(José Niño, Headline USA) House Oversight Committee Ranking Member Robert Garcia, D-Calif., has asked Jared Kushner to provide information about whether his private business interests conflict with his role advising President Donald Trump on Middle East diplomacy.
The inquiry centers on Affinity Partners, the investment firm Kushner founded, and its ownership stake in Phoenix Financial, an Israeli financial services company with investments in firms that supply Israel’s military.
Garcia’s letter, released on Monday, notes that Affinity became Phoenix’s largest shareholder after increasing its stake. The letter states that Phoenix held more than $456 million in nine companies connected to Israel’s military supply chain, including a reported $265.1 million stake in Elbit Systems, Israel’s largest arms manufacturer.
“Jared Kushner is helping negotiate Middle East policy for his father in law, even as his firm is the top investor in Phoenix Financial. Phoenix Financial holds up to $456 million in companies that supply Israel’s military, including its largest arms manufacturer. Kushner’s apparent conflicts of interest throughout the region pose serious security threats, which must be investigated,” Garcia said in a press release subsequently published by the House Committee on Oversight and Government Reform on Tuesday.
In his letter, Garcia wrote, “Oversight Democrats are investigating the unprecedented and dangerous ways in which President Trump and his family have profited directly from their access to power.” He continued, “Your dual role as your father in law’s Middle East and Gaza negotiator while investing in a company that makes profits investing in arms manufacturing presents significant conflicts of interest, all while you avoid disclosing your financial entanglements to Congress or the American people.”
Garcia’s request follows a March inquiry with Sen. Ron Wyden, D-Ore., into reports that Kushner sought investment from Middle Eastern sovereign wealth funds while helping lead regional negotiations.
The lawmakers asked Affinity to disclose discussions with foreign governments, state-owned entities, intermediaries, and advisers since January 2025. That earlier request highlighted Affinity’s prior receipt of billions of dollars from Saudi Arabia’s sovereign wealth fund after Kushner left the White House following Trump’s first administration.
José Niño is the deputy editor of Headline USA. Follow him at x.com/JoseAlNino
