By Matt Egan, CNNNew York (CNN) — Three Democratic senators are sounding the alarm about lucrative contracts and loans the Pentagon provided to companies linked to Donald Trump Jr. After his father, President Donald Trump’s, November 2024 election victory, his son, Trump Jr., announced plans to join venture capital firm 1789 Capital as a partner. 1789 Capital is known for investing in conservative-linked businesses and products, including Tucker Carlson’s media company. The lawmakers did not allege 1789 Capital or Trump Jr. violated any laws. That company, which has been backed by 1789 Capital, also received a $22.5 million contract during the Biden administration in 2022.

Source: CNN January 24, 2026 01:38 UTC