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Jared Kushner, President Donald Trump’s son-in-law who has been playing the role of U.S. special envoy, is trying to raise $5 billion for his private equity company, Affinity Partners. This has raised new concerns about conflicts of interest within the Trump administration.
The New York Times, citing five people familiar with the issue, noted that Kushner has been negotiating with Gulf countries about Gaza and the Iran War, and these are the same countries that he has targeted for fundraising.
One of the top targets has been Saudi Arabia’s Public Investment Fund, which is overseen by Crown Prince Mohammed bin Salman (MBS), who, the paper said, has formed a close relationship with Kushner.
The Times reported that MBS has been in near constant contact with the White House and has been calling on the administration to continue attacking Iran. The report said he echoed King Abdullah’s call to “cut off the head of the snake.”
The report noted that the Saudi fund has been one of the key investors in Kushner’s company, having already put $2 billion into the firm shortly after Trump left office after his first administration.
The paper noted that Kushner has played a central role in nearly every major foreign policy issue facing the White House. He helped come up with the so-called Board of Peace for Gaza and has been working on resolving the Ukraine War alongside Steve Witkoff, another businessman playing the role of envoy.
Kushner attended Davos earlier this year to talk about these key foreign policy issues but also told participants there that he was raising the money for his firm – once again raising concerns about conflicts of interest, the paper said, citing sources.
The paper said his firm raised about $5 billion in total and he previously said he would not need to fundraise for four years, but the company invested in Phoenix Financial, an Israeli insurer, and Revolut, which was described as a fintech startup.
Citizens for Responsibility and Ethics in Washington (CREW) wrote last week that Kushner’s “previous unofficial role raised substantial conflict of interest concerns given Kushner’s business and investments in the very countries and conflicts that he had been working on – and because Kushner had no defined position, he was not subject to any ethics laws, security clearance process or Senate confirmation,” according to Alternet.
CREW said his appointment as “Special Envoy for Peace” on 19 February means he must file a public financial disclosure report within 30 days.
Larry Sabato, the director of the University of Virginia’s Center for Politics, posted The Times’s story on X and wrote: “The greed and corruption of the Trump family is almost beyond belief.”
TREND FORECAST: The Trends Journal has reported extensively on how Trump, his family, and his buddies are cashing in big time in on his second term. And to make it perfectly clear of the crime syndicate running America and the world, what makes this Kushner kid so brilliant and special that he already got $2 billion for his corporation and now wants $5 billion?
Why, because as George Carlin has noted, “It’s one Big Club and You Ain’t in it. (See “THIS IS RETRIBUTION’ TRUMP’S SONS TAKE VICTORY LAP AT WORLD LIBERTY FINANCIAL CONFERENCE AT MAR-A-LAGO” (24 Feb 2026), “CONGRESS LAUNCHES PROBE INTO TRUMP FAMILY’S WORLD LIBERTY FINANCIAL” (10 Feb 2026), “UNUSUAL COINCIDENCE: HEAD OF UAE’S SOVEREIGN WEALTH FUND DEPOSITS $2B IN TRUMP’S SONS’ WORLD LIBERTY FINANCIAL JUST BEFORE U.S. ALLOWS EMIRATES TO BUY MOST ADVANCED COMPUTER CHIPS” (23 Sep 2025), and “NICE WORK IF YOU CAN GET IT: TRUMP EARNS $57M FROM WORLD LIBERTY FINANCIAL TOKEN SALES” (17 Jun 2025).
World Liberty Financial, the stablecoin company owned by Trump’s little boys and Witkoff’s son, is another alleged example of the grift. One of World Liberty’s biggest scores occurred days before Trump’s inauguration, when it received $500 million from a royal from Abu Dhabi. The Trump administration, shortly thereafter, decided to break with the Biden administration and grant the UAE access to the top AI chips produced in the U.S., despite concerns that these chips could end up in China.
Of course, that was just a coincidence.