Kushner Busted as Secret Dealings Come to Light
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Kushner Busted as Secret Dealings Come to Light

The Daily Beast • • world

Key Points:

  • Jared Kushner, serving as an unofficial White House envoy, has been helping broker a ceasefire in the Gaza conflict while his private equity firm, Affinity Partners, holds a significant stake in Phoenix Financial, an Israeli investment group linked to military suppliers.
  • Affinity Partners owns about 7.4% of Phoenix Financial, which has invested over $456 million in nine companies supplying weapons and military equipment to Israeli forces, including major holdings in Elbit Systems and other defense technology firms.
  • Kushner’s dual role as a private investor in military-related companies and as a peace negotiator has raised concerns about potential conflicts of interest, especially since his diplomatic work is unofficial and not fully subject to federal ethics rules.
  • Affinity’s investment in Phoenix Financial has yielded substantial financial returns, with a recent partial sale netting a fivefold profit, while Kushner’s lawyer denies his involvement in the investment decisions of Phoenix or its portfolio companies.
  • Democrats have indicated Kushner may face congressional scrutiny if they gain control of the House, focusing on potential conflicts of interest tied to his business dealings in the Middle East and his ongoing diplomatic activities.

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