Yet Another Trump Jr.-Backed Company Receives Massive Pentagon Deal
Yet Another Trump Jr.-Backed Company Receives Massive Pentagon Deal
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Yet Another Trump Jr.-Backed Company Receives Massive Pentagon Deal | Common Dreams
For the second time this year, a little-known company backed by Donald Trump Jr. has scored a major contract with the US Department of Defense.
The Financial Times reported on Wednesday that Vulcan Elements—a tiny startup of 30 employees that specializes in producing rare-earth magnets used in drones, radars, and other pieces of military equipment—has scored a $620 million loan from the Pentagon as part of “a $1.4 billion deal to increase the supply of magnets for industries alongside partner ReElement Technologies.”
Why do we allow this? Why is he specifically allowed to keep all his conflict of interests? Just more proof state apparatuses will always be captured to benefit the corrupt.
He's been using "national emergency" as an excuse to bypass normal bidding procedures on other shit. Congress won't do anything to stop them either.