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Plan to ease rules on mailing guns could help company Trump Jr. has stake in By Perry Stein

President Donald Trump’s eldest son is a key player in GrabAGun, a company that hopes to dominate internet firearms sales.

A banner for Texas-based firearm e-commerce platform GrabAGun is displayed at the New York Stock Exchange (NYSE) after the company went public on July 16, 2025 in New York City. (Spencer Platt/Getty Images)

He would also be responsible for helping to execute the company’s marketing strategy, developing partnerships, and “serving as a spokesperson for the Company to effectively communicate the Company’s mission and initiatives,” the filings say.

GrabAGun Digital Holdings is a 16-year-old Texas-based company that aims to digitize the gun-buying process, according to SEC filings. It hopes to reach a more youthful cohort of firearms users, who company executives say would be more likely than their older peers to buy firearms online.

Since going public, the company — which is valued at nearly $70 million — has dropped in value, public records show. On the earnings call, company executives blamed the loss in value on the costs of going public and expanding.

Trump Jr. has made it clear that the company’s path toward greater profitability is internet sales.

Inside the Trump administration’s rapid rollback of gun regulations

On the campaign trail, the elder Trump promised to roll back Biden-era firearms regulations, such as a rule that prohibits the sale of stabilizing brace firearm accessories, and received the backing of major gun rights groups. In April, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) — the law enforcement agency within the Justice Department tasked with regulating the nation’s hundreds of millions of firearms — proposed amending or eliminating 34 gun regulations.

Experts said some of those changes, taken together, would transform the firearms market from one that largely plays out in storefronts across the country into a potentially lucrative digital marketplace.

Currently, licensed firearms dealers must verify a potential buyer’s identity and run a federally mandated background check in person. That stems from Congress’s move to tighten the rules in 1968, after Lee Harvey Oswald used a fake name on a mail order to buy the gun he used to assassinate President John F. Kennedy in 1963.

Gun rights groups say the regulations are outdated in the digital era. Under one of the ATF proposals, firearms sellers would be able to verify someone’s identity and check their background online.

Erich Pratt, senior vice president of Gun Owners of America, said the Gun Control Act of 1968 went beyond the government’s authority in restricting gun purchases, given the Second Amendment right to bear arms. Pratt, the ATF and other gun rights groups have said that the proposal has ample measures in place to ensure the safe sale of firearms online.

“The right of Americans to buy guns — even online — is something that is deeply rooted in our nation’s text, history and tradition,” Pratt said, echoing the language of recent Supreme Court decisions. “It is as American as apple pie.”

GrabAGun’s business model allows customers to order firearms on the company’s website or mobile app. The guns are shipped not to their homes but to a licensed dealer in their states, and the customers must undergo background checks at the store before they can pick up the firearms.

As the ATF moves to allow background checks online, a separate proposal would loosen a century-old ban on sending handguns to people’s homes through the U.S. Postal Service. Under the proposed rule, licensed firearms dealers could ship guns to residents of their state. The proposal follows a Justice Department memo in January, authored by lawyers in the department’s Office of Legal Counsel, declaring the gun-mailing ban unconstitutional.

If the ATF and Postal Service rule changes are enacted, GrabAGun could sell firearms online and ship them directly to consumers, at least in states where the company is licensed. GrabAGun is a licensed dealer in Texas, according to public records, and firearms experts say it would not be difficult for the company to get licensed in many other states.

The ATF announced its proposals on April 29, beginning a 90-day public comment period that will expire in early August. The public comment period for the Postal Service measure has closed, and those comments are under review. Multiple state attorneys general have said they are against the Postal Service proposal, suggesting that it could face legal challenges if adopted.

The administration says its proposals would remedy the misinterpretation of the law and Constitution by Biden-era officials.

“ATF regulation changes reflect President Trump’s commitment to the rule of law, and that includes protecting the Second Amendment rights of all Americans,” a White House official said. “We refuse to bypass Congress and use the regulatory process to harass law-abiding Americans seeking to exercise their rights,” as the administration claims its predecessors did.

Advocates for stricter gun laws say it is critical that potential buyers have in-person interactions before they acquire handguns. In face-to-face interactions, they say, gun sellers can pick up on any red flags suggesting that it would be unsafe for the potential buyer to possess a firearm.

Gun-control advocates cite another administration proposal that, they say, could help GrabAGun but threaten public safety.

Under existing ATF regulations, residents of states with rigorous procedures for obtaining concealed-carry permits can bypass the federal background check. Under the new proposal, more states, including those with laxer procedures, would qualify for the waiver.

Marianna Mitchem, senior industry adviser for Everytown for Gun Safety, a gun-control advocacy group, said she fears that the administration’s proposals would make it simpler for gun traffickers, criminals and underage people to get their hands on firearms through online platforms such as GrabAGun.

Mitchem, who was a senior official at ATF overseeing inspections of gun shops before leaving the agency in 2025, said the agency during the Biden administration never discussed easing regulations to enable online sales.

“This is going to make it so much easier for dangerous people to get firearms,” Mitchem said. “You are eliminating [gun shops’] ability to be the first line of defense.”

GrabAGun’s executives disagree, and they submitted a comment to ATF supporting online background checks.

“The Second Amendment is in our blood,” Jonathan B. Wolens, GrabAGun’s general counsel, wrote in the comment, which is available online. “We support this rule change because we believe it will promote efficiency and support compliance by enabling more timely, accurate confirmation of license validity.”

ATF said the proposed rule would require a rigorous identification process while updating the gun sales process for the 21st century. “ATF’s proposed rule modernizes and strengthens identity-verification requirements … and reduces burden on consumers,” an ATF spokesperson said in a statement.

GrabAGun appears poised to move fast if the rule changes are enacted. In October — months before the proposals were introduced — GrabAGun formed a subsidiary called Pew Logistics, with a stated mission of selling software to provide “next-generation, white-label direct-to-consumer fulfillment solutions to modernize the firearms supply chain.”

That software would be sold to gun manufacturers, helping them sell directly to consumers online.

Trump Jr. has multiple other financial ties to GrabAGun that could enable him to profit if the company takes off.

GrabAGun offers a “Shoot Now Pay Later” financing option through a company called Credova Financial. Credova is a subsidiary of Public Square Holdings, where the president’s son is a board member and investor.

In August, the Consumer Financial Protection Bureau dropped an investigation of Credova, which had been accused of wrongly charging fees to customers. It said the inquiry, which started during the Biden administration, was politically biased against companies affiliated with firearms.

When GrabAGun went public, it merged with Colombier Acquisition Corp. II, a firm designed to combine with other companies and take them public. Colombier is led by Omeed Malik, a major Republican donor who chairs 1789 Capital, a venture capital firm that includes Trump Jr. as a partner.

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