Thrive Capital’s ties to Trump adviser raise federal contract concerns
Concerns have arisen regarding the oversight of government contracts by a senior GSA official with ties to Thrive Capital. The official, Josh Gruenbaum, is both an investor in Thrive Capital and responsible for contracts involving companies backed by the firm. A congressional investigation has been initiated to examine potential conflicts of interest and the integrity of the contracting process.
- ▪Josh Gruenbaum, the Commissioner of the Federal Acquisition Service, oversees contracts for Thrive Capital-backed companies.
- ▪Gruenbaum's dual role as a government official and private investor has raised concerns about preferential treatment.
- ▪Democratic Rep. Gerald Connolly has launched a probe into the GSA's relationships with Ramp, a fintech startup backed by Thrive Capital.
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Thrive Capital’s ties to Trump adviser raise federal contract concerns A senior GSA official with investments in Thrive Capital-backed companies has been overseeing government contracts involving those same firms, drawing congressional scrutiny. Share Add us on Google by Editorial Team May. 30, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Josh Gruenbaum, the Commissioner of the Federal Acquisition Service at the General Services…
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