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Jared Kushner’s company has large stake in firm with Israeli military links: CNN
CNN found Affinity Partners sold part of its Phoenix stake for more than $340 million while retaining a holding worth over $1 billion.
- On Thursday, CNN reported that Jared Kushner, Donald Trump's son-in-law and Middle East envoy, holds a major stake in Phoenix Financial through his investment firm Affinity Partners, an Israeli company with holdings in military-linked businesses.
- Shortly before Trump returned to office last year, Affinity Partners doubled its investment in Phoenix, becoming the largest shareholder in the Tel Aviv-based financial group amid Israel's escalating war in Gaza.
- Phoenix has invested hundreds of millions of dollars into Elbit Systems, Israel's largest arms manufacturer, and holds stakes in at least eight other companies providing equipment for Israeli military operations in Gaza.
- Ethics counsel Cynthia Brown of Citizens for Responsibility and Ethics in Washington described Kushner's work as an 'unprecedented dual role,' though his attorney told CNN Kushner had 'never participated in or directed Phoenix's decisions.'
- Kushner has argued that financial investments in Israel and Arab nations incentivize peace, telling the No Priors podcast last September, 'When you get an Arab and Israeli together and they start talking about a business opportunity, they forget about everything else.
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Jared Kushner Gaza role draws scrutiny over investments tied to Israeli defense firms
CNN found that Jared Kushner's Affinity Partners remains the largest shareholder in Phoenix Financial, which has invested millions of dollars in Elbit Systems and other Israeli defense companies.
·Jerusalem, Israel
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Phoenix Financial, largest stake held by Kushner's Affinity Partners, has put at least $456M into 9 firms supplying Israeli army, CNN investigation finds
·Ankara, Türkiye
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Jared Kushner’s Massive Conflict of Interest
“At the same time Jared Kushner has acted as a key negotiator in the war in Gaza, his private equity company, Affinity Partners, has held the largest stake in an Israeli firm backing businesses involved in Israel’s military campaigns, a CNN investigation has found,” CNN reports. “Kushner has skirted deeper scrutiny of this potential conflict […]
·New York, United States
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Total News Sources15
Leaning Left5Leaning Right4Center2Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 18%
R 36%
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