Republicans have announced that they'll investigate a possible connection between President Joe Biden and the alleged dealings of his son, Hunter Biden.
:"Hunter Biden: Does personal business deals as a private citizen. Jared Kushner: Got a $1 billion loan from the Saudis while working in the WH, and a $2 billion investment from the Saudis months after leaving the WH. GOP wants to investigate one of them. Guess which!"from the Public Investment Fund led by Saudi Crown Prince Mohammed bin Salman after he left the White House last year. The House Oversight Committee said in June that it will investigate this deal.
The money was invested in Kushner's newly established private equity firm Affinity Partners, according to, which cited previously undisclosed documents from the fund's advisers, who had concerns about the deal. They were reportedly worried about Kushner's inexperience in fund management,"unsatisfactory" operations and"public relations risks," among other concerns, but the crown prince made the deal with Kushner's firm anyway.
In exchange for the investments, the Saudi fund would get a stake of at least 28 percent of Kushner's Affinity Partners, according to theAt left, Hunter Biden speaks at the World Food Program USA's Annual McGovern-Dole Leadership Award Ceremony on April 12, 2016, in Washington, D.C. At right, Jared Kushner speaks at the 2022 Concordia Annual Summit.
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