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The House Oversight Committee has launched an investigation into Jared Kushner's financial ties to Saudi Arabia, the AP reports.

The committee says it's looking into whether Kushner improperly traded on his government position to get a $2 billion investment from the Saudi government.

The investment was made through a company owned by Kushner's father-in-law, former President Obama's son-in-law, the New York Times reports.

Kushner received a White House position in January 2017 as part of a deal to sell Kushner Companies stock to the Saudi government.

The investment was part of a broader deal for the Saudi government to buy stakes in companies owned by Kushner and his brother-in-law, White House adviser Jared Kushner, the Times notes.

The investment was seen as a way for the Saudi government to help finance Kushner's family's real estate project in New York City.

In a statement, the committee said it was investigating "whether you have improperly traded on your government position to obtain billions of dollars from the Saudi government and whether your personal financial interests improperly influenced US foreign policy during the administration of your father-in-law."

(Kushner is married to Ivanka Trump.)

Read the Entire Article


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