A Damning Account Alleges Jared Kushner Conducted Diplomacy for Profit
The new book by the reporter Matthew Cole connects $2 billion in slush funds from Gulf state leaders to Trump’s son-in-law in an effort to influence U.S. policy.
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| The U.A.E. president Mohammed bin Zayed and President Trump’s son-in-law Jared Kushner, in 2026. |
Cole’s most explosive claims, however, relate to a 2017 operation by a Dutch military intelligence unit, which found that Russian agents had screenshots from inside Kushner’s iPhone. Investigating further, they discovered that Kushner had access to a bank account in the U.A.E., containing $750 million laundered through Azerbaijan but, according to Cole, originally deriving from the Emirati and Saudi governments. “It is unclear if Trump ever approved or even knew about the arrangement,” Cole writes.
By the spring of 2018, Cole maintains, M.B.Z. had moved roughly $1 billion into another account, held by the Israeli central bank, on Kushner’s behalf. Cole says it is also “unclear” if or how Kushner used these funds, “but according to the person with knowledge of the money, its allocation was for Kushner’s personal benefit.” For M.B.Z., Cole suggests, the return on his investment was a recalibration of U.S. foreign policy in the Middle East, culminating in the invasion of Iran, whose influence he feared.
These accusations are grave. The first bank account was allegedly a slush fund used to finance operations in Libya and elsewhere by Erik Prince, the former C.E.O. of Blackwater, the private military contractor (now known as Academi). If Kushner was a signatory to this account, he was helping to run a foreign government’s proxy wars. And if he used some or all of the money in the second account for his personal benefit, he was effectively an undeclared agent of a foreign power.
Before Giving Billions to Jared Kushner, Saudi Investment Fund Had Big Doubts
Before committing $2 billion to Mr. Kushner’s fledgling firm, officials at a fund led by the Saudi crown prince questioned taking such a big risk.
https://www.nytimes.com/2022/04/10/us/jared-kushner-saudi-investment-fund.html
Mr. Jared Kushner
“Special Envoy for Peace”
Founder and Chief Executive Officer
Affinity Partners
16690 Collins Avenue
Sunny Isles Beach, FL 33160
Dear Mr. Kushner:
You are now reportedly participating as “Special Envoy for Peace” in negotiations on
behalf of the United States government to address the roiling conflicts in the Middle East. At the
same time, you are soliciting billions of dollars from Gulf monarchies for your private business
ventures while already managing billions of dollars of their money in your international
investment firm, A Fin Management LLC (Affinity).
From the standpoint of the American people, your decision to act in these two roles—one
public for the government and one private for personal profit—creates a glaring and incurable
conflict of interest. Your clients Saudi Arabia and the Royal Crown Prince Mohammed Bin
Salman have unique and significant strategic, economic and political interests that are certain to
diverge sharply from the strategic, economic and political interests of the American people....
*
There is a frightening possibility that the most dangerous period of Donald Trump's presidency may not be behind us, but directly ahead. If Republicans lose control of the House on Tuesday, November 3, and perhaps even the Senate, America may discover what happens when a president who has repeatedly treated public office as a vehicle for personal power suddenly realizes that his political authority is slipping away. A president who fears accountability, despises oversight, and regards criticism as an act of disloyalty may become considerably more reckless when confronted with a hostile Congress. And the question Americans should be asking is not simply what Trump will do after an electoral defeat, but what he might attempt to accomplish before the clock runs out.
Imagine the possibilities. Executive orders, presidential directives, regulatory interventions, pardons, contracts, international arrangements, and last-minute policy decisions could become instruments in a desperate effort to protect his financial interests, advance the business interests of his family, and consolidate wealth and influence before congressional oversight becomes more formidable. I am not suggesting that every executive order will necessarily be corrupt or unlawful. I am suggesting that a president whose personal financial interests and public responsibilities have repeatedly raised questions about conflicts of interest deserves extraordinary scrutiny, particularly when facing the prospect of losing congressional protection.
Trump has never demonstrated much appreciation for the traditional distinction between the presidency as a public trust and the presidency as a personal possession. His political universe revolves around loyalty, personal advantage, family interests, and the preservation of his own power. In that universe, government institutions are not necessarily independent guardians of the public interest. They are potential obstacles to be overcome, personnel to be replaced, and agencies to be pressured. The presidency becomes less a constitutional responsibility than a platform from which to advance the Trump enterprise.
And what about his children? The Trump family has enjoyed extraordinary commercial and political opportunities because of the family's proximity to the presidency. The American public has every reason to demand transparency about whether presidential decisions, foreign relationships, government policies, or regulatory actions benefit family business interests. The appearance of impropriety is not a minor political inconvenience. In a functioning democracy, it is a serious warning sign.
A Republican congressional defeat would also create a new political reality. Congressional committees could investigate financial dealings, demand documents, subpoena witnesses, examine foreign business relationships, and scrutinize the administration's handling of public resources. The possibility of meaningful oversight could be precisely what makes the remaining months politically explosive. A president who has spent years attacking investigations may view congressional oversight not as a constitutional responsibility but as an enemy operation directed against him personally.
And that is where the danger lies. What happens when a president who has spent years demanding unquestioned loyalty discovers that the constitutional system no longer has to accommodate him? What happens when Congress is no longer a rubber stamp? What happens when investigations become possible, subpoenas become enforceable, and administration officials begin to understand that their obligations are to the Constitution rather than to Donald Trump?
The executive order could become his favorite political weapon. But executive orders are not presidential permission slips to enrich oneself, reward relatives, evade Congress, or rewrite the law. They remain subject to constitutional limitations, statutory authority, judicial review, and congressional oversight. The American system was designed with precisely this sort of presidential temptation in mind.
The irony is extraordinary. Trump campaigned as the man who would drain the swamp. Yet Americans have witnessed a presidency in which the boundaries between personal business, family interests, political loyalty, and public responsibility have repeatedly become subjects of serious controversy. The man who promised to clean up Washington has made the question of presidential self-enrichment one of the defining issues of his political career.
The real test of American democracy may come after Tuesday. If the voters take away Trump's congressional majority, they will not merely be changing the political balance in Washington. They will be sending a message that the presidency does not belong to its occupant, that the federal government is not a family corporation, and that the American treasury is not an extension of a presidential business empire.
And Democrats should understand something important: winning Congress is not enough. They must exercise their constitutional responsibilities intelligently, aggressively, and without turning oversight into political theater. They must investigate where evidence warrants investigation, expose conflicts of interest, protect government institutions, and demonstrate that accountability is more than a campaign slogan. They must resist the temptation to imitate the very political abuses they condemn.
America does not need another presidential circus. It needs an accounting.
The presidency is not a family inheritance. The executive branch is not a private investment fund. The American people are not shareholders in the Trump Organization. And the United States Treasury is not a personal ATM.
If Trump loses Congress on Tuesday, the question will be whether the American constitutional system is strong enough to restrain a president who may have even more incentive to use the remaining power of his office for personal and family advantage.
A president's final years in office should be devoted to serving the country, not settling personal accounts, protecting private fortunes, or arranging the next generation of family privilege.
Trump may regard Tuesday as a political defeat. America must make certain that it does not become a financial opportunity.
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| REPUBLISHED |
https://blogs.timesofisrael.com/the-trumpian-looting-begins-what-happens-when-trump-loses-congress/



















