When crypto mining companies Bitcoin in the United States announces plans To list on the Nasdaq Stock Exchange this week, the company called it a "main milestone" as a "main milestone," a little-known investment firm that recently added a very recognizable name to its advisory board: Donald Trump Jr.
It's a series of high-risk latest moves, possibly lucrative business deals, Trump Jr.
Trump Jr. since his father won the 2024 election.
During President Trump’s second term, the most public symbol of this rise of his son Donald Jr.—a unique blend of the Trump family in power and dealings—was publicly announced last month that it announced a highly exclusive private club known as the “executive department.”
During the event, the cocktails flowed and the server passed the caviar to A-level guests including Secretary of State Marco Rubio. Attorney General Pam Bondi; SEC Chairman and FCC Chairman Paul Atkins. The capital's Buzz Newsletter revealed the club's eye-catching club membership fee: $500,000.
Private clubs have long been the official fixture for Washington, where lobbyists and wealthy donors can interact with members of Congress and senior officials. But the adventure initiated by the president’s eldest son is new – according to critics, it’s the latest example of how the Trump family owns the paid culture of turbocharged Washington.
“I don’t think anything has ever been compared to the presidency raising the interests of private enterprises,” said law professor Joseph Briffaut.
For government regulators, members-only social clubs embody what they call an increasingly large mix of private business interests and government policies.
"It's undeniable, it undermines the public's belief in the government's business for the public good," said election lawyer Brett Kappel, a veteran of Washington, D.C.
Melanie Sloan is a former federal prosecutor who has advocated for years stronger ethics rules in the U.S. capital.
"It's actually the members bringing the money into the pockets of Donald Trump Jr and his business partners," Sloan said.
Trump's small allies disagree. They believe that the luxury membership fee is actually directed at the claim that this is a tool of influence, because members are already well connected.
"If your goal is to get as many people as possible to join, you will join in DC," said a source familiar with the concept behind the club.
Trump’s minor disputes have made suggestions about his father’s name or testing any moral boundaries.
"I am a private citizen," he said in a statement to CBS News. Trump added: "The left-wing media thinks I should lock myself in a padded room, stop me from making a living during my 25-year job and providing my five children with a living."
The White House calls Trump's small private sector morally justified, noting that President Trump's assets are trusts controlled by his family
The "Executive Branch" club is just one way for Trump Jr. to raise his profile during his father's second term. The president's son quickly expanded the family's cryptocurrency and continued to invest in real estate. He has also been the striker leader of the Maga Empire, replacing his sister Ivanka and brother-in-law Jared Kushner, the most principled and politically keen Trump Stokes in Washington.
Family businesses are global businesses. According to the New York Times, recently, Trump Jr.
At home, Trump Jr.
A few days after the election, Malik led Trump Jr. Trump Jr. soon joined the board of arms retailer Grabagun and online health care company Blinkrx, both capital properties in 1789.
It's not hard to see the impact when the company brings Trump Jr. to the board. Dominari Holdings Inc., a wealth management and banking service company, announced it would bring to the president's two sons, and its shares rose 83% to record heights, eventually surpassing 30% before Trump Jr.Jr joined. Shortly thereafter, the CEO of Dominari announced that the company is planning investment in AI and data centers, and the Trump administration has been mass-removing regulations in the growth industry. In a company press release, CEO Kyle Wood cites “strategic insights” from both departments by Trump and Eric Trump.
This week, Trump sons Donald Jr. and Eric made a list on Nasdaq after merging with a Gryphon Digital Mining Inc. Gryphon Digital Mining Inc. Dominari Holdings. Dominari holds effectively act as a banker for trading and have been linked to potential investors.
In another example of what is called "Trump Bump," when the stock price of the unusual machine of the Florida drone manufacturer almost doubled, it was reported that Trump Xiao was on the board.
The unusual machines that produce their drones and components in the United States are designed to reduce the U.S. reliance on Chinese drones. But it is the company currently relying on Chinese parts, which means the Trump administration's levy tax on China could damage the company's bottom line. CEO Allan Evans said he would not ask Trump Jr.
“I would never ask him to do anything or promote something like that,” Evans told the Wall Street Journal.
Trump Jr. and his defenders applauded critics, suggesting him joining the board seat and the championship’s business interests, brought echoes from relatives of the president, such as Billy Carter, Neil Bush or Hunter Biden. They called him a skilled entrepreneur with a long track record of business success, leveraging his position by making savvy business decisions, building lucrative connections between technology and financial leaders, while building strong political action in Washington.
Trump Jr. said in a social media post that the comparison of Biden, especially Hunter, made a clear response: “He became a 'businessman’ after his father was elected.” “I joined a venture capital firm that invested in private U.S. companies and had nothing to do with the government.”
Sean Spicer said: “Don Jr.
Today, Spicer said that Trump Jr. was the one who saw it. Spicer worked closely with the president's son in the first semester, and he said the evolution is close.
"If the phone rings, it's Don Jr., it's better to pick up the first ring," Spicer said. During the 2020 campaign, Trump Jr. became a powerful asset to his father, struggling on the trails and fully embodies the Maga brand. He waved "red meat" to the fanatical crowd at Trump's rally and showed the instinct of the neck, which reminded observers of Trump's seniors.
His friends say a large part of his success is the ability to integrate with the grassroots magazine world.
“Don Jr.
His allies say Trump Jr. plays inside and outside to make him a unique player in Trump Washington - someone with unparalleled influence within the administration, who is also able to operate freely in the private sector.
He is currently serving as White House Tsar for Crypto and AI with Elon Musk and David O. Sax. Last month, he became the first member of the executive branch club.