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



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