Laura Ingraham and Donald Trump Jr share new business arrangement

Fox News’ on-air talent grew another link to the president’s family as one host was nominated to join the board of a special-purpose acquisition company (SPAC) with Donald Trump Jr.

Even before becoming president, then-businessman Donald Trump was a frequent guest on Fox News programs like “Fox & Friends” and “Hannity.” While the commander-in-chief’s opinion of the network brass has certainly soured over time, favor for the face of Fox News continued within the First Family — including a new business arrangement with Trump Jr. and host Laura Ingraham.

Friday, the Palm Beach, Florida-based SPAC Colombier Acquisition Corp. III filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) as part of a planned merger with a private company, with a posting of 26 million shares. At $10 each, Reuters reported the IPO sought to raise $260 million.

The move listed a number of well-known players in Trump Jr.’s circle for director nominees alongside the Fox News host, all under the chair of banker Omeed Malik.

How’s this for a winning combination:

Trump + Chamath + SPAC

The Colombier Acquisition ( $CLBR) team filed an S-1 for their 3rd SPAC, featuring a star-studded cast of SPAC royalty.

This issue should be HOT.$PSQH $PEW pic.twitter.com/0h7KuPeN0B

— Julian Klymochko (@JulianKlymochko) October 17, 2025

Malik, along with fellow 1789 Capital founder Chris Buskirk, was among the co-founders of the president’s son’s Washington, D.C., Executive Branch club that had opened earlier in the year with fees reported as high as $500,000 for membership.

According to the filing, the aim of merging with the as-yet-unnamed private company was to “fund the next chapter of American Exceptionalism and help Make America Grow Again.”

Other investors nominated to the board with Ingraham include Buskirk, former Arizona Republican Senate candidate Blake Masters, Social Capital founder and CEO Chamath Palihapitiya, and BeaconLight Capital’s Candice Willoughby, who serves as independent director of Colombier Acquisition Corp. II, which was behind the 2025 merger with GrabAGun.

Before that, the Colombier Acquisition Corp. had been responsible for the 2023 IPO of PublicSquare. Additionally, the Trump family launched a meme coin at the beginning of the year, and the crypto company World Liberty Financial, of which President Donald Trump is named as a part owner. Roth Capital Partners is underwriting the deal.

The business connection between the First Family and Fox News follows the already existing personal link, as Trump’s daughter-in-law, Lara Trump, wife to Eric Trump — who’d previously held a position at Fox News as a contributor — landed a role hosting her own show on the network early in 2025.

At the time the Executive Branch was launching only a few months into the second administration, the New York Times remarked on the varied financial moves the president’s family was taking with MSNBC analyst Peter Baker writing, “The Trumps are hardly the first presidential family to profit from their time in power, but they have done more to monetize the presidency than anyone who has ever occupied the White House.”

“The scale and the scope of the presidential mercantilism has been breathtaking,” added Baker.

Staff Writer

Native of Brooklyn, NY, Kevin Haggerty is a graduate of Hunter College where he studied Cultural Anthropology and Geography. An avid reader and truth seeker, he currently resides in Texas with his wife and their dog and, when he isn’t researching current events and their impacts, you’ll find him spending time with friends and family or working on his next novel.

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