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Donald Trump told CNBC’s Squawk Box this morning that an extension of the Iran ceasefire was “highly unlikely.” By three this afternoon he had posted to Truth Social that he was extending it after all, citing a “seriously fractured” Iranian government. Between those two statements, Iranian negotiators refused to meet with the American peace envoy in Pakistan. Their reason, repeatedly reported and acknowledged on tonight’s broadcast, was direct: the peace envoy represents Israel, not the United States.

The peace envoy is Jared Kushner.

Kait Justice, writing at Downwind of Truth, has been tracing the Kushner thread for over a month. Tonight she laid the pieces out together. In 2021, at the close of Donald Trump’s first administration, the Saudi sovereign wealth fund put two billion dollars into Kushner’s newly formed Affinity Partners. The fund’s own board advised Crown Prince Mohammed bin Salman against the investment — Kushner, the board said, had neither the experience nor the track record for the money. The Crown Prince overrode the board. Affinity Partners now reports six billion dollars under management, up from four-point-eight billion in 2024. The mission of the firm, Justice said on air, is to create an investment channel between Saudi Arabia and Israel.

That mission has a paper trail that runs through Jeffrey Epstein. In emails surfaced in Justice’s reporting, Epstein wrote to a Qatari royal that “if the people would allow your country to recognize Israel, it could be interesting to discuss.” The email predates the Abraham Accords — Kushner’s signature first-term diplomatic achievement — by two years. In a parallel thread, Epstein pitched the Saudi royal court on an oil-backed currency and a compliant cryptocurrency, claiming on the page that he had already spoken to the founders of Bitcoin. Kushner’s network picked up the pieces Epstein left behind, and built the firm Riyadh now writes the checks to.

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