Jared Kushner's $2B Saudi Funding 'Biggest Political Scandal ... In Modern Politics,' Says Congressman: 'Something That Must Be Investigated'

© Reuters. Jared Kushner's $2B Saudi Funding 'Biggest Political Scandal ... In Modern Politics,' Says Congressman: 'Something That Must Be Investigated'

Benzinga - by Shanthi Rexaline, Benzinga Editor.

Donald Trump’s daughter Ivanka Trump and son-in-law Jared Kushner may be the poster children for questionable family business, said MSNBC host Jonathan Capehart on Saturday. His comments came in light of the recent indictment of President Joe Biden’s son Hunter Biden and the subsequent impeachment inquiry into the president.

Massive Ethics Issue: The $2 billion funding Kushner received from Saudi Arabia is very concerning, said Rep. Robert Garcia (D-Calif) in a conversation with Capehart on “The Saturday Show with Jonathan Capehart.” Kushner essentially ran the Trump administration’s Middle East policy and was very involved in the $110 billion arms deal with Saudi Arabia, the congressman said.

Two months after Donald Trump left the White House, Kushner and his company received more than $2 billion directly, Garcia said. He added that this was “completely outrageous” and something that must be investigated.

“There’s a massive ethics issue, and this is, in my opinion, the biggest political scandal right now in modern politics,” the lawmaker said.

New York Times reporter Kate Kelly, who also joined the show, said the Saudi fund’s advisors raised a lot of concerns, including the inexperience of the executive team at Kushner’s Affinity Partners.

“They essentially thought that the sort of pitch book that team Kushner had put together to talk about what they would do as an investment firm was kind of thin on the ground,” she said. They were also concerned about headline risk, she added.

Quid pro quo Involved? Although it isn’t strictly against the law to obtain money from former counterparts after leaving a presidential administration, if Kushner discussed any payment or if there was any sort of a quid-pro-quo while he was working in Trump’s administration, it could be considered illegal, Kelly said.

Democrats on the Oversight Committee have been keen to get more information about Kushner’s actions, but the chairman of the committee, Rep. James Comer (R-KY), has not been open to the idea, she said.

Offering his take, Garcia said Comer’s comment that Kushner actually crossed the ethical line justifies the calls for Comer to actually open this investigation. “We should be investigate this at the Oversight Committee. Right now, they are completely stalled,” the lawmaker said.

“There’s no action moving forward, but we’re pushing every single day to bring attention to this issue and to force House Republicans to open this investigation,” he added.

Read Next: Best Private Equity ETFs

Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga