Senate Probes Kushner's Firm Over $157M in Fees Without Returns to Foreign Investors

The inquiry raises concerns about potential conflicts of interest and foreign influence linked to Jared Kushner's private equity firm, Affinity Partners.

Jared Kushner's firm, Affinity Partners, has collected $157 million in fees since 2021 but has not returned any profits to its investors.
The Senate Finance Committee is investigating the firm's financial dealings, focusing on its reliance on foreign investments, primarily from Saudi Arabia.
Senator Ron Wyden expressed concerns that the firm may serve as a conduit for foreign governments to funnel money to Kushner and Ivanka Trump.
Affinity Partners' fee structure and lack of returns have raised suspicions of potential conflicts of interest, especially with a possible future Trump administration.
The firm has until August 2026 to deploy its capital, which could influence foreign policy decisions if Donald Trump is re-elected.