Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

“Going back to his previous job of Being Born Wealthy”: Critics pounce on news Jared Kushner is leaving politics to launch an investment firm

‘I am shocked, shocked to learn that Jared Kushner cannot find a job in politics anywhere,’ one Twitter user writes mockingly

Gustaf Kilander
Washington, DC
Thursday 29 July 2021 14:47 BST
Comments
Related video: Lincoln Project nicknames Jared Kushner ‘Secretary Failure’
Leer en Español

Your support helps us to tell the story

This election is still a dead heat, according to most polls. In a fight with such wafer-thin margins, we need reporters on the ground talking to the people Trump and Harris are courting. Your support allows us to keep sending journalists to the story.

The Independent is trusted by 27 million Americans from across the entire political spectrum every month. Unlike many other quality news outlets, we choose not to lock you out of our reporting and analysis with paywalls. But quality journalism must still be paid for.

Help us keep bring these critical stories to light. Your support makes all the difference.

Jared Kushner, former President Donald Trump’s top advisor and son-in-law, is leaving politics to launch an investment firm, reports say.

Sources familiar with Mr Kushner’s plan said on Wednesday that the launch of the firm will take place in the next few months and remove Mr Kushner from the political fray for the foreseeable future.

The former chief executive of Kushner Companies and aide to the last Republican president is finalizing the process for starting up Affinity Partners, an investment firm that will be based in MiamiReuters reported.

The husband of Mr Trump’s daughter Ivanka is also looking at opening an office in Israel to invest in local projects, connecting the Israeli economy with India, North Africa, and the Gulf, the news agency reported.

As of yet, it’s unclear who the potential investors include and sources say the venture is still in its planning stage.

Since leaving the White House in January, Mr Kushner has been spending his time with family in Miami and writing a book about his time in the Trump administration that’s expected to hit the shelves early next year.

In 2020, Mr Kushner worked to facilitate a deal between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco, as well as a trade deal between the US, Mexico, and Canada.

Reuters reported that Mr Kushner is still close with Mr Trump, but leaving the political field makes it less likely that he will be a part of Mr Trump’s possible political revival as he mulls another run for the White House in 2024.

While the vast majority of Republican officials and voters strongly support Mr Trump, the deadly attack on the Capitol on 6 January and Mr Trump’s false claims that President Joe Biden won the 2020 election through voter fraud has made some uneasy about appearing to be too close to the former president.

During the summer, Mr Kushner and his family have been at Mr Trump’s golf course in Bedminster, New Jersey.

Many mocked Mr Kushner on his way out of politics as the news spread on social media.

“After bringing endless peace to the Middle East, solving racism, and being involved in almost every tremendous decision Trump made, Kushner is taking a well-deserved leave from something he never properly entered in the first place,” Independent columnist Ahmed Baba tweeted sarcastically.

Political Scientist Don Moynihan added: “Jared Kushner will step back from politics, a field where he earned his elevated position through nepotism rather than elected office, in order to concentrate on monetizing his political connections.”

Web developer Laurie Voss wryly noted: “I am shocked, shocked to learn that Jared Kushner cannot find a job in politics anywhere and so is going back to his previous job of Being Born Wealthy.”

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in