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Axios
Axios
Business

Trump alums Kushner and Mnuchin cash in on Saudi ties

Donald Trump Jared Kushner United States Steven Mnuchin Affinity

Two former top officials in the Trump White House have secured billions of dollars from the Saudi government, in the form of investments in their new private equity funds, the New York Times reports.

Driving the news: Jared Kushner's firm, Affinity Equity, scored a $2 billion commitment from Saudi Arabia's Public Investment Fund, while former Treasury Secretary Steven Mnuchin's Liberty Strategic Capital secured $1 billion.

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