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House Republicans Block Subpoena for Donald Trump Jr. in Minerals Loan Inquiry

The blocked vote freezes Democrats’ effort to examine a Pentagon financing deal tied to a company backed by the president’s son.

Overview

  • Republicans on the House Natural Resources oversight panel tabled a Democratic motion to subpoena Donald Trump Jr. in a 5-2 vote, then adjourned the hearing.
  • Democrats, led by Rep. Maxine Dexter, sought Trump Jr.’s sworn testimony on his stake in Vulcan Elements and any benefit from federal actions, and moved to subpoena Pentagon official Patrick Witt and Vulcan Elements CEO John Maslin.
  • The dispute centers on the Defense Department’s Office of Strategic Capital committing a reported $620 million loan, and $50 million in equity, to Vulcan Elements months after 1789 Capital took a stake.
  • An attorney for 1789 Capital, Vulcan Elements’ CEO, and a Pentagon official each said Trump Jr. had no role in loan talks and did not arrange meetings tied to the financing.
  • The Office of Strategic Capital funds U.S. supply chains for critical materials like rare-earth magnets used in weapons and clean energy, and the standoff now shifts to longer-term committee oversight and documents on conflict-of-interest reviews.