Trump Nepotism

Trump's sons are making out like bandits in his Nepotistic WhiteHoouse: A short drive from President Donald Trump’s Mar-a-Lago Club, in a small office a block from the beach, sits the headquarters of 1789 Capital, a firm founded just a few years ago with plans to invest in businesses aligned with conservative values. Since Donald Trump Jr. joined as a partner shortly after his father’s reelection, 1789 Capital has rapidly grown to manage billions of dollars in assets with a strategy that closely reflects the president’s policies. Companies backed by 1789 Capital have also significantly increased their federal funding under the Trump administration, a CNN analysis of contracting data found. Ten defense, space and software companies that Trump Jr.’s firm is invested in have been awarded over $1.6 billion from federal contracts and grants in the first 500 days of Trump’s second term – 79% more than the amount they were awarded during the same time period at the end of President Joe Biden’s term. That doesn’t include a handful of other federal loans and subcontracts worth more than $1 billion in total that other startups backed by the firm are on track to receive under the Trump administration. 1789 Capital leaders have also backed companies that could financially benefit from policy moves made by the administration – including a firm promoting direct-to-consumer pharmaceutical sales, a company that sells testosterone and a vaping manufacturer. There’s no evidence that 1789 Capital or Trump Jr. have pushed for the companies they’ve invested in to get any federal funding. Asked whether anyone with 1789 Capital has ever discussed federal contracts involving those companies with the Trump administration, Thomas Clare, an attorney representing the firm, said in a statement “the answer is unequivocally no.” A spokesperson for Trump Jr. also said he plays no role in the contracting process. And the companies receiving the contracts say they have no knowledge of anyone with the firm swaying public funds. https://www.cnn.com/2026/07/20/politics/trump-jr-investments-federal-funding-invs nepo·tism [ˈnɛpətɪz(ə)m] noun nepotism (noun) the practice among those with power or influence of favouring relatives, friends, or associates, especially by giving them jobs: