Paramount’s hostile bid for Warner Bros. Discovery includes public investment funds of Saudi Arabia, Abu Dhabi and Qatar and Jared Kushner's Affinity Partners.

By making a show of his indecision, the president is inviting a battle for his support. This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.

Gulf sovereign funds and Jared Kushner’s Affinity Partners are supporting Paramount’s $108 billion bid for Warner Bros., raising questions about money, media influence, and the law firms behind the bid.

Members of the U.S. Congress have raised national security concerns after media outlets reported that Paramount Skydance's bid (PSKY) for Warner Bros. Discovery (WBD) is expected to be backed by Arab sovereign funds.

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

The move comes as the Supreme Court also appears poised to put antitrust enforcement by the Federal Trade Commission under his control.

Jared Kushner’s private-equity firm, Affinity Partners, is part of the Hail Mary after Netflix agreed to pay $82.7 billion for the media and entertainment conglomerate, beating out Paramount and Comcast after a monthslong bidding war, Axios first reported.

Jared Kushner, President Trump's son-in-law, is putting his private equity ammo behind Paramount's hostile takeover bid for Warner Bros Discovery — in what could be the second major takeover he's been involved in this year.