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https://www.reddit.com/r/law/comments/1 … 0_million/
The Pentagon announced a $620 million loan last year to a startup linked to Donald Trump Jr. Although defense officials and the company, Vulcan Elements, have denied cronyism, we found that the request came directly from the White House.
Interviews and Defense Department records show that it was made by Peter Navarro, the president’s adviser on trade and manufacturing and a friend of Trump Jr’s. After receiving Navarro’s request, defense officials asked Pentagon staff to move at an unusually rapid pace, a person who was involved in the deal told ProPublica.
Navarro and Trump Jr. have formed a tight bond in recent years. Trump Jr. was one of a small circle of people Navaro dedicated his latest book to for having “my back when it was against the wall,” and Trump Jr. hosted Navarro on his show, encouraging his nearly two million subscribers to buy the book.
About three months before the Vulcan deal was announced, Trump Jr.’s venture capital firm took a stake of undisclosed size in the startup.
This deal is one of many actions by the Trump administration that have helped companies in which the Trump family holds stakes.
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