The President's son-in-law; founder, Affinity Partners; Gaza negotiator
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The card
What the record shows
Jared KushnerThe President's son-in-law; founder, Affinity Partners; Gaza negotiator
$6.16 billion under management, 99% from foreign governments' funds; $340 million from selling part of an Israeli arms-linked stock in July 2026
Kushner's fund was seeded with $2 billion from Saudi Arabia's sovereign fund and raised more from Qatar and the UAE. House Democrats' letters put it at $6.16 billion, almost all foreign money, while he negotiated for the United States on Gaza. In October 2026 the Oversight Committee's top Democrat asked about $456 million in Israeli arms-supplier stock and a $340 million partial sale during the talks. He is exempt from federal financial disclosure as an unpaid adviser.
Response: Kushner has denied improper behavior and says his diplomacy does not benefit his fund.
Holding office, or a family name, is not a crime. This page says only what the sources say, and carries the response where one was given.
In the timeline
Every entry that names Jared Kushner
7 dated entries from the Grift Files timeline, oldest first, each with its source.
Garcia and Wyden: Kushner is raising $5 billion more from Gulf governments while negotiating for the U.S.
$4.8BThe family
Rep. Robert Garcia and Sen. Ron Wyden wrote to Affinity Partners that Jared Kushner was seeking at least $5 billion in new foreign capital while leading U.S. negotiations in the Middle East. Citing SEC filings, they said Affinity's foreign-sourced assets rose from about $3 billion (including $2 billion from Saudi Arabia's Public Investment Fund) at the start of 2024 to $4.8 billion by the end of 2024, and that the firm has taken about $157 million in fees from foreign clients, including $87 million directly from the Saudi government.
The response: The letter notes Republican Sen. Thom Tillis's concern that Kushner and Witkoff are "not subject to Senate confirmation, and they're not subject to oversight." Kushner's attorney has said his business and diplomacy are unconnected (CNN, Oct. 2026).
Raskin: Kushner's Affinity holds $6.16 billion, 99% from foreign investors, as he serves as 'Special Envoy for Peace'
$6.16BThe family
House Judiciary ranking member Jamie Raskin wrote to Kushner that recent filings show Affinity raised an additional $1.2 billion in the past year, bringing assets to roughly $6.16 billion, of which about $6.10 billion (99%) is attributable to foreign nationals. Raskin said Kushner had promised in December 2024 to avoid conflicts and not raise capital during his father-in-law's term, then broke both promises. He asked whom Kushner represents when negotiating with Saudi Arabia and Iran.
The response: White House principal deputy press secretary Anna Kelly: "Jared Kushner's personal business activities have nothing to do with his diplomatic engagements, which he conducts on a volunteer basis at the President's request" (CNN, Oct. 1, 2026).
Kushner's fund hits $6.16 billion, 99% from foreign investors, as he negotiates for the U.S.
$6.16BThe family
Rep. Jamie Raskin wrote to Jared Kushner, the President's son-in-law and newly titled "Special Envoy for Peace," noting that his firm Affinity Partners had raised $1.2 billion more in the past year to reach about $6.16 billion under management, with some $6.10 billion, or 99%, from foreign nationals including the governments of Saudi Arabia, Qatar and the UAE. The letter cites a March 13, 2026 New York Times report that Kushner solicited new money from the Saudi crown prince while negotiating for the U.S. on Gaza and Iran, and reminds him he had promised in December 2024 to avoid conflicts and not raise capital during his father-in-law's term. Kushner is not a federal employee and files no public financial disclosure.
The response: Kushner has denied improper behavior and said (per Forbes, Oct. 2, 2026) his diplomacy does not benefit his fund.
Senators question a Gaza reconstruction stablecoin that could benefit World Liberty
The circle
Senators Merkley, Warren, Van Hollen and Sanders wrote to Secretary of State Marco Rubio about reports that the Trump-backed 'Board of Peace,' whose members include Jared Kushner and Steve Witkoff, might create a dollar-backed stablecoin for Gaza's reconstruction. They asked whether World Liberty Financial, which sells its own stablecoin, would have a role, and requested answers by April 24, 2026.
