Trump Action Archive

Supporting reports

• Pentagon loan of $620 million pushed through for Trump Jr.-linked company — ProPublica reported that a top White House aide intervened to expedite a $620 million Pentagon loan for a small North Carolina startup linked to Donald Trump Jr. A person involved in the transaction told ProPublica: "The call came from the White House: We have to get this done." The company's valuation jumped from approximately $200 million to billions following the White House intervention, indicating the loan was granted on terms favorable to Trump family interests rather than merit-based criteria.
• Pentagon awarded $620 million loan to Trump Jr.-linked startup via White House request — ProPublica reported that the Pentagon awarded a $620 million loan to Vulcan Elements, a North Carolina startup linked to Donald Trump Jr., following a direct request from Peter Navarro, a White House adviser and friend of Trump Jr. The Pentagon and the company initially denied any political favoritism, with Trump Jr.'s spokesperson claiming he was not involved. However, interviews and DOD records show Navarro initiated the loan request, and Vulcan's was the only deal among dozens of Pentagon funding considerations that originated from a top presidential aide. Pentagon staff worked at an unusually rapid pace with minimal sleep to complete the loan in a matter of weeks after receiving the White House directive.
• Trump trade advisor pressures Pentagon to loan $620 million to company with Trump Jr. stake — Trump's trade advisor Peter Navarro personally pressured the Pentagon to loan $620 million to Vulcan Elements, a North Carolina startup in which Donald Trump Jr. holds a financial stake. The Pentagon invested $620 million in Vulcan, a rare-earth magnet company, and another $80 million in its partner ReElement. The Commerce Department provided $50 million in additional incentives, and the government took a $50 million stake in Vulcan. When Trump Jr.'s venture capital firm 1789 Capital invested in August 2025, Vulcan was valued at approximately $200 million; after government investments, the valuation jumped to around $2 billion.
• Pentagon Approves $620 Million Loan to Trump Jr. Company at White House Direction — ProPublica reported that a $620 million loan approved by the Pentagon to a company linked to Donald Trump Jr. was initiated by White House adviser Peter Navarro, with a Pentagon source stating, "The call came from the White House: We have to get this done." The loan was approved last year and represents a direct intervention by the White House in Pentagon contracting decisions.

Supporting reports

• Modernizing the Arsenal of Freedom: DoW Awards $9.7B Microsoft Enterprise Agreement to Power Global Mission Readiness — The Department of War published a release on 2026-05-28 through its releases channel. The department's own account of it reads: "The Department of War awarded a Core Enterprise Technology Agreement to Dell Federal Systems for Microsoft services to strengthen the department's digital infrastructure and accelerate modernization efforts across the joint force."
• Trump purchased Dell stock, promoted company, then Pentagon awarded $9.7 billion contract — Trump purchased between $1 million and $5 million in Dell Technologies stock on February 10, 2026. Over the following months, he repeatedly promoted Dell products in public speeches and on social media (February 27, March 9, April 16, May 8). On May 27, the Pentagon announced a five-year, $9.7 billion contract with Dell to provide software to the U.S. military. The contract has propelled Dell stock to an all-time high, directly enriching Trump's holdings.
• Pentagon $9.7 Billion Dell Contract Bolsters Trump's Personal Portfolio — The New York Times reported that the Pentagon's announcement of a $9.7 billion contract with Dell is likely to bolster Trump's personal investment portfolio, after the president purchased more than $1 million worth of Dell stock earlier in 2026. The timing and scale of the contract raise questions about conflicts of interest in federal procurement.

Supporting reports

• Trump Media announces $6 billion merger with fusion energy company — Trump Media announced a $6 billion merger with a speculative fusion energy company that currently has no commercial power plants and relies heavily on Department of Energy approvals and grants. The stock surged more than 30 percent on the announcement. A sitting president presiding over regulatory agencies while his own company benefits financially from their decisions represents a direct conflict of interest and potential self-enrichment through abuse of executive power.
• Trump Media announces multibillion-dollar merger with fusion energy company — Trump Media announced a multibillion-dollar merger with a fusion energy company, causing its stock to surge despite the company's ongoing financial losses. The merger of a struggling social media firm with speculative energy technology raises conflict-of-interest concerns given that the company's founder is the sitting president with direct authority over energy policy and regulatory decisions affecting the energy sector.
• White House issues fact sheet announcing pharmaceutical pricing agreements under most-favored-nation framework — The White House issued a fact sheet announcing that President Trump secured agreements with nine major pharmaceutical manufacturers (Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis, and Sanofi) to reduce prescription drug prices to match the lowest prices paid by other developed nations. The fact sheet states the agreements will provide Medicaid programs access to reduced prices, require companies to repatriate foreign revenue gains, mandate deep discounts through TrumpRx, and commit manufacturers to at least $150 billion in U.S. manufacturing investment. The document claims specific price reductions across multiple drug categories and states that companies will donate active pharmaceutical ingredients to a Strategic Reserve.

