Just one week after his father secured another term in office, Donald Trump Jr. became part of a relatively small venture capital company known as 1789 Capital. On the other side of humanity's coin, we have Donald Trump Jr.
who was in court again this morning. Uh there he is. You hear the protesters chanting crime family, crime family.
And that is basically what these people are, a crime family. A very dumb crime family. the gamboozos, if you will.
And Don Jr. , he's so embarrassing. He's on the stand.
He's testifying in this $250 million fraud trial and he has to compliment. He said his father is an artist with real estate. Yeah, he's an artist with he's Vincent Van going to jail with real estate.
Posted that his dad is the father of hotel gyms. He said, "Maybe someone put a gym in a building somewhere, but no one did it at the scale of my father. " He's saying that his father, the father of the hotel gym is a guy who's never stepped inside one.
Okay. [laughter] The amount of ass kissing in this trial is insane. DJTJ, of course, denies any and all wrongdoing and is instead going with the our accountants did it defense.
I'm not supposed to rely on a big five accounting firm, like one of the biggest accounting firms in the world. I can pay them millions of dollars. I rely on them to do accounting, but I'm supposed to know more than them.
By this logic, insurance companies are going to start suing patients for listening to their doctors, right? You understand? Like I am Am I supposed to know more?
Oh, Don Jr. doesn't know anything about I'm not an accountant. I'm a business guy.
[laughter] I'm I'm a I'm a business guy who who had his elbow soldered together. And now, what have they been asking the kids? And tell me how they fit into all of this.
They don't fit into all of this. What have they been asking the kids? It's very simple.
They they'll ask the kids, "Did you give of value to somebody? Did you do something? " And everybody said resoundingly, "No.
" And these kids did nothing wrong. They should not be in this case. Ivanka's already out of the case.
The boys should not be in the case. That's right. They're just boys.
They're they're kids. Eric has a book report due this weekend. Mr Trump, first question.
Stormmy Daniel say you have a shalupa that is very small. Duh. I do.
Me, too. It's okay. [laughter] Okay.
Next question. What would happen if you stopped eating at McDonald's? They would be out of business.
They'd be out because you eat so much. I do. Me, too.
What about Melania? How would you describe your marriage? It's a hoax.
Yeah, that seems right. I have to say you look very orange today, sir. Don't people say you look like an Oompa Loompa?
What do you think of the Oompa Loompa? They're energetic people. They have more energy.
They have They're very smart. They're incredible people. They're passionate people.
You know, it's always tough to generalize about people, but you can. You know, some people say, "Oh, that's not good. It's not politically correct.
" You're probably right. It is time to stop being so pissy about Oompa Loompas. Great point, sir.
Oh, I have another question for you. Can you tell me who's this? That's Silence of the Lamb.
That's Hannibal Lecter. Do you know him? He's a friend of mine.
He's a tremendous [laughter] man. He's been very loyal to me. I've been very loyal to him.
Who are these guys? [music] These are people that are very, very disturbed, very, very mentally. Yes.
They seem very bad, very ugly, too. Thank you for inviting me to your very weird house. Before I go, I have a surprise.
It is my honor to announce you have been named Mexico's 2023 Pendejo of the year. [applause] Yesterday, we learned that Donald Trump Jr. , DJT, [music] was in um get that going.
All right, start saying it. was in regular contact with Wikileaks during his father's campaign, which might have something to do with why Donald Trump said he loved Wikileaks more times during the campaign than he said he loved Melania. But DJTJ received a number of direct messages from Wikileaks via Twitter and he responded to three of them.
[music] And my favorite part of the story is his first response to Wikileaks started with put it up on the screen. This isn't real. Uh started with off the record.
Now [laughter] this is Wikileaks. it. The word leaks is right in the name.
There's no off the thereord with them. So anyway, Junior Donald tried to minimize his relationship with Wikileaks on his Twitter account, but they did have a relationship. Although it's possible he thought he was in a conversation with Nene.
By August 2025, 1789 Capital had invested in a relatively young rare earth minerals company called Vulcan Elements. Kimmel then slows down as he gets to the detail that changed the entire story. Not long after that investment, the Pentagon provided the same small company with a $620 million loan, reportedly the largest loan that office had ever approved.
