Senate Finance Committee investigates Affinity Partners, co-founded by Jared Kushner, over $157M foreign funds without returns.

The Senate Finance Committee is investigating Affinity Partners, a private equity firm co-founded by Jared Kushner, due to concerns over its receipt of $157 million from foreign investors, including $87 million from Saudi Arabia, without generating any returns. Senator Ron Wyden raised issues about potential conflicts of interest, suggesting the firm might be a vehicle for foreign entities to funnel money to the Kushners. Affinity has denied any wrongdoing and claims compliance with federal regulations.

September 25, 2024
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