Trump Sons’ Company Tried to Cash In on Federal Incentives Before Scrubbing Disclosure
A Trump family-linked company initially disclosed hopes to leverage federal money but quickly withdrew the statement after media scrutiny, exposing troubling conflicts of interest at the highest level.
In a brazen display of political opportunism, New America Acquisition 1 Corp.—a special purpose acquisition company recently staffed with President Trump’s two eldest sons as advisers—revealed in a public filing that it intended to benefit directly from federal and state government incentives. This revelation came via a Securities and Exchange Commission document that openly stated the target acquisition would be "well positioned" to tap into grants, tax credits, and government contracts. Yet within hours of The Associated Press questioning this glaring conflict of interest—given that their father leads the executive branch controlling those very funds—the suspicious language was hastily removed...
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