Eric Trump Alleges Banks Target Family Businesses, Calls for Blockchain Alternatives

In an interview with Fox Business, Eric Trump criticized banks for employing controversial account closure practices known as de-banking. He highlighted the disproportionate impact on family-owned businesses, citing Capital One and JPMorgan Chase as prime examples. Trump asserts these actions negatively affect workforce stability and believes past administrations’ influence has exacerbated this issue. He suggests blockchain technologies could provide a viable alternative to traditional banking systems.