This is well-sourced reporting with verified facts: Trump Jr. does hold board position and ~1% equity stake in GrabAGun (publicly traded July 2025), and his father's administration has documented­ly rolled back gun regulations (Zero Tolerance Policy terminated April 2025, explicit deregulation executive order Feb 2025). The core conflict-of-interest claim — benefiting from his own business while his father weakens its regulatory constraints — is factually accurate. The article omits some context (e.g., whether this violates ethics rules, whether other officials held similar stakes during previous administrations) and the headline uses 'profits' somewhat preemptively (his stake lost 50% value post-IPO), but the underlying facts are solid.