Treasury Secretary Steven Mnuchin defended accusations that a U.S.-drafted economic solution to bring about Israeli-Palestinian peace has little chance of success.
Steven Mnuchin said that Jared Kushner's "Peace to Prosperity" plan for Palestine is workable.
The U.S. Treasury Secretary told CNBC that President Trump's son-in-law had conducted a successful event in Bahrain.defended accusations that a U.S.-drafted economic solution to bring about Israeli-Palestinian peace has little chance of success. President Donald Trump's son-in-law and White House senior advisor, Jared Kushner, chaired a "peace to prosperity" workshop in Bahrain this week, based on a plan to spend as much as $50 billion on investments in the Palestinian territories as well as neighboring areas such as Jordan and Lebanon.
Ahead of the event, Palestinian Authority President Mahmoud Abbas, claimed that "nobody will live along enough to see this $50 billion," adding: "We are used to this nonsense, let us not listen to endless lies." Representatives from private investors, the World Bank and Intentional Monetary Fund have gathered in Bahrain but no officials from either the Palestinian or Israeli government are attending the summit.
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'I'll invest in it': Anthony Scaramucci defends Jared Kushner's Middle East peace planPresident Donald Trump's son-in-law Jared Kushner has presented a $50 billion investment plan for economic growth and peace in the Middle East that has been greeted with skepticism, but not in all quarters.
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Kushner says peace deal is needed for Palestinian economic plan to succeedPitching his $50 billion proposal to revitalize the Palestinian economy, senior White House adviser Jared Kushner argued Tuesday that his economic proposal will only succeed if there is a resolution to the Israeli-Palestinian conflict.
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Palestinians rally against Kushner's economic peace planPalestinians burned portraits of President Donald Trump as they protested in bot...
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Palestinians rally against Kushner's economic peace planGAZA/RAMALLAH (Reuters) - Palestinians burned portraits of President Donald Trump as they protested in both the Gaza Strip and the Israeli-occupied West Bank on Monday against U.S.-led plans for a conference on their economy in Bahrain. Many Palestinian business groups have said they will boycott the
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