Kushner's Fund Has Reaped Millions in Fees, but So Far Returned No Profits
Briefly

The Senate Finance Committee found that Jared Kushner's firm, Affinity Partners, received over $112 million from Saudi Arabia and other investors but hasn't delivered any profits back.
Senator Ron Wyden expressed concerns that Affinity Partners may serve as a vehicle for foreign governments to funnel money to the Kushners, raising conflicts of interest.
Questions arose about why Affinity Partners has not returned earnings to its clients, suggesting that the firm may not operate as a traditional investment vehicle.
Senator Wyden's inquiry highlights a deeper investigation into whether the firm's operations primarily benefit foreign entities rather than pursuing genuine commercial investment.
Read at www.nytimes.com
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