Jan 7, 2018

Jared Kushner has significant financial ties to Israel

Erica Pandey, author of @Work

Kushner at the Brookings Saban forum in December. Photo: Alex Wroblewski / Bloomberg via Getty Images

Jared Kushner maintains strong financial ties to Israeli companies, despite his role as the White House point man on Middle East peace, the New York Times reports.

Kushner's business dealings "don’t appear to violate federal ethics laws," per the Times, but may raise questions about the ability of the U.S. to be an impartial mediator between Israel and the Palestinians — a debate already fueled by President Trump's decision to recognize Jerusalem as Israel's capital.

The details: Israeli insurance company Menora Mivtachim has invested $30 million in the Kushner family's real estate business. The Kushners' company has also struck deals with "one of the country’s wealthiest families and a large Israeli bank that is the subject of a United States criminal investigation," the Times reports.

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