Senate Republicans Block 14-13 Pentagon Ban on Trump-Linked Firms in $1.15 Trillion Defense Bill
Updated
Updated · NOTUS · Jun 17
Senate Republicans Block 14-13 Pentagon Ban on Trump-Linked Firms in $1.15 Trillion Defense Bill
2 articles · Updated · NOTUS · Jun 17
Summary
A 14-13 party-line vote in the Senate Armed Services Committee killed Elizabeth Warren’s amendment barring the Pentagon’s investment arm from backing companies owned by top executive officials or their immediate families.
Republicans said the measure was a partisan attack on Donald Trump that did not belong in the NDAA, while Democrats said it was meant to stop taxpayer-backed money from benefiting the Trump family.
The proposal was driven in part by scrutiny of Vulcan Elements, which won a conditional $620 million Pentagon loan commitment after receiving investment from 1789 Capital, where Donald Trump Jr. is a partner.
Warren said she may revive the conflict-of-interest measure on the Senate floor as Democrats broaden pressure over Pentagon loans and contracts tied to Trump allies and relatives.