Donald Trump Jr. Photo courtesy of Gage Skidmore, CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0), via Wikimedia Commons A conspiracy theory being perpetuated by Democrats claims that Donald Trump Jr. owns a rare earth mineral company that received a $620 million loan from the Department of Defense, supposedly representing corruption by the Trump administration. As is often the case with attacks on the current administration, this narrative is false. Here is the truth. Vulcan Elements, a firm neither owned nor operated by Donald Trump Jr., received a $620 million loan from the Pentagon’s Office of Strategic Capital in November 2025. This is the largest loan ever issued by OSC, which was established in December 2022 under the Biden administration. The loan is part of a broader Pentagon…
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