• bitcoinBitcoin(BTC)$83,657.00-1.31%
  • ethereumEthereum(ETH)$2,684.91-0.37%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$766.68-1.52%
  • rippleXRP(XRP)$1.50-2.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$119.09-3.28%
  • tronTRON(TRX)$0.3360900.54%
  • zcashZcash(ZEC)$1,484.22-7.74%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.060.00%
  • HyperliquidHyperliquid(HYPE)$88.11-4.16%
  • dogecoinDogecoin(DOGE)$0.094043-3.60%
  • chainlinkChainlink(LINK)$15.086.88%
  • moneroMonero(XMR)$540.56-1.10%
  • whitebitWhiteBIT Coin(WBT)$83.61-1.08%
  • USDSUSDS(USDS)$1.00-0.01%
  • cardanoCardano(ADA)$0.246322-3.96%
  • RainRain(RAIN)$0.012554-0.27%
  • leo-tokenLEO Token(LEO)$9.060.56%
  • stellarStellar(XLM)$0.2294655.85%
  • nearNEAR Protocol(NEAR)$4.83-11.52%
  • bitcoin-cashBitcoin Cash(BCH)$308.37-8.16%
  • hedera-hashgraphHedera(HBAR)$0.12623933.70%
  • uniswapUniswap(UNI)$8.82-9.77%
  • litecoinLitecoin(LTC)$69.18-2.78%
  • CantonCanton(CC)$0.129738-5.80%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • avalanche-2Avalanche(AVAX)$10.41-5.52%
  • suiSui(SUI)$1.16-9.03%
  • daiDai(DAI)$1.000.02%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.63-1.36%
  • USD1USD1(USD1)$1.000.00%
  • BittensorBittensor(TAO)$303.77-7.40%
  • crypto-com-chainCronos(CRO)$0.0691292.69%
  • quant-networkQuant(QNT)$235.0425.89%
  • shiba-inuShiba Inu(SHIB)$0.000006-4.41%
  • Global DollarGlobal Dollar(USDG)$1.000.03%
  • tether-goldTether Gold(XAUT)$4,137.39-3.33%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • BitwayBitway(BTW)$1.00-17.39%
  • MemeCoreMemeCore(M)$1.16-3.03%
  • EthenaEthena(ENA)$0.259875-10.29%
  • OndoOndo(ONDO)$0.51-7.35%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • okbOKB(OKB)$118.55-2.49%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Pump.funPump.fun(PUMP)$0.0051564.29%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • aaveAave(AAVE)$147.89-5.05%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.07%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

DC’s new $500K private club The Executive Branch launches

June 14, 2025
in Business
Reading Time: 3 mins read
A A
DC’s new 0K private club The Executive Branch launches
ShareShareShareShareShare

On Friday night, tech billionaires and cabinet secretaries celebrated the opening of Washington, DC’s “The Executive Branch” — the members-only club co-founded by Donald Trump Jr. and 1789 Capital partner Omeed Malik

YOU MAY ALSO LIKE

New SoCal In-N-Out Burger location planned for West LA

Everyone in Hazle Township, Pennsylvania gets $10K if data center is built – but they’re still pushing back: report

Trump Jr. and Malik hosted the party for founding members who paid a $500,000 initiation fee, with their co-founders: 1789 partner Christopher Buskirk and Alex and Zach Witkoff, the sons of Middle East Special Envoy Steve Witkoff.

While the president was not in attendance, Witkoff was, along with Nvidia CEO Jensen Huang, PayPal mafia member Keith Rabois, crypto billionaires Tyler and Cameron Winklevoss, New York Jets owner Woody Johnson and Dr. Oz.

The Executive Branch’s Omeed Malik and Donald Trump Jr. and their co-founders wanted to create a MAGA-friendly haven in Washington, DC AFP via Getty Images

From the Trump administration, crypto and AI czar David Sacks, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent were spotted, as well as Attorney General Pam Bondi, Secretary of Health and Human Services Robert F. Kennedy Jr. and Department of Homeland Security Secretary Kristi Noem.

