Eric Trump Accuses Jen Psaki of ‘Blatant Lies’ as He Announces Plan to Sue Her and MS NOW
Eric Trump said on Friday that he plans on suing MS NOW and one of its hosts, Jen Psaki, accusing them of pushing “blatant lies.”
“I intend to sue [Jen Psaki] and [MS NOW] over the below clip,” Trump posted to X.
The son of President Donald Trump was responding to a clip of Psaki from her show The Briefing, where she discussed Eric Trump joining his father on his trip to Beijing this week.
Trump wrote that he had nothing to do with any official talks taking place during the trip.
He wrote:
To be clear:
Contrary to her monolog [sic] and blatant lies, I have NEVER been on the board of ALT5 — not now, not ever. Any person with basic access to Google and willing to open a company’s annual report or proxy statements would know this.
I have had zero involvement in any merger discussions involving any public entity I do not run or control.
I have zero business interests in China. No properties, no investments, nothing!
I joined this trip for one reason: as a loving son who adores my father and wouldn’t miss being by his side for this incredible moment. During the bilateral talks [Lara Trump] and I went to the Great Wall of China.
In the clip, Psaki referred to Trump as a board member of the company ALT5 Sigma, showing footage of him ringing the opening bell at the NASDAQ with the company logo below him and behind him.
Eric Trump was listed as a board observer and advisor for Alt5 Sigma Corp., a Las Vegas-based fintech company that rebranded as AI Financial Corp, but he was removed from the company’s site in April, Bloomberg first reported. The company entered a partnership with World Liberty Financial last August, which was founded by the president and his sons.
During her monologue, Psaki read from a Financial Times report about Eric Trump accompanying his father on the China trip while “a company linked to him and the US president’s family explores a deal with a Chinese chipmaker that American lawmakers have warned is connected to the ruling Communist Party.”
Psaki said during her show:
Guess where Trump’s adult son, Eric, is right now? Well, he’s with his father in China. Now, Eric Trump does not have a role in the U.S. government. In fact, he’s supposed to be sort of firewalled off from any US government activities because he took over the family businesses when his father reentered the White House, supposedly to prevent conflicts of interest. But there he is. You can see him. Now, I should say that when asked about Eric Trump joining the trip, the White house simply said that there were no conflicts of interest there. I guess thanks for that. A spokesperson for Eric himself said that Eric was just joining the president in his own personal capacity, saying that Eric will not participate in any discussions or meetings related to any business entity and that Eric Trump does not have business ventures in China or plans on doing business with China. Now, that is quite an interesting denial, given this piece in the Financial Times out just today. And here’s the headline. “Eric Trump joins Beijing trip as family linked group chases China deal.” You see Eric is on the board of a company called ALT5 Sigma. And you can see him and Don Jr. here ringing the opening bell at the NASDAQ with the name of that company and the name of the Trump family crypto company right behind them. Well today while Eric is in China with his dad, the Financial Times is reporting that this company has a memorandum of understanding to explore a potential deal with a Chinese computer chip manufacturer to build AI data centers and a whole bunch of other AI-related stuff. Oh, and guess what else? That Chinese firm they have that memorandum of understanding with? Well, Congress has warned that that company is connected to the Chinese Communist Party. Now, neither the Chinese chip manufacturer or ALT5 responded to the Financial Times’ request for comment. But it certainly seems like Eric might be getting a little more than just quality time with his dad out of this China trip, doesn’t it? I mean, I could go on and on and on about all of the sketchy ways that Trump’s sons are making money while their dad is president. Just last month, Eric was on Fox Business bragging out loud about how one of his companies scored a $24 million contract with the Pentagon. Last year, a company partially owned by Trump’s other adult son, Don Jr., landed a nearly $5 million contract the U.S. Air Force. And both of Trump’s son’s are now part owners in a new drone company that is hoping to win major Pentagon contracts. Now I should say that all of those companies deny there’s any conflict of interest, as do Don and Eric. But wouldn’t it be great if someone, say the IRS, were to check, given how clear the potential conflicts of interests are? You would think that Trump and his sons would deserve more financial scrutiny, not less.
On Friday evening, Psaki addressed Eric Trump’s lawsuit threat.
“Today the adult son of the President of the United States, Eric Trump, came after us on social media and accused us of lying,” she said.
Psaki acknowledged the president’s role with ALT5 has been “complicated,” but brought out receipts to back up her original points.
“Eric took issue with us describing him as a member of the board of that AI company, a company called Alt Five Sigma. And in his tweet today, Eric says he has never, in all caps, I would note, been on the board of Alt Five, not now, not ever, which is a little confusing, considering that this is how he was introduced at the NASDAQ just last summer when Alt Five rang the opening bell,” she said, then showing a video of Eric Trump being described by others, including the head of ALT5 as a “board member.”
She continued:
Now, to be as fair as possible to Eric, I should say that his role at ALT5 is that, at the very least, been complicated. We do know that he’s not currently a director on the board, but as you just heard, the company initially announced that he was becoming a director on ALT5 board of directors. Likewise, a company filing with the SEC said he was being appointed as a director on the board, and the company’s website also listed him as a director on their leadership page. And then that situation changed because in subsequent filings with the SEC, Eric was designated as an observer on the board, a role that typically means you cannot cast a vote at board meetings, but you are able to attend them, and here’s the thing, an important thing, Eric Trump’s connections to the company have never just been limited to him being a board observer, because all five sigma is deeply intertwined with the Trump family cryptocurrency company that Eric Trump co-founded, World Liberty Financial.
Eric Trump’s father has been plenty litigious with media outlets. He’s reached settlements with Paramount and ABC and he has several ongoing suits still in progress, including a defamation case against the BBC.
Watch the Psaki clip Eric Trump referred to above via MS NOW.
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