Kimmel looks at the camera and puts the number into perspective, saying this is far beyond ordinary startup money. His point is that the scale of the government backing makes the situation look much more like a major defense investment than normal early stage financing. That is where the question started getting serious.
ProPublica reported that the request for the loan came from Peter Navaro, a White House adviser who was also described as a personal friend of Don Jr. , a representative for Trump Jr. said he had nothing to do with the process.
But Trump Jr. himself gave the Financial Times a different impression when he said he had been very involved in strategic decisions about where the firm should put its resources. Kimmel places those two statements next to each other because the contradiction is hard to miss.
One came from the spokesperson while the other came directly from Don Jr. and they do not tell the same story. That discrepancy became one of the biggest points of interest.
Democrats on a House committee attempted to subpoena Trump Jr. so he could answer questions about the timing and circumstances, but Republicans blocked the subpoena before it could move forward. Senators also sent formal letters requesting answers by February.
Kimmel's reaction is that no one is necessarily claiming the events never happened. Instead, he argues that the political fight has made it difficult to get the people involved to answer questions under oath. And if you haven't subscribed yet, take a second and hit that button because those two seconds genuinely help keep this channel going.
Trump Jr. has spent years accusing the Biden family of using government connections for financial gain, even though the comparisons he makes have often centered on much smaller amounts. Meanwhile, his own firm reportedly grew from less than $200 million in funding to pursuing more than $3 billion within roughly a year of his father returning to the White House.
That leaves viewers with an obvious question when you compare the accusations these families have repeatedly thrown at one another, which side ended up creating the larger version of the very behavior they claimed to oppose. Kimmel finishes by closing the folder and staring straight into the camera without raising his voice. His conclusion is simple.
Don Jr. did not really leave the family business. He just moved it into a much bigger building.
The Trump side has denied that there was anything improper and maintains that Don Jr. was not personally involved in obtaining the government loan. But the figure remains striking.
$620 million in government financing tied to a company in which his investment firm had taken a stake. Subscribe to the narrative brief because the details matter, the timeline matters, and sometimes the pattern becomes impossible to ignore once you slow it Just one week after his father secured another term in office, Donald Trump Jr. became part of a relatively small venture capital company known as 1789 Capital.
On the other side of humanity's coin, we have Donald Trump Jr. who was in court again this morning. Uh there he is.
You hear the protesters chanting crime family, crime family. And that is basically what these people are, a crime family. A very dumb crime family.
the gamboozos, if you will. And Don Jr. , he's so embarrassing.
He's on the stand. He's testifying in this $250 million fraud trial and he has to compliment. He said his father is an artist with real estate.
Yeah, he's an artist with he's Vincent Van going to jail with real estate. Posted that his dad is the father of hotel gyms. He said, "Maybe someone put a gym in a building somewhere, but no one did it at the scale of my father.
" He's saying that his father, the father of the hotel gym is a guy who's never stepped inside one. Okay. [laughter] The amount of ass kissing in this trial is insane.
DJTJ, of course, denies any and all wrongdoing and is instead going with the our accountants did it defense. I'm not supposed to rely on a big five accounting firm, like one of the biggest accounting firms in the world. I can pay them millions of dollars.
I rely on them to do accounting, but I'm supposed to know more than them. By this logic, insurance companies are going to start suing patients for listening to their doctors, right? You understand?
Like I am Am I supposed to know more? Oh, Don Jr. doesn't know anything about I'm not an accountant.
I'm a business guy. [laughter] I'm I'm a I'm a business guy who who had his elbow soldered together. And now, what have they been asking the kids?
And tell me how they fit into all of this. They don't fit into all of this. What have they been asking the kids?
It's very simple. They they'll ask the kids, "Did you give of value to somebody? Did you do something?
" And everybody said resoundingly, "No. " And these kids did nothing wrong. They should not be in this case.
Ivanka's already out of the case. The boys should not be in the case. That's right.
They're just boys. They're they're kids. Eric has a book report due this weekend.
Mr Trump, first question. Stormmy Daniel say you have a shalupa that is very small. Duh.
I do. Me, too. It's okay.
