Trump Sons' Company Deletes Reference to Government Grants
Tap title to read story
0:00 / 0:37
Donald Trump's sons, Eric and Donald Trump Jr., received millions in founder shares from New America Acquisition 1 Corp., a SPAC aiming to acquire a US manufacturer. An initial filing mentioned seeking government grants and incentives, a potential conflict of interest given their father's presidency. The line was later removed, with the Trump Organization and their legal team citing a scrivener's error. However, ethics experts criticized the removal as an attempt to exploit public office for private gain. The company plans to raise $300 million through a stock sale.
More context
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
