POLITICSPROPUBLICA
The White House Intervened to Get a $620 Million Deal for a Company Tied to Donald Trump Jr.
The White House intervened to secure a $620 million Pentagon loan for Vulcan Elements, a rare-earth magnet company linked to Donald Trump Jr. The deal, initiated by White House adviser Peter Navarro, was processed at an accelerated pace despite claims of no political influence, raising concerns of cronyism. Trump Jr.'s venture capital firm also held a stake in the company before the loan announcement.
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