Reentering the scene: Donald Trump Jr., who owned a small share of his father's D.C. hotel, comes back to Washington with a new plan.

News that Donald Trump Jr. and a team of investors are launching an invite-only club named Executive Branch has Washington buzzing about who might join. The first person to sign up was David Sacks, the president’s crypto and artificial-intelligence czar, who opted for a $500,000 top-tier membership. “It’s very simple,” Sacks said on the “All-In” podcast last week. “We want a place to hang out in D.C.”

In the president’s first term, the........

© Forbes