[laughter] Okay. Next question. What would happen if you stopped eating at McDonald's?
They would be out of business. They'd be out because you eat so much. I do.
Me, too. What about Melania? How would you describe your marriage?
It's a hoax. Yeah, that seems right. I have to say you look very orange today, sir.
Don't people say you look like an Oompa Loompa? What do you think of the Oompa Loompa? They're energetic people.
They have more energy. They have They're very smart. They're incredible people.
They're passionate people. You know, it's always tough to generalize about people, but you can. You know, some people say, "Oh, that's not good.
It's not politically correct. " You're probably right. It is time to stop being so pissy about Oompa Loompas.
Great point, sir. Oh, I have another question for you. Can you tell me who's this?
That's Silence of the Lamb. That's Hannibal Lecter. Do you know him?
He's a friend of mine. He's a tremendous [laughter] man. He's been very loyal to me.
I've been very loyal to him. Who are these guys? [music] These are people that are very, very disturbed, very, very mentally.
Yes. They seem very bad, very ugly, too. Thank you for inviting me to your very weird house.
Before I go, I have a surprise. It is my honor to announce you have been named Mexico's 2023 Pendejo of the year. [applause] Yesterday, we learned that Donald Trump Jr.
, DJT, [music] was in um get that going. All right, start saying it. was in regular contact with Wikileaks during his father's campaign, which might have something to do with why Donald Trump said he loved Wikileaks more times during the campaign than he said he loved Melania.
But DJTJ received a number of direct messages from Wikileaks via Twitter and he responded to three of them. [music] And my favorite part of the story is his first response to Wikileaks started with put it up on the screen. This isn't real.
Uh started with off the record. Now [laughter] this is Wikileaks. it.
The word leaks is right in the name. There's no off the thereord with them. So anyway, Junior Donald tried to minimize his relationship with Wikileaks on his Twitter account, but they did have a relationship.
Although it's possible he thought he was in a conversation with Nene. By August 2025, 1789 Capital had invested in a relatively young rare earth minerals company called Vulcan Elements. Kimmel then slows down as he gets to the detail that changed the entire story.
Not long after that investment, the Pentagon provided the same small company with a $620 million loan, reportedly the largest loan that office had ever approved. Kimmel looks at the camera and puts the number into perspective, saying this is far beyond ordinary startup money. His point is that the scale of the government backing makes the situation look much more like a major defense investment than normal early stage financing.
That is where the question started getting serious. ProPublica reported that the request for the loan came from Peter Navaro, a White House adviser who was also described as a personal friend of Don Jr. , a representative for Trump Jr.
said he had nothing to do with the process. But Trump Jr. himself gave the Financial Times a different impression when he said he had been very involved in strategic decisions about where the firm should put its resources.
Kimmel places those two statements next to each other because the contradiction is hard to miss. One came from the spokesperson while the other came directly from Don Jr. and they do not tell the same story.
That discrepancy became one of the biggest points of interest. Democrats on a House committee attempted to subpoena Trump Jr. so he could answer questions about the timing and circumstances, but Republicans blocked the subpoena before it could move forward.
Senators also sent formal letters requesting answers by February. Kimmel's reaction is that no one is necessarily claiming the events never happened. Instead, he argues that the political fight has made it difficult to get the people involved to answer questions under oath.
And if you haven't subscribed yet, take a second and hit that button because those two seconds genuinely help keep this channel going. Trump Jr. has spent years accusing the Biden family of using government connections for financial gain, even though the comparisons he makes have often centered on much smaller amounts.
Meanwhile, his own firm reportedly grew from less than $200 million in funding to pursuing more than $3 billion within roughly a year of his father returning to the White House. That leaves viewers with an obvious question when you compare the accusations these families have repeatedly thrown at one another, which side ended up creating the larger version of the very behavior they claimed to oppose. Kimmel finishes by closing the folder and staring straight into the camera without raising his voice.
His conclusion is simple. Don Jr. did not really leave the family business.
He just moved it into a much bigger building. The Trump side has denied that there was anything improper and maintains that Don Jr. was not personally involved in obtaining the government loan.
But the figure remains striking. $620 million in government financing tied to a company in which his investment firm had taken a stake.