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Trump Admin Grants Massive Loan to Vulcan via Navarro

5/28/2026

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Story summary
  • A massive loan for Vulcan was secured after a direct White House request that bypassed normal review procedures.
  • U.S. President Donald Trump’s administration approved the rapid loan after White House adviser Peter Navarro intervened.
  • Navarro, a close friend of the president’s son, personally directed the loan, making Vulcan the only company considered.
  • A Pentagon official confirmed the loan was completed within weeks after defense officials were ordered to expedite it.