The Senate Finance Committee is stepping up its investigation of Affinity Partners, an investment firm owned by former President Donald Trump's son-in-law and advisor Jared Kushner that has been receiving funds from Saudi Arabia and other foreign governments. Committee Chairman Ron Wyden, D-Oregon, said new findings suggest the firm could amount to a compensation scheme designed to skirt federal disclosure requirements.
"While I appreciate Affinity’s cooperation in this matter thus far, the information provided has heightened my concerns that investments in funds managed by Affinity create unprecedented conflicts of interest, and that Affinity’s investors may not be motivated by commercial considerations, but rather the opportunity to funnel foreign government money to members of President Trump’s family, namely Jared Kushner and Ivanka Trump," Wyden wrote in a letter to the company.
