Democrats on a powerful US congressional committee have launched an investigation into a venture capital firm which has thrived since recruiting Donald Trump’s son.

Donald Trump Jr joined 1789 Capital as a partner just days after his father won a second term in office in November 2024. Congressman Jamie Raskin, ranking member of the US House of Representatives judiciary committee, has asked the president’s son to detail the firm’s recent success.

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“Two years ago,” Raskin wrote, 1789 Capital was “a struggling venture capital firm that earned consistently disappointing results by serially investing in total market flops” but has since undergone a “miraculous transformation”.

“With Don Jr’s new leadership role, 1789 Capital has developed an uncanny ability to identify companies that are about to receive massive influxes of cash from the Trump administration or to benefit from significant changes in federal policies and regulations,” the top Democrat wrote. “They say there is no such thing as a sure thing in investing, but this is about as close as you can get.”

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[–] 48 points 1 month ago (1 child)

It's obvious, isn't it? Jr. is a incredibly skilled and a genius that world has never seen before, everybody says so.

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  • [–] 37 points 1 month ago (2 children)

    powerful US congressional committee

    Doubt.

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  • [–] 11 points 1 month ago

    I hope they prosecute, but I expect them to do nothing

    Watching Mamdani and Trump really made me realize how much our politicians simply choose to do nothing

    Mamdani is actually helping the people of New York. He's working to solve daily issues that were ignored for decades

    Trump is working to enrich himself and his friends and family. It's incredibly corrupt, but he's shown just how much power a president has if they want to use it

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  • [–] 27 points 1 month ago

    Oh no 👀 Is this leading to another sternly written letter of concern for the Trumps?

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  • [–] 14 points 1 month ago

    Don Jr. is no longer coke screaming into the internet so you know he's up to something nefarious with all of the quietude.

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  • [–] 8 points 1 month ago (1 child)

    Okay...? And...? Unless they decide to have some spines for once and DO something about any of it, then it just seems like they're wasting time/effort/taxpayer dollars just for a piece of paper that says "He did a bad". Kinda feels like if I walked up to Genghis Khan mid-battle and was like "Actually, by law of the ruler of XYZ, you can't be here" and then I'm shot by a thousand arrows

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  • [+] 7 points 1 month ago* (last edited 1 day ago)
    [removed by mod]
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  • [–] 6 points 1 month ago

    LOL, of course there is corruption here.

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  • [–] 6 points 1 month ago

    Outcome: he's a typical Gross Old Pedo Republican who does what they always do. Fucking grifters.

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  • [–] 5 points 1 month ago

    I thought congress legalized insider trading? Isn’t this pot calling the kettle black?

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  • [–] 4 points 1 month ago
    [–] 3 points 1 month ago

    Insidee trading/insider information. Corruption. Influence.

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  • [–] 3 points 1 month ago (1 child)

    Look at his face! Guy probably jerks off in front of a mirror every morning

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  • [–] 2 points 1 month ago

    Something something laptop penis pics entered into official record

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  • [–] 1 point 1 month ago