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Ranking Member Huffman Speaks on Donald Trump Jr.'s $670 Million Taxpayer-Funded Deal

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4/14/2026, 9:57 PM

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At today's Oversight and Investigations Subcommittee hearing on the critical minerals supply chain, Subcommittee Ranking Member Maxine Dexter (D-Ore.) forced a vote to subpoena Donald Trump Jr. to testify under oath about his financial stake in Vulcan Elements and how he potentially benefited from insider influence after his father, President Trump, funneled over $670 million taxpayer dollars into the company. Vulcan Elements, a rare earth startup, received a $620 million Pentagon loan three months after Trump Jr.'s firm invested in the company. It got another $50 million deal when the federal government bought partial ownership in the company. Full Committee Ranking Member Jared Huffman (D-Calif.) backed the motion. ABOUT OUR COMMITTEE The U.S. House Committee on Natural Resources considers legislation and conducts congressional oversight on all issues within the Committee’s jurisdiction, including the ongoing climate crisis; environmental justice; public lands, waters, oceans, wildlife, and cultural resources; energy development and mining; Indigenous affairs; the U.S. Insular Areas; and all activities of the U.S. Department of the Interior, the U.S. Forest Service, and the National Oceanic Atmospheric Administration. COMMITTEE DEMOCRATS' MISSION Under the leadership of Ranking Member Jared Huffman, House Natural Resources Committee Democrats advance meaningful, justice-oriented solutions to fight climate change, pursue a healthier, more sustainable planet, and elevate the interests of Indigenous Peoples and residents of U.S. Insular Areas. Check out our channel here: https://www.youtube.com/user/NaturalResourcesDems Don’t forget to subscribe! FIND US OR LEARN MORE AT https://democrats-naturalresources.house.gov/ FOLLOW US ON SOCIAL Twitter: https://twitter.com/NRDems Facebook: https://www.facebook.com/NRDems Instagram: https://instagram.com/nrdems Bluesky: https://bsky.app/profile/naturalresources.bsky.social Flickr: https://www.flickr.com/photos/naturalresourcesdems/

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