin (DOGE) $ 0.167323 2.62%
tron
TRON (TRX) $ 0.22593 2.49%
staked-ether
Lido Staked Ether (STETH) $ 1,877.68 2.06%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 82,872.20 0.10%
pi-network
Pi Network (PI) $ 1.63 0.69%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,486.83 0.79%
leo-token
LEO Token (LEO) $ 9.73 0.76%
stellar
Stellar (XLM) $ 0.282592 13.72%
chainlink
Chainlink (LINK) $ 13.08 1.57%
usds
USDS (USDS) $ 0.9995 0.07%
hedera-hashgraph
Hedera (HBAR) $ 0.19221 1.82%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,254.86 2.50%
avalanche-2
Avalanche (AVAX) $ 18.44 3.67%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 0.87%
sui
Sui (SUI) $ 2.23 1.54%
the-open-network
Toncoin (TON) $ 2.75 3.86%
litecoin
Litecoin (LTC) $ 88.75 0.44%
bitcoin-cash
Bitcoin Cash (BCH) $ 331.37 1.35%
mantra-dao
MANTRA (OM) $ 6.43 1.68%
polkadot
Polkadot (DOT) $ 3.97 2.23%
ethena-usde
Ethena USDe (USDE) $ 0.999525 0.01%
weth
WETH (WETH) $ 1,877.61 1.65%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998547 0.10%
bitget-token
Bitget Token (BGB) $ 4.18 1.50%
hyperliquid
Hyperliquid (HYPE) $ 12.43 2.96%
whitebit
WhiteBIT Coin (WBT) $ 28.46 0.84%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,998.85 1.86%
monero
Monero (XMR) $ 206.87 0.79%
uniswap
Uniswap (UNI) $ 5.90 2.01%
susds
sUSDS (SUSDS) $ 1.04 0.05%
dai
Dai (DAI) $ 0.999871 0.03%
near
NEAR Protocol (NEAR) $ 2.57 6.54%
aptos
Aptos (APT) $ 5.06 0.50%
pepe
Pepe (PEPE) $ 0.000007 7.49%
ethereum-classic
Ethereum Classic (ETC) $ 17.81 2.40%
ondo-finance
Ondo (ONDO) $ 0.84373 2.10%
internet-computer
Internet Computer (ICP) $ 5.48 3.21%
aave
Aave (AAVE) $ 170.25 3.09%
gatechain-token
Gate (GT) $ 20.34 3.65%
okb
OKB (OKB) $ 41.57 1.26%
mantle
Mantle (MNT) $ 0.739136 0.29%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 81,626.87 0.63%