Trump's son-in-law has a $5 billion problem

Jared Kushner applauds during U.S. President Donald Trump's State of the Union address in the House Chamber at the U.S. Capitol in Washington, D.C., U.S., February 24, 2026. REUTERS/NATHAN HOWARD

There are several clear winners from Trump’s attack on Iran:

— Russia, who can again fund its violence against Ukraine with new oil revenue and now claims its unprovoked attack on that nation is consistent with this new Trump Doctrine;
— Saudi Arabia, which has long hated Iran and lobbied since at least 2008 for the US to attack that country;
— the United Arab Emirates (UAE), which has similarly pushed America to attack Iran since at least 2010;
— the American defense weapons industry, which is making additional billions;
— Don Jr. and Eric, who have taken a big position in a drone-manufacturing business, getting them in on the Pentagon gravy train;
— Donald Trump himself, who’s succeeded in largely pushing Epstein off the front page;
— and Benjamin Netanyahu, who’s called for American strikes against Iran since 1992 and will stay out of prison as long as the war continues.

The losers include:
— The credibility of the United States and the rule of international law;
— the families of 13 dead and 140 injured American soldiers and airmen,
— the families of at least 160 dead Iranian little girls and thousands of other dead civilians in a dozen countries,
— American taxpayers who’re paying for the bombs;
— and future prospects for world peace.

But the biggest winner may be Jared Kushner, who apparently pushed Trump to initiate the war while he’s trying to solicit $5 billion from the same Arab states that have been begging American administrations for decades to attack Iran.

Back on March 5th, I speculated here on Hartmann Report that Kushner and Witkoff had been negotiating with Iran in bad faith, possibly to get the Iranian leadership to meet together in one place so Netanyahu (who used to sleep in Kushner’s bedroom) could kill them all with a missile strike.

Three years earlier, I laid out the backstory of how Kushner allegedly helped MBS take over the Saudi kingdom and was richly rewarded with $2 billion to fund his new investment venture.

Now, The New York Times is reporting that Kushner is back at the Arab trough, trying to pick up an additional $5 billion for his company from the same states that have been begging America to attack Iran for decades.

This represents a massive and apparently corrupt conflict of interest, as Congressman Jamie Raskin and Senator Ron Wyden pointed out when they called for an investigation into Kushner acting as an unregistered foreign agent in violation of the U.S. Foreign Agents Registration Act, or FARA. They wrote:

“This revelation is deeply disturbing, as Mr. Kushner appears to be influencing U.S. foreign policy by acting as a political consultant to the Saudi government while also accepting their money. … Mr. Kushner’s proximity to President Trump and the potential for political interference warrants the appointment of a Special Counsel.”

FCC Chairman Brendan Carr, in a brilliant imitation of Vladimir Putin, is threatening news organizations for their reporting on the War. He seems upset about news stories that Trump may have ignored warnings from his top generals that Iran would close the Strait of Hormuz if we attacked them; those reports appear to be well-sourced.

And it appears it was Kushner who was one of the main cheerleaders for this war, risks to world oil supplies and the possibility of the conflict igniting WWIII be damned.

Trump himself said that Kushner had advised him that Iran was preparing to strike America, something that’s patently impossible; they don’t have any missiles capable of reaching the United States and had just offered to sign a new deal promising never to develop any. Nonetheless, Trump — in an eerie echo of Bush’s lies about Iranian WMD — told America:

“Within a week, [Iran was] going to attack us, 100 percent. They were ready. They had all these missiles, far more than anyone thought, and they were going to attack us.”

Did I mention that Kushner is asking the Saudis and Emiratis for another $5 billion? As Popular Information reported:

“Kushner’s largest investor is the Saudi Arabian government, which provided Kushner with $2 billion in funding in 2021. Each year, Saudi Arabia pays Kushner 1.25% of its investment, $25 million, as a ‘management fee.’ Meaning he has received in excess of $100 million from the Saudi government over the last few years.

“Notably, ‘Saudi Crown Prince Mohammed bin Salman made multiple private phone calls to Trump’ in February, advocating a U.S. attack,’ according to reporting in the Washington Post. Trump’s comments reveal that Kushner used his role in Geneva to push Trump toward the outcome favored by his biggest client. Affinity Partners also received more than $200 million from the UAE. According to CNN, behind the scenes, the UAE was also lobbying Trump to strike Iran.”

Never before in American history have US negotiators had massive personal financial stakes in the outcome of their own negotiations. It’s a clear violation of the Constitution’s and US law’s ban on foreign emoluments, and possibly numerous anti-bribery laws.

With Congress paralyzed by terrified, spineless Republicans refusing to even look into the possibility that billionaire Trump, billionaire Kushner, billionaire Witkoff, and billionaires in the Middle East have thrown America into war just to enrich themselves, the burden has fallen on the American press.

Which has produced the predictable squeals from Carr and the billionaire Murdoch family’s Fox “News” propaganda channel, and from Whiskey Pete Hegseth, giggling about how things are going to change when David Ellison takes over CNN.

Threats notwithstanding, our elected officials need to step up now to defend both the First Amendment, the Emoluments Clause, and the lives of our men and women in uniform.

Even lacking subpoena power, Democratic leadership should convene shadow hearings to investigate this possible double-dealing that’s already killed Americans and threatens to plunge the entire world into flames.

At the very least, they should spend a few weeks holding public, on‑the‑record hearings into whether this Iran war is being steered from Riyadh, Jerusalem, and Kushner’s investment firm instead of the Pentagon.

With their Benghazi spectacle that followed the death of four Americans, Republicans taught us that when our officers and enlisted people die abroad, Congress has a duty to drag every decision‑maker before the cameras; Democrats should apply that same standard now, and ask under oath whether Trump, Kushner, and their billionaire partners are profiting from a war they helped ignite.

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