Jared Kushner’s Deal-Making Career Off to Sluggish Start
livemint.comstartups to a five-year low in the first half of 2023, according to the Israeli nonprofit Start-Up Nation Central. The global market for investing in startups has been similarly brutal, with valuations for once-hot startups cratering. “Deployment has been slower than expected because we maintained high standards," Kushner said.
“In retrospect, I’m glad we didn’t follow the herd." Kushner’s post-White House work has drawn scrutiny from some in Congress who question whether the business arrangement is a Saudi reward for all the work Kushner did in government to advance the kingdom’s interests in Washington. With Trump again the Republican front-runner for president, his son-in-law’s work is drawing new attention in Washington, where Democrats have accused Republican lawmakers of turning a blind eye to Kushner’s business dealings and focusing instead on questions about the work done by President Biden’s son, Hunter. Kushner and Mohammed developed an unusually close relationship while Trump was in the White House.
In a memoir released last year, Kushner wrote that he repeatedly called the Saudi crown prince to secure help on key U.S. foreign policy issues, including oil prices. Kushner’s appeals created intense friction in the Trump administration, with then-Secretary of State Rex Tillerson accusing Trump’s son-in-law of undercutting his authority.
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