Donald Trump Jr. Chooses Private Sector Over Public Office
Donald Trump Jr., the eldest son of President-elect Donald Trump, has opted not to join his father’s administration in any official capacity. Instead, he is set to take a role at 1789 Capital, a venture capital firm focused on investing in conservative-leaning businesses, according to sources familiar with his plans.
Active Campaign Role, Now Shifting to VC
Despite his involvement in his father’s recent presidential campaign—where he played a part in selecting Ohio Senator JD Vance as the vice-presidential candidate—Trump Jr. is choosing to focus on private ventures rather than public office. His work with 1789 Capital aligns with his interest in advancing conservative business principles.
1789 Capital’s Approach: EIG Over ESG
Founded by Omeed Malik, a Trump donor, 1789 Capital distinguishes itself by focusing on “entrepreneurship, innovation, and growth” (EIG), a conservative alternative to the popular ESG (environmental, social, and governance) model. This shift comes amidst Wall Street’s growing pushback against “woke” investing, a stance Malik’s firm actively distances itself from.
Family Legacy in Business and Investment
Donald Trump Jr. joins Jared Kushner, his brother-in-law and former senior White House adviser, in the private investment sector. Kushner founded the private equity firm Affinity Partners after leaving the White House, underscoring a trend among Trump family members to leverage their business acumen in the private sector.
The decision by Trump Jr. to join 1789 Capital comes as President-elect Trump assembles his new administration, with many allies vying for key roles. Trump Jr.’s transition to venture capital reflects the family’s continued focus on business ventures and conservative-aligned investments.
