Eric Trump stated Friday he plans to sue MS Now host Jen Psaki over a monologue by which she questioned whether or not Trump household enterprise pursuits might overlap with President Donald Trump’s official journey to China and recommended conflicts involving corporations linked to the president’s sons.
Eric Trump accused Psaki of constructing “blatant lies” about his enterprise involvement and his objective for becoming a member of the president on a visit to China to meet with Chinese language President Xi Jinping.
“I intend to sue @jrpsaki and @MSNOWNews over the beneath clip,” Eric Trump wrote on X.
He particularly disputed claims that he sits on the board of monetary know-how firm ALT5 Sigma and denied taking part in merger discussions or sustaining enterprise pursuits in China.
The risk adopted a section on Psaki’s MS Now present by which she questioned why Eric Trump, who doesn’t maintain a authorities function, accompanied his father on a visit to China.
She stated Eric Trump was “on the board” of ALT5 Sigma and pointed to a Monetary Occasions report that the corporate had signed a memorandum of understanding to discover a cope with a Chinese language chip producer tied to synthetic intelligence infrastructure.
Psaki recommended the association raised questions on whether or not Eric Trump may gain advantage from the journey.
Nonetheless, Securities and Alternate Fee filings reviewed by the Washington Examiner present Eric Trump has not served as a voting member of ALT5 Sigma’s board of administrators. The corporate’s 8K filings, which element modifications to the board of administrators, record Eric Trump as a board observer, a nonvoting function that permits attendance at conferences however doesn’t confer formal director authority.
Eric Trump said in his ex submit: “I’ve NEVER been on the board of ALT5 — not now, not ever.”
ALT5, based in 2018, introduced in 2025 that Eric Trump would join the board amid a partnership with World Liberty Monetary, the Trump family-backed cryptocurrency firm. However later SEC filings present the corporate redesignated him as a board observer slightly than a director.
Psaki’s section additionally confirmed footage of Eric Trump and Donald Trump Jr. ringing the Nasdaq opening bell subsequent to signage for ALT5 and World Liberty Monetary. The clip originated from an August 2025 Nasdaq ceremony marking a partnership between the businesses, which included ALT5’s integration of World Liberty Monetary’s digital belongings and treasury merchandise.
ALT5 Sigma and World Liberty Monetary preserve a deep strategic partnership involving a $1.5 billion capital transaction, shared management between the 2 corporations, and the combination of WLFI tokens into ALT5’s fintech infrastructure, according to SEC filings. This relationship is legally categorised as a related-party association due to ALT5’s chairman and director additionally serving as a co-founder of World Liberty Monetary.
Eric Trump stated in his X submit that he has “zero involvement in any merger dialogue involving any public entity” and “zero enterprise pursuits in China,” including he joined the journey solely “as a loving son who adores my father.” He added that he and his spouse, Lara Trump, visited the Nice Wall of China throughout bilateral conferences between Trump and Xi.
ERIC AND LARA TRUMP WON’T ‘RULE ANYTHING OUT’ ABOUT RUNNING FOR OFFICE
Studies present that Eric Trump was listed underneath ALT5’s management web page as lately as March, however Forbes reported in April that he had been faraway from the corporate’s listed leaders.
The Washington Examiner reached out to Eric Trump, MS Now, and ALT5.
