Kushner Criticizes CNN Article Over Claims of Conflict of Interest

Jared Kushner, senior advisor to former President Donald Trump, has publicly criticized CNN for what he describes as a “deeply misleading story and headline.” The article in question suggests Kushner’s diplomatic efforts in the Middle East might have influenced investments in Israeli defense companies. Kushner, who seldom addresses media reports, voiced his objections in a social media post on Friday, targeting a paywalled CNN report with the headline, “How Jared Kushner’s firm’s investment in an Israeli company could be a major conflict of interest.”

Details on the CNN Report

CNN reported that Kushner played a pivotal role in negotiations concerning the Gaza conflict, while his company, Affinity Partners, held significant investments in an Israeli firm supporting businesses engaged in Israel’s military efforts. Despite the tensions in the region, CNN stated that it found no direct correlation between Kushner’s diplomatic role and the investments noted. This clarification appeared deep within the article, accessible only to those with a subscription.

Kushner stated, “Buried behind a paywall, it acknowledges: ‘CNN found no indication that Kushner’s actions as a diplomat directly affected the investments reviewed.'”

The CNN piece mentioned that Phoenix Financial, a firm backed by Kushner’s investment group, had investments related to Israel’s military and saw significant stock value increases due to the conflict in Gaza.

Kushner’s Response

Kushner argued that the headline was misleading and noted that Affinity does not directly invest in the defense companies discussed. He described Phoenix as one of Israel’s largest financial institutions, regulated and managing approximately $220 billion across various investments. Kushner compared Phoenix to major financial firms like Vanguard or Fidelity, emphasizing his indirect involvement.

“I have no role in deciding what Phoenix buys or sells. It has performed very well for Affinity and our investors, up more than five times since our initial investment,” Kushner explained.

He also pointed out that his firm’s investment in Phoenix predated Trump’s election and his own return to public service.

CNN and Kushner’s Attorney Respond

CNN stood by its report and included a statement from Kushner’s attorney, who reiterated that Kushner’s diplomatic activities did not influence Phoenix’s financial moves. A spokesperson from the White House also dismissed the narrative as a long-held opposition storyline against Trump and his administration.

Despite the ongoing media scrutiny, Kushner affirmed his commitment to his diplomatic objectives, stating, “Misleading stories will not distract me from the work President Trump asked me to do: help end wars, bring people together and pursue peace. That work is too important.”