Jared Kushner stands by his equity firm receiving $2 billion from Saudis following his departure from the White House

by | Feb 14, 2024

(Photo by Jabin Botsford/The Washington Post via Getty Images)

On Tuesday, Jared Kushner, the former White House adviser to Donald Trump and his son-in-law, defended his business dealings with the Saudi crown prince after departing from government.

Kushner was involved in various issues and policies during his tenure in the Trump administration, notably Middle East peace initiatives. He cultivated a connection with Saudi Arabia's Crown Prince Mohammed bin Salman, who spearheaded social and economic reforms alongside a significant crackdown on dissent within the kingdom.

Following his departure from the White House, Kushner initiated a private equity firm. Reports indicated that the firm secured a $2 billion investment from the sovereign wealth fund overseen by Prince Mohammed, prompting scrutiny from Democrats.

“If you ask me about the work that that we did in the White House, what I say is point to a single decision we made that wasn't in the interest of America,” Kushner stated on Tuesday.

He said the sovereign wealth fund, which has significant stakes in companies such as Nintendo, Uber, and Microsoft, is one of the most prestigious investors in the world.

He reaffirmed his support for the Trump administration's policies, regarding Biden's shift from initially shunning Saudis for human rights violations to collaborating with the crown prince on matters such as oil production and regional security, calling it “one of the greatest compliments.”

Kushner also mentioned that he has no intention of returning to the White House if Trump secures the 2024 presidential election, emphasizing his commitment to his investment endeavors and residing with his family in Florida, away from public scrutiny.

Source: CBS News

 

 

Top News

Trump Says Iran Agrees to Nuclear Terms Ahead of Weekend Talks

Trump Says Iran Agrees to Nuclear Terms Ahead of Weekend Talks

President Trump said that Iran has agreed to key terms in ongoing negotiations, including cooperating with the United States to remove enriched uranium from the country, with both sides scheduled to meet this weekend for continued talks.   The president also said...

House, Senate Approve Short-Term Section 702 Extension

House, Senate Approve Short-Term Section 702 Extension

The House and Senate approved a short-term extension of Section 702 of the Foreign Intelligence Surveillance Act early Friday, delaying its expiration from April 20 to April 30 after lawmakers rejected a late-night push for a longer-term renewal package.   A...

Acting ICE Director Todd Lyons To Step Down May 31

Acting ICE Director Todd Lyons To Step Down May 31

Acting Immigration and Customs Enforcement Director Todd Lyons will leave his post on May 31, Homeland Security Secretary Markwayne Mullin announced Thursday.   President Trump appointed Lyons to the role in March 2025. Mullin was confirmed to lead DHS on March...

ODNI Sends Criminal Referrals Linked To 2019 Trump Impeachment

ODNI Sends Criminal Referrals Linked To 2019 Trump Impeachment

The Office of the Director of National Intelligence has referred both the whistleblower behind the complaint tied to President Trump’s 2019 impeachment and former Inspector General Michael Atkinson to the Justice Department for potential criminal violations, according...