Iran negotiator or Saudi ally Raskin launches probe into Kushner over ‘conflict of interest’

Democrats seek ‘trove’ of records, probe Kushner’s $2B Saudi investment and war policy
PUBLISHED 1 HOUR AGO
Jamie Raskin opens a new probe into Jared Kushner, citing Saudi and Emirati funds as an 'incurable' foreign policy bias (Getty Images)
Jamie Raskin opens a new probe into Jared Kushner, citing Saudi and Emirati funds as an 'incurable' foreign policy bias (Getty Images)

WASHINGTON, DC: Representative Jamie Raskin (D-Md) has ignited a "sensational" political firestorm, launching a unilateral House Judiciary investigation into Jared Kushner’s dual roles as a private equity tycoon and the administration’s lead Iran ceasefire negotiator.

In a piercing letter obtained first by MS NOW, Raskin alleges an "incurable conflict of interest," questioning whether Kushner is acting as a "diplomat or a financial pawn" of Middle Eastern monarchies while American lives are on the line in the 47-day Iran war.

Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud, center, poses with foreign ministers before a consultative meeting of foreign ministers from a group of Arab and Islamic countries in the Saudi capital, Riyadh, Thursday, March 19, 2026. (AP Photo/Baraa Anwer)
'To whom do your fiduciary duties belong?' Democrats argue that Kushner’s role as negotiator is inextricably linked to his Gulf investment portfolio (AP Photo/Baraa Anwer)

Kushner, the President’s son-in-law, founded Affinity Partners in 2021, securing a staggering $2 billion investment from Saudi Arabia’s Public Investment Fund shortly after the first Trump term ended.

Since returning to Washington as a peace envoy in 2025, Kushner has been the "Steel Ring" architect of negotiations with Ukraine, Russia, and now Iran, territories that critics note are the primary sources of his firm’s massive capital.

Billions in Saudi cash ‘burning a hole’

Raskin’s investigation centers on the "glaring" overlap between Kushner’s fiduciary duties to his investors and his professional obligations to the United States.

"You cannot faithfully represent the United States with billions of dollars in Saudi and Emirati cash burning a hole in every pocket of every suit you own," Raskin wrote, challenging Kushner to clarify to whom his loyalties belong.

WASHINGTON, DC - JULY 29: Rep. Jamie Raskin (D-MD) speaks during the House Judiciary Subcommittee on
Rep Raskin has challenged Kushner to clarify to whom his fiduciary duties belong, citing the $2 billion Saudi investment as a 'haunting' presence in US diplomacy (Getty Images)

The Maryland Democrat pointed out that Saudi Arabia, Kushner’s "anchor investor," has a strategic interest in the escalation of the war against Iran, which directly conflicts with the American interest in minimizing the loss of "lives and treasure."

Democrats are now demanding a massive trove of materials, including records of Kushner’s communications with Saudi, Emirati, Qatari, and Israeli officials, as well as financial logs detailing every investor in the Affinity fund since 2022.

Affinity Partners denies any ‘Iran grift’

In a swift rebuttal, Affinity’s chief legal officer, Ian Brekke, maintained that Kushner has "complied with all applicable laws" and has always operated in the best interests of the country.

(Getty Images)
Affinity's chief legal officer has denied any 'grift,' insisting that Kushner is a volunteer who is not raising additional capital while serving the government (Getty Images)

Brekke emphasized that Kushner is "not raising funds and has not done business in Gaza, Ukraine or Iran," and noted that the firm has no intention of taking in additional capital while Kushner is "volunteering" for the government.

Internal sources indicate that Affinity has earned a remarkable 25% rate of return since its inception, further fueling Democratic suspicions that Kushner’s proximity to power is driving his financial success.

Despite the firm's denials, Raskin is seeking all communications related to potential investments in war zones where Kushner has played a role as a negotiator, characterizing the setup as a "haunting" presence in American foreign policy.

White House slams ‘attention-seeking’ Raskin

(x/@AnnaKellyGOP)
The White House has aggressively defended Kushner, claiming he has 'sacrificed time with his family' to secure global peace initiatives (x/@AnnaKellyGOP)

The White House has responded with "lethal" rhetoric, dismissing the investigation as a partisan hit job.

Spokesperson Anna Kelly called Raskin an "attention-seeking loser who has saved zero lives," asserting that Kushner has "sacrificed time with his family and livelihood" to serve the administration’s global peace initiatives.

While Raskin lacks the unilateral power to subpoena Kushner without Republican support, the inquiry serves as a "preview" of the aggressive oversight Democrats plan to launch if they reclaim the House in the upcoming midterms.

For now, Kushner remains at the center of the "Transaction" phase of the Iran war, even as his business dealings become the primary target of a Democratic "siege" on Capitol Hill.

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