ChainCatcher news, according to The New York Times, the son of the incoming President Trump will not be a member of the next U.S. government, but will instead join a venture capital firm.

Donald Trump Jr. told hundreds of donors on Sunday that he would be joining 1789 Capital, a firm whose investors include the media company of well-known conservative media personality Tucker Carlson. This venture capital firm focuses on investing in companies and products favored by American conservatives. Donald Trump Jr. has a business background and has long served as a real estate executive at the Trump Organization. He has also recently shown interest in the cryptocurrency industry, becoming a liaison between his father and the tech world. He is also an investor in the conservative online marketplace PublicSquare.