Former President Donald Trump’s son-in-law Jared Kushner’s $2 billion Saudi financing continues to face criticism, as the allegedly spurious deal came up for discussion in a Wednesday committee hearing over an impeachment inquiry into President Joe Biden.
What Happened: Rep. Jared Moskowitz (D-FL) brought up Kushner’s Saudi deal during a hearing by the House Committee for Oversight and Accountability that is discussing Biden’s impeachment over his family’s foreign business dealings, a video clip shared on X, formerly Twitter, showed.
“We sit here, we hear our colleagues bring up certain things like, oh, the the Biden family took money from a foreign entity, right,” Moskowitz said. “But really, I mean, do they do they really not know that Jared Kushner took $2 billion from the Saudis? I mean, by the way, they go on Twitter and blame the Saudis for 9/11,” he added.
And it's just like. But really, I mean, do they really not know that Jared Kushner took $2 billion from the Saudis? By the way, they go on Twitter and blame the Saudis for 9/11.
Moskowitz went on to say that Kushner was neither a wealth expert before he worked in the White House nor was he a Middle East expert before he worked there. He said Kushner then received $2 billion for his Affinity Partners private-equity fund from the Saudi wealthy fund.
“It's just you don't have any credibility when you only want to look at one side of the coin,” Moskowitz said.
See Also: Biden Impeachment Inquiry Weakest In US History, Say Experts: ‘Absolutely Shocking’
Why It’s Important: The unusual nature of Kushner's Saudi deal has confounded many. Investor and economic analyst Steven Rattner shared a chart on X, formerly Twitter, showing a breakdown of the sources from which Kushner's Affinity Partners received its assets under management.
The chart showed that about 64.5% of the AUM came from Saudi Arabia, while U.S. investors contributed only a paltry amount of $31 million.
“I have been in this business for 40 years. I've never seen somebody get two-thirds of their money from a single investor, ” Rattner said.
Rep. Jamie Raskin (D-MD) said in a recent media appearance that they were doing a complete report on foreign government emoluments that Trump and his family pocketed.
“All we’re saying is, look, Jared Kushner was actually working in the White House. He was in the administration. Hunter Biden was never in the Biden administration," he said.
Photo by Alexandros Michailidis on Shutterstock
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