Donald Trump Jr.’s venture capital firm rejects House Democrat’s accusations of “insider political influence”

September 9, 2026 / 6:05 AM EDT / CBS News

Donald Trump Jr.'s venture capital firm punched back Tuesday at suspicions cast by a key congressional Democrat about potential "insider political influence," likely foreshadowing the political showdowns in the U.S. House if control of the chamber flips in the November elections.

In a letter shared with CBS News, the legal counsel for the president's eldest son's firm, 1789 Capital, rejected Rep. Jamie Raskin's characterizations of the firm and criticized his "spaghetti-against-the-wall approach." The firm did not provide the materials requested by Raskin.

"1789 Capital welcomes legitimate congressional oversight, but it has no intention of being held hostage to political gamesmanship in which assertions are made publicly and broad demands for confidential business records follow in the hope that those records will supply the factual basis that was missing when the assertions were made," lawyer Alexander J. Merton said in the letter sent to Raskin's office.

Raskin, the top Democrat on the House Judiciary Committee, launched an investigation last month into 1789 Capital, alleging that it bought stakes in some companies shortly before they received federal government funding or favorable policy decisions. News reports have highlighted the apparent Midas touch that…

Original source: https://www.cbsnews.com/entertainment/