We have New York City Mayor's Arm, I'm Donnie with us tonight, and I promise you I'm going to get to him in just a second.

But I had to start tonight with the story that in any other administration would be grounds for opening an impeachment inquiry.

Because today, ProPublica reported that the White House intervened to get a $620 million deal for a company tied to President Trump's adult son, Don Jr.

Now, the deal in question involved a startup focused on rare earth magnet production called Vulcan Elements.

And last summer, Don Jr.'s venture capital firm took an undisclosed stake in that company.

And wouldn't you know,

I think you saw where this is going. Three months later, the Pentagon announced that it was giving Vulcan elements a $620 million loan. Now that is obviously an enormous number, but just to put that in perspective, when Don Jr.'s

firm invested in the company last summer, it was only valued, the company that is, at about

$200 million.

And by the beginning of this year, according to people familiar with the matter, it spoke to

Bloomberg, it was valued at nearly $2 billion.

That is quite a jump in any period of time, but certainly in that short a period of time.

And now, ProPublica is reporting that that wasn't just a really lucky investment.

Don't who knew, right? We all knew. It was the White House intervening in a way

that just so happens to enrich the president's son. And interviews and defense department records

reviewed by ProPublica show that the request for that $620 million loan to that company linked to Don

Jr. was made by none other than White House advisor Peter Navarro,

who also just so happens to be a buddy of Don Jr.'s. You can see the two of them on your

screen right there, shumming it up on Don Jr.'s podcast just last year. Now, just about a month

before the Pentagon announced the loan to the Don Jr. linked company. That's when

that was happening. A person involved with the deal at the Pentagon told ProPublica that after

defense officials got the White House requests, they asked Pentagon staff to move at an unusually

...