In September, the Executive Branch will open to its new members with a $150,000 initiation fee and annual dues of $15,000.

Caviar, champagne and lobster were plentiful Friday, with one attendee describing it as a “Gilded Age” experience. The club’s menu is said to be MAHA-approved, with the chef using beef tallow in lieu of seed oils.

I’m told several former Navy SEALs have been hired to handle security full-time.

Treasury Secretary Scott Bessent attended the club’s opening Friday along with a host of other cabinet members. REUTERS

Other opening-night guests included newly minted Under Secretary of State for Economic Growth Jacob Helberg, Secretary of Education Linda McMahon, UAE ambassador to the US Yousef Al Otaiba, and Secretary of Labor Lori Chavez-DeRemer.

Also on hand: Deputy Chiefs of Staff Taylor Budowich, Dan Scavino, James Blair, and Stephen Miller (and his wife Katie); FHFA Director Bill Pulte; Trump campaign managers Corey Lewandowski and Chris LaCivita; and Emil Michael, the Under Secretary of Defense for Research and Engineering.

Notably absent were members of the media, whose presence is strictly forbidden. Adding to that layer of secrecy, no photos are allowed and stickers must cover phone cameras.

The Executive Branch is located in the former home of Georgetown’s The Clubhouse, and the founders redesigned the space to include millions of artwork. Google Maps

Malik said he sees it as an extension of his existing work investing in the parallel economy.

The club “is the first of its kind in Washington, DC — there is nothing else like it,” Malik told me. “It’s consistent with our efforts at 1789 to invest in the parallel economy or, in this place, creating an entirely new experience.”

He also said they want the Executive Branch to be a haven for members and are extremely cautious about not admitting members who may not be aligned with their values.

Nvidia CEO Jensen Huang attended the opening of the Executive Branch. Getty Images

Private club The Ned also opened in DC earlier this year, albeit to a far less curated group who pay just $5,000 in initiation fees and $5,000 for membership. But while The Ned is near the Capitol and attracts an overwhelming group of politicos, The Executive Branch is Georgetown.

Its Wisconsin Avenue address was formerly home to The Clubhouse, a bar that was a favorite of billionaires and world leaders. The co-founders renovated the space and added more than 10-million-dollars’ worth of art, including “a stunning array of original oil paintings and bronze sculptures celebrating US stories of bravery, service and politics,” as well as oil paintings of the club’s founding class.

Credit: Source link

ShareTweetSendSharePin

Related Posts

New SoCal In-N-Out Burger location planned for West LA
Business

New SoCal In-N-Out Burger location planned for West LA

September 28, 2026
Everyone in Hazle Township, Pennsylvania gets K if data center is built – but they’re still pushing back: report
Business

Everyone in Hazle Township, Pennsylvania gets $10K if data center is built – but they’re still pushing back: report

September 28, 2026
Email spam filters cost GOP fundraisers estimated 7M in donations last year: bombshell study
Business

Email spam filters cost GOP fundraisers estimated $117M in donations last year: bombshell study

September 28, 2026
Solidcore signs deal for Upper East Side location
Business

Solidcore signs deal for Upper East Side location

September 27, 2026
Next Post
How Cassie’s domestic violence testimony may help prove Diddy’s sex trafficking charge

How Cassie's domestic violence testimony may help prove Diddy's sex trafficking charge

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Trump admin. threatens Kennedy Center demolition

Trump admin. threatens Kennedy Center demolition

September 23, 2026
Secret Service responds to reports of Iranian threat against Trump’s son Barron

Secret Service responds to reports of Iranian threat against Trump’s son Barron

September 24, 2026
Box Office: ‘Avengers: Endgame Encore’ Leads With .2 Million on Friday as A24’s ‘Primetime’ Takes Second – Variety

Box Office: ‘Avengers: Endgame Encore’ Leads With $11.2 Million on Friday as A24’s ‘Primetime’ Takes Second – Variety

September 26, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!