"Unprecedented": Jared Kushner's "unusual" dependence on foreign money shocks other investors

[BumRushDaShow]

Source: Salon

Published April 9, 2024 12:20PM (EDT)


Technically, it would not be accurate to say that literally all of the investment money that’s been flowing to Jared Kushner since he left the White House has come from foreign sources, such as the governments he worked with while serving former President Donald Trump. The actual figure, as reported by The New York Times on Tuesday, is “just” 99 percent, the vast majority of the $3 billion raised thus far coming from authoritarian governments.

It’s an arrangement – Kushner cashing in on relationships forged while his father-in-law was the president – that at the very least constitutes an appearance of impropriety. It is also far from the norm, experts say. In 2022, just six months after leaving the White House, Saudi Arabia’s sovereign wealth fund invested $2 billion in Kushner’s newly formed private equity firm, despite misgivings among the fund’s staff that Trump’s son-in-law had little relevant experience. Kushner has also accepted investments from state-managed funds in Qatar and the United Arab Emirates.

Kushner, who won’t rule out serving in a second Trump administration, has in turn invested some of that money in a foreign project, last month announcing a $500 million real estate project in Serbia at the same site where Trump himself had previously sought to build a luxury hotel. J. Robinson West, a former Reagan administration official who spoke to the Times, said there were a number of “unusual” things about Kushner’s post-White House business dealing.

“A lot of people leave government and become lobbyists or they start consulting firms,” he said. But no one that he recalled had ever received so much money, so fast, from foreign governments – especially not ones they worked with while working for a president.

Read more: https://www.salon.com/2024/04/09/unprecedented-jared-kushners-unusual-dependence-on-foreign-money-shocks-other-investors/

[brush]

1. And Kushner/Ivanka go scott free of investigations while Hunter Biden is investigated and indicted...

over and over even though he was never employed by a government administration.

[chowder66]

2. It reeks to all hell and should be thoroughly investigated.

[DENVERPOPS]

3. He is still selling

U.S. Intel while it is still worthwhile. And many foreign governments are hedging on hopes they will get favorable treatment, if Trump gets back in Control...It is cheap insurance in their way of thinking..........

[Bayard]

4. Investigate and indict

Long overdue.

[PlutosHeart]

5. How stupid does someone have to be to

allow this to go without a major investigation? So we (authorities) complain and take note yet nothing is done. Makes me very upset.

[Scrivener7]

6. Sigh. If only there was some government department tasked with investigating such things.

And PS: Hey, Salon! It's more than 3 billion. Qatar gave him $1.6 billion for 666 5th Ave. That was WHILE he was in office. And the Saudis gave him $2 billion for his little investment company very shortly after he left office.

And that's just what we know about.

[FakeNoose]

7. Remember when we all laughed because he was denied White House security clearance?

[BumRushDaShow]

8. But then a year later

the security officials were overridden and he was given it anyway.

Officials rejected Jared Kushner for top secret security clearance, but were overruled

Jan. 24, 2019, 8:14 PM EST / Updated Jan. 24, 2019, 10:17 PM EST
By Laura Strickler, Ken Dilanian and Peter Alexander

WASHINGTON — Jared Kushner's application for a top-secret clearance was rejected by two career White House security specialists after an FBI background check raised concerns about potential foreign influence on him — but their supervisor overruled the recommendation and approved the clearance, two sources familiar with the matter told NBC News.

The official, Carl Kline, is a former Pentagon employee who was installed as director of the personnel security office in the Executive Office of the President in May 2017. Kushner's was one of at least 30 cases in which Kline overruled career security experts and approved a top-secret clearance for incoming Trump officials despite unfavorable information, the two sources said. They said the number of rejections that were overruled was unprecedented — it had happened only once in the three years preceding Kline's arrival.

(snip)


https://www.nbcnews.com/politics/donald-trump/officials-rejected-jared-kushner-top-secret-security-clearance-were-overruled-n962221