U.S. House panel probes Saudi business with Kushner's firm

WASHINGTON (Reuters) -A U.S. House of Representatives committee said on Thursday that it was investigating the Saudi Arabian government's $2 billion investment with a firm of Jared Kushner, the son-in-law of former President Donald Trump.

"The Committee on Oversight and Reform is investigating whether you (Kushner) have improperly traded on your government position to obtain billions of dollars from the Saudi government and whether your personal financial interests improperly influenced U.S. foreign policy during the administration of your father-in-law, former President Trump," Representative Carolyn Maloney, the New York Democrat who leads the House Committee on Oversight and Reform, said on Thursday in a letter.

Maloney sent the letter to Kushner, who served as a White House adviser to Trump, requesting documents on the investment in his firm, A Fin Management LLC (Affinity).

A spokesman for Kushner told the New York Times that he "abided by all legal and ethical guidelines both during and after his government service." The firm did not immediately respond to a Reuters request for comment on Thursday.

Records showed that the firm is registered as an investment adviser with about $2.5 billion under management in pooled investment vehicles.

In a typical private equity investment, Saudi Arabia would have put money into a fund managed by A Fin, rather than investing in the firm itself. The details of this investment were not known.

"Your support for Saudi interests was unwavering, even as Congress and the rest of the world closely scrutinized the country’s human rights abuses in Yemen, the murder of journalist Jamal Khashoggi by Saudi assassins tied to Crown Prince Mohammed bin Salman, and Saudi Arabia’s crackdown on political dissidents at home," Maloney wrote in the letter.

Kushner incorporated the firm after Trump left office and it secured the $2 billion investment from Saudi Arabia six months later, Maloney added.

Denny

If there was anything illegal in connection of anybody in the Trump family the FBI and the IRS would be involved in investigation.   It seems that the House Committee appointed by Pelosi would be a political witch- hunt aimed at the November 2022 election and they would only try and make political hay out of it.    

The Democratic Party is in a hopeless situation from an election point of view and is bound to lose the November election by a massive margin.    The situation is that everything Biden touch has turned to shit  and according to opinion polls he will get the chances of the Party ruined - so Democratic Party candidates do not want him and  Harris to help them in  campaigning in the election - the situation is that bad after the fiasco he caused in the recent Virginia and New Jersey elections.      

The exposure of the lies by the Democrats against Trump made most voters disbelieve anything the Democrats can come up with by now and the fact is that even the mid-term primaries indicates that the people had enough of the Democrats by now.    No new witch-hunt  will not have any effect on the November election - and all the lies  by the Democrats over the last four years will be nullified by the end of  January 2023.    That incl ude the Trump Impeachments and the 6 January 2021 "investigation".

"Kushner incorporated the firm after Trump left office and it secured the $2 billion investment from Saudi Arabia six months later, Maloney added."

Draad

I saw that too - so what are the Democrats investigating.   Maybe it is to take minds away from the  normal endemic corruption in the Democratic Party leadership.