Vulcan Elements
Coverage of Vulcan Elements in the Nexus archive.
- Catching Our Eye News Roundup, June 19, 2026
An Ohio group backing equal rights and same-sex marriage amendments will not submit ballot measures this fall. ProPublica reports the Pentagon approved a $620 million loan to a company linked to Donald Trump Jr. after a White House intervention. President Trump's war against Iran is expected to conclude with a cease-fire, leaving the U.S. weakened.
- Lawmakers Demand Answers After the White House Initiated a $620M Loan to a Firm Tied to Donald Trump Jr.
Lawmakers demanded answers after the White House secured a $620 million Pentagon loan for Vulcan Elements, a startup linked to Donald Trump Jr. The intervention by Peter Navarro, a senior White House aide, raised concerns about corruption and biased use of taxpayer funds.
- How Trump has used the presidency to benefit himself and his allies
President Trump sought to create a $1.8 billion fund to benefit supporters through a lawsuit against the government, which faced backlash and reconsideration. He also pursued a $10 billion lawsuit against the IRS and Treasury Department after tax returns were leaked, while his family's businesses secured government contracts and financial support.
- How Trump has used the presidency to benefit himself and his allies
President Donald Trump sought to create a $1.8 billion fund to settle lawsuits against his government while benefiting supporters, including those involved in the 2021 Capitol attack. Trump and his family also pursued legal actions against federal agencies and secured business deals linked to his family, with the White House denying any conflicts of interest.
- The White House intervened to get a $620 million deal for an NC company tied to Donald Trump Jr.
The White House, through Peter Navarro, a White House adviser and friend of Donald Trump Jr., initiated a $620 million Pentagon loan to Vulcan Elements, a North Carolina startup linked to Trump Jr. Pentagon officials expedited the approval process, raising concerns about potential cronyism. The loan is part of broader efforts by the Trump administration to support companies with ties to the Trump family.
- The White House Intervened to Get a $620 Million Deal for a Company Tied to Donald Trump Jr.
The White House intervened to secure a $620 million Pentagon loan for Vulcan Elements, a rare-earth magnet company linked to Donald Trump Jr. The deal, initiated by White House adviser Peter Navarro, was processed at an accelerated pace despite claims of no political influence, raising concerns of cronyism. Trump Jr.'s venture capital firm also held a stake in the company before the loan announcement.