Story perspectives

House Judiciary Probes 1789 Capital, Demands Records by Sept. 9

8/28/2026

Summary

Story summary

Rep. Jamie Raskin’s House Judiciary Committee launched an investigation of 1789 Capital.
Donald Trump Jr. became a partner at 1789 Capital days after President Donald Trump won re-election in November 2024.
SEC filings show 1789 Capital’s assets under management grew from $150 million in 2024 to $3.5 billion by May 2026.
The committee asked founders and Donald Trump Jr. for records by 9 September, lacking subpoena authority without Republican backing.

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Story summary

Rep. Jamie Raskin’s House Judiciary Committee launched an investigation of 1789 Capital.
Donald Trump Jr. became a partner at 1789 Capital days after President Donald Trump won re-election in November 2024.
SEC filings show 1789 Capital’s assets under management grew from $150 million in 2024 to $3.5 billion by May 2026.
The committee asked founders and Donald Trump Jr. for records by 9 September, lacking subpoena authority without Republican backing.