September 20, 2026 · Corruption, Ethics & Self-Dealing
· Ethics and financial event
Developing
Trump Sons' $1 Billion Fund Expands Into AI as Trump Rejects Safety Slowdown Calls
Donald Trump Jr. and Eric Trump have expanded 1789 Capital, a roughly $1 billion fund they back, into AI and drone companies even as the administration pushes to speed up AI development, The Washington Post reported September 20, 2026. The report also noted Intel's stock has roughly doubled since the government took a 10% stake in the company.
President Trump has rejected calls from tech executives and Democrats for an AI safety slowdown while his sons' fund grows in the same sector. The Post's reporting did not identify any specific policy decision made to benefit the family's holdings, leaving the conflict-of-interest question open rather than documented.
Neither the White House nor 1789 Capital has addressed the overlap between the administration's AI push and the fund's expanding stake in the sector.
President Trump has rejected calls from tech executives and Democrats for an AI safety slowdown while his sons' fund grows in the same sector. The Post's reporting did not identify any specific policy decision made to benefit the family's holdings, leaving the conflict-of-interest question open rather than documented.
Neither the White House nor 1789 Capital has addressed the overlap between the administration's AI push and the fund's expanding stake in the sector.
Sources
- Trump Family AI Investments Pose Possible Conflict Questions — Idaho Public Press (syndicated from The Washington Post), 2026-09-20