Trump's son-in-law's company is involved in investing in weapons supplies to Israel, CNN reports.

Affinity Partners founded by Jared Kushner holds a major stake in the Israeli-based Phoenix Financial. Last January, shortly before Trump's inauguration, the company doubled its stake, bringing it to nearly 10%.

CNN names Israel's largest defense company, Elbit Systems, as well as the whole bunch of businesses supplying their products to the Israeli military, among the legal entities in which Phoenix Financial invested.