Jared Kushner Under Investigation?

A co-authored letter to the State and Defense departments was sent out by two Democratic congressional committee chairs who are requesting access to a wide variety of records relating to Jared Kushner’s family business. This has widely also raised concerns about how Kushner’s financial interests may have played a role in determining the Trump administration’s foreign policy in the Persian Gulf.

House Oversight and Reform Committee Chairwoman Carolyn Maloney (N.Y.) and Senate Finance Committee Chairman Ron Wyden (Ore.) are asking for a number of previously undisclosed emails that in large part deal with the 2018 bailout of a Kushner-owned office building. The request is only one part of the committee’s investigation which is focusing on how former White House senior advisers may have had financial interests that conflicted with U.S. policy and interests.

The letters were initially reported by the Washington Post and outlined the deal between Brookfield Asset Management, and the Kushner family to whom they paid a 99-year lease upfront. The 39-story office building is located in midtown Manhattan and has an estimated value of $1.1 billion. This deal allowed the Kushner family to avoid defaulting on their loan payments.

Maloney and Wyden have stressed the importance of the fund responsible for the payout as its second largest investor is the Qatar sovereign wealth fund.

Maloney and Wyden mentioned in their letter that the large financial benefits lead to suspicions and growing concerns about Kushner’s involvement in policymaking in the area.

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