Jared Kushner rules out joining next Trump administration [View all]
Source: Financial Times
10 hours ago
Donald Trump’s son-in-law, Jared Kushner, will not return to the White House in the new administration but could advise on Middle East policy, according to people familiar with the matter. Kushner was a senior adviser to the president-elect during his last term and played a key role negotiating the Abraham Accords, which established diplomatic relations between Israel and several Arab states, including the UAE, Bahrain, Sudan and Morocco.
The next Trump administration is expected to try to increase the number of Arab states with diplomatic ties to Israel, with Saudi Arabia being the ultimate prize. Kushner and his wife, Trump’s daughter Ivanka, were central figures in the former president’s administration and have been living in Miami since he left office.
Kushner in 2021 founded a $3bn investment fund, Affinity Partners, which is financed almost entirely by overseas investors, with significant contributions from Gulf sovereign wealth funds. The Senate finance committee has been investigating the company and the fees it charges to foreign clients.
In a September letter Democratic senator Ron Wyden raised concerns that Kushner’s fundraising and real estate deals “give foreign governments leverage over the Trump family”. Kushner has denied accusations of conflicts of interest and said his company adheres to all relevant regulations.
Read more: https://www.ft.com/content/2512e5cb-603c-4980-98f9-83395c55e37b
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