CNN: Kushner's firm is top shareholder in an Israeli company funding arms makers while he brokers Gaza talks
$340MThe family
CNN found that Affinity Partners, owned solely by Jared Kushner, is the largest shareholder of Phoenix Financial, an Israeli firm with more than $456 million invested in nine companies supplying Israel's military, including $265.1 million in arms maker Elbit Systems. Affinity doubled its Phoenix stake five days before Trump's inauguration; in July 2026 it sold a quarter of the stake for more than $340 million, five times its cost, and still holds a 7.4% stake worth over $1 billion. Kushner acts as an unpaid envoy and so files no financial disclosure.
The response: Kushner's attorney said he "never participated in or directed Phoenix's decisions" and that any suggestion his diplomacy influenced Phoenix's investments "or vice versa, is incorrect." White House's Anna Kelly called the concerns a "tired narrative" (CNN).
House Oversight Democrats demand Kushner's Middle East investment records by October 19
$456MThe family
Ranking member Robert Garcia wrote to Kushner at Affinity Partners seeking a full list of the firm's Middle East investments since January 20, 2025, including any that depended on U.S. government approvals or diplomatic support. The letter says Kushner has raised billions from Saudi, Emirati and Qatari governments while acting as Trump's Gaza negotiator, and notes he is exempt from financial disclosure. CNN reported the letter signals wider investigations if Democrats retake the House.
The response: An attorney for Kushner dismissed Garcia's criticisms and pointed to the congressman's own holdings in investments scrutinized in CNN's report (CNN, Oct. 6, 2026).
Kushner's fund made $340 million on an Israeli arms-linked stock while he negotiated on Gaza
$340MThe family
Rep. Robert Garcia, ranking Democrat on House Oversight, wrote to Jared Kushner citing CNN's Oct. 1, 2026 report that Affinity Partners is the largest shareholder of Tel Aviv-based Phoenix Financial, which holds more than $456 million in nine companies supplying Israel's military, including $265.1 million in Elbit Systems, Israel's largest arms maker. In July 2026 Affinity sold a quarter of its Phoenix stake for more than $340 million, five times its cost, and still held a stake worth over $1 billion, while Kushner served as Trump's envoy in Israel-Hamas negotiations and told CNN he keeps a "very active dialogue" with Phoenix's leadership. The letter set an Oct. 19 deadline for a list of Affinity's Middle East investments that depended on U.S. government action.
The response: Kushner rejected CNN's report, saying his diplomacy does not benefit his fund (Forbes, Oct. 2, 2026); he is exempt from federal financial disclosure as a non-employee.
6 records you can open and read yourself: financial disclosures, securities filings, court dockets, budget-office estimates, Treasury figures and congressional reports. Every link goes to the official copy or the original report.
Requests Affinity's Middle East investments since Jan. 20, 2025 by Oct. 19, 2026; recounts the $456 million Phoenix Financial exposure, the $340 million July 2026 sale, and Kushner's Gulf fundraising.
House Committee on Oversight and Government Reform, Democratic staff · 3 pages
States Affinity raised $1.2 billion in the past year to $6.16 billion in assets, 99% ($6.10 billion) from foreign nationals, and that Kushner reneged on a December 2024 pledge not to raise capital during the term.
Cites SEC Form ADV filings: foreign-sourced assets rose from about $3 billion to $4.8 billion during 2024; about $157 million in fees from foreign clients including $87 million from the Saudi government; reports Kushner seeking $5 billion more.
Documents Affinity's $6.16 billion in assets, 99% foreign-sourced, Kushner's broken December 2024 pledge not to raise money, and his Gulf investors' interest in the Iran war.
Cites CNN's figures: $456 million in nine Israeli defense suppliers, $265.1 million in Elbit, a $340 million partial sale in July 2026, and demands a list of Middle East investments dependent on U.S. government action.
