1. United States
2. Va.
3. Letter

Dear Members of Congress, Today, ProPublica published what it describes as the first documented instance of the White House directly intervening to secure a federal contract for a company tied to the President’s family. We are writing to demand that Congress open a full investigation immediately. Here are the confirmed facts: Three months after Donald Trump Jr.‘s venture capital firm, 1789 Capital, invested in Vulcan Elements — a rare earth startup — the Trump administration awarded the company a $620 million Pentagon loan and a $50 million equity stake. The loan was worth more than twice Vulcan’s entire valuation at the time. It was awarded without competitive procurement and without the independent technical review required by law — a requirement President Trump quietly waived by executive order. No public record exists of any conflict-of-interest review, recusal, or financial disclosure related to Trump Jr.’s stake. None. Vulcan is not alone. At least four companies in 1789 Capital’s portfolio have received federal contracts or awards totaling more than $735 million from this administration. When Democrats on the House Natural Resources Subcommittee moved to subpoena Donald Trump Jr. to testify under oath, Republicans blocked the motion and immediately adjourned the hearing. House Republicans spent two years and millions of taxpayer dollars investigating Hunter Biden for potentially profiting from his father’s office. The standard they set must now apply equally. We demand a full congressional investigation into the Vulcan Elements deal and all federal awards to 1789 Capital portfolio companies, subpoena power to compel Donald Trump Jr.’s testimony, and legislation closing the conflict-of-interest loopholes this administration has exploited. This is not a partisan issue. It is a corruption issue. Do your jobs.