Supporting reports

• EPA drops case against Geo Group after donations to Trump — The Trump administration's Environmental Protection Agency (EPA) dropped a case against Geo Group, a private prison operator, which faced up to $4 million in fines for using a toxic disinfectant at an immigration facility. This decision followed Geo Group's significant donations to Trump and Republican leadership. The EPA's move is considered unusual and has raised concerns about political intervention, as Geo Group is a major player in the administration's immigration policies. The case involved allegations of health risks to employees and detainees due to the use of the disinfectant.

Supporting reports

• Trump Threatens to Cancel SpaceX Contracts — On Thursday, former President Donald Trump threatened to cancel government contracts with Elon Musk's businesses, including SpaceX, which has been a significant contractor for NASA. Trump made this statement on his social media platform, Truth Social, suggesting that terminating these contracts would save billions of dollars. This threat was part of an ongoing public feud between Trump and Musk, which escalated after Musk criticized Trump's tax and spending bill. Musk initially responded by announcing the decommissioning of SpaceX's Dragon spacecraft but later retracted this decision.

Supporting reports

• Trump Media & Technology Group raises $2.5 billion to buy Bitcoin — Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced it has raised $2.5 billion from approximately 50 institutional investors to purchase Bitcoin, creating a "Bitcoin treasury." This move is part of a strategy to increase the company's value despite its financial struggles. The funds were raised through the sale of common stock and convertible senior secured notes. The involvement of Donald Trump, who influences policies affecting cryptocurrency, is seen as a key factor in attracting investors. This action aligns with Trump's broader efforts to profit from rising cryptocurrency prices during his presidency.
• Truth Social launches investment accounts linked to Trump's policies — Truth Social, under Trump Media & Technology Group, announced the launch of new investment accounts offering thematic strategies aligned with "American values and priorities," such as "Made in America." These accounts are designed to capitalize on Trump's federal policies, including tariffs, which could benefit certain domestic companies. The initiative is a collaboration with Index Technologies Group and aims to align investment portfolios with patriotic and ethical convictions. As the majority shareholder, Trump stands to profit from these accounts through fees and strategic investments influenced by his administration's policies.

Supporting reports

• Trump Hosts Crypto Dinner at Country Club — Former President Donald Trump hosted a crypto-themed dinner at his country club near Washington, D.C., where attendees reportedly spent a combined $394 million on a cryptocurrency associated with Trump. The event, which included the use of a government helicopter and the presidential seal, has raised concerns about conflicts of interest and potential corruption. The White House has refused to disclose the guest list, but social media posts have identified some attendees, including crypto billionaire Justin Sun, who spent $75 million and is under investigation by the SEC.
• Trump Hosts “Pay-to-Play” Dinner with Cryptocurrency Investors — Trump hosted a dinner at his Virginia golf club for top investors in his personal cryptocurrency, raising concerns about potential influence on US financial regulations. This event highlights issues of transparency and ethics in political fundraising.

Supporting reports

• Trump Administration's Real Estate Developments Abroad — During Trump's second term, real estate developers are planning and constructing 20 Trump-branded projects in nine foreign countries. These developments will nearly triple the number of Trump properties operating abroad. The projects involve seeking subcontractors, buyers, and permits from foreign governments, raising concerns about potential conflicts of interest.
• Trump Organization Strikes $5.5 Billion Deal in Qatar — The Trump Organization has entered into a partnership with Qatari Diar and Dar Global to develop a $5.5 billion Trump International Golf Club in Qatar. This deal, announced on May 1, 2025, is part of a broader strategy to expand the Trump brand internationally. Eric Trump, who announced the deal alongside a Qatari government official, emphasized the collaboration's significance. The partnership raises concerns about the potential for foreign influence on U.S. policy in exchange for business opportunities.
• Jared Kushner's hotel project in Serbia halted — A $500 million Trump International Hotel project in Belgrade, Serbia, led by Jared Kushner's firm, has been halted after a government official admitted to forging a document to allow the demolition of a historic building on the site. The incident raises questions about the legality and ethics of the project's approval process and its impact on cultural heritage.

Supporting reports

• New exclusive club "Executive Branch" opens in D.C. — A new invitation-only club called "Executive Branch" opened in Georgetown, Washington, D.C., backed by Donald Trump Jr. and megadonor Omeed Malik. The club, which costs over half a million dollars to join, aims to facilitate private discussions between top business executives and Trump advisors and cabinet members. The club reportedly already has a waiting list.
• Trump family launches "Executive Branch" club for elite access — A new invitation-only club called "Executive Branch" has opened in Georgetown, Washington, D.C., backed by Donald Trump Jr. and megadonor Omeed Malik. The club, which costs over half a million dollars to join, is designed for top business executives to engage privately with Trump advisors and cabinet members. The club reportedly already has a waiting list, indicating significant interest among wealthy individuals in accessing political power.
• — Donald Trump Jr., along with Trump donor Omeed Malik and others, has launched an exclusive club called the "Executive Branch," which requires a membership fee exceeding half a million dollars. The club is designed for business and tech leaders to foster relationships with the Trump administration, offering access to Trump advisers and cabinet members. This initiative raises concerns about monetizing access to government officials and the potential for influence peddling.