President Donald Trump’s son became partner in investment firm 1789 Capital just after 2024 election
Amid accusations over the nature of the Trump family’s business connections in the Middle East and the apparent gift of a jumbo jet to the U.S. by Qatar, Donald Trump Jr. has reacted furiously to a report that accuses him of cashing in on his father’s presidency through the dealings of a small venture capital firm.
The report by Business Insider makes a stark comparison between the president’s eldest son and the son of his predecessor, Hunter Biden, which Trump Jr. takes particular exception to.
Republicans relentlessly hounded President Joe Biden’s son for allegedly using his famous last name in his own dealings in Ukraine and China. With a possible prison sentence hanging over him for gun and tax convictions, his father issued a presidential pardon before leaving office.
The Insider article alleges that Don Jr stands to profit handsomely from federal contracts awarded by his father’s administration to companies in which the venture capital firm has invested. It also claims that a private club being set up in Washington, D.C., is effectively “selling access to the president via the back door.”
Reposting a tweet linking to a Breitbart News response to the article, Don Jr said on X: “The difference between me and Hunter Biden? I’ve been a businessman and serial investor my entire adult life. He became a ‘businessman’ after his dad got elected.”