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The billion-dollar federal contracts tied to Trump allies and family members
What happened
AlterNet columnist Robert Reich reports that investment companies backed by Donald Trump Jr. and Eric Trump have accumulated between $3.2 billion and $6.3 billion in Pentagon contracts, current funding, and future options since January 2025. He also identifies Palantir, founded by Trump and JD Vance ally Peter Thiel, as a major Defense Department partner benefiting from the war with Iran.
Reich connects those contracts to a broader pattern: politically connected companies and donors receiving tariff exemptions, pharmaceutical firms gaining favorable treatment, and industries…
The skinny
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