The Record  Trump’s second term, documented
The people and interests behind it

A small circle tied to one investor holds key posts while his companies win billions in contracts.

June 15, 2025

A network of people connected to investor Peter Thiel holds senior positions, including the vice president, whom Thiel funded, and the AI policy chief. Meanwhile Thiel's company Palantir saw its federal contracts nearly double, from about $541 million in 2024 to over $970 million in 2025, expanding into immigration data.

SourcesThe network, Bloomberg · The contracts, The Hill

A small circle tied to one investor holds key posts while his companies win billions in contracts.
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The man who runs the U.S. Forest Service called in an air fleet for a 7-acre fire near his own ranch.He fired his own Homeland Security secretary over a nine-figure, taxpayer-funded ad campaign starring her, after a Republican senator raised fraud allegations and she claimed the president had personally signed off on the spending.His Commerce Secretary kept sweeping financial conflicts while running trade policy.

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