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Oct. 21, 2025 23:06-00:08 - CSPAN
59:14
Eric Trump, "Under Siege"
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eric trump
45:27
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unidentified
Features in-depth conversations with the thinkers shaping Grisham.
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America's Book Club.
Premiering this fall, Sundays at 6 p.m. and 9 p.m. Eastern and Pacific, only on C-SPAN.
Next, Eric Trump, son of President Trump and Executive Vice President, up as a Trump, as well as his recently released book, Under Siege.
My name is David Trullio, and it's my privilege to serve as the President and CEO of the Ronald Reagan Presidential Foundation and to serve under it with a Pledge of Allegiance.
I pledge allegiance to the flag of the United States of America with liberty and justice for all.
Including President Reagan's son, Michael Reagan.
It's not every day we get multiple presidential sons, right?
But as they say in late night TV, but wait, there's more.
We have President Reagan's granddaughter, Anne, and Joe Dunster.
Let's give them a hand.
Presidential Foundation and Institute, Andrew Littlefair, and his wife, Karen.
Now, those of us in this packed presidential campaigns is a senior advisor and national surrogate.
He's crisscrossed the country to energize supporters, deliver the campaign's message, and represent the Trumps.
A little less known is that as executive vice president of the Trump Organization, Eric Trump oversees the company's vast real estate portfolio and leads its strategic growth across luxury hospitality, commercial and residential development, golf, and blockchain-based ventures.
Indeed, Eric plays a central role in all astronomy, branding, and all hospitality operations.
As none other than Donald Trump himself put it, who could lead thousands of employees and oversee the best skyscrapers, golf courses, clubs, hotels, vineyards, anywhere in the world.
Eric was only 33 at the time, but I didn't doubt him.
Trump organization in my absence and doing an incredible job.
He is a winner at everything he sets his mind to and has delivered a siege.
Now, in the father, that's plural, of course, to the achievement of one of the greatest political comebacks of all time.
Along the way, we gain insights into the close-knit Trump family, including about and the outdoors.
So let's dive in to this I I love this little group over here And by the way, I just need to say one thing.
eric trump ▲ ● ▼
You know, more MAGA hats were by a factor of a lot.
We'll take it back.
We'll take the state back.
unidentified
Eric, the book has been out for about a week, and chapter 12 is titled Proud of the Fight.
You answer the question in that chapter, why this book?
eric trump ▲ ● ▼
Guys, the nonsense they put my father and the family through.
The media did everything they could to cover it up, right?
Every aspect of it.
And it started the second we went down that came after us like we were literal dogs.
And this is, this is everybody.
These are people that we used to be friends with.
I mean, NBC News.
We saved that.
My father saved that minutes later.
There was an article from the Washington Post.
This is when the impeachment of Donald Trump begins.
They didn't give, right?
Then they made up the Russia hoax.
I was right in the middle of the Russia hoax.
And in fact, I have one of our corporate attorneys right there.
And Jill, stand up.
unidentified
You were right in the middle of the Russia hoax as well.
eric trump ▲ ● ▼
And we got a call from the FBI.
I hear you have secret servers in the basement of Trump Tower communicating with the Kremlin.
It was, we had no damn idea what we were doing in politics.
Guys, we knew absolutely zero.
I mean, we're hotel developers and real estate developers.
And yet this is a cycle, and this is what was perpetuated on our family non-stop.
And then it was the indictments, the 91 impeachment.
Then you saw what they did to Kavanaugh.
And then they pulled us all off of social media.
Twitter canceled us.
Facebook canceled us.
Instagram canceled us.
YouTube canceled us.
They turned down the dials.
They came after us in every way, shape, or form.
They debanked the company.
They deplatformed the company.
They pulled my father off the ballot in Maine.
They pulled him off the ballot in Colorado.
They raided our home.
They raided Melania's closet.
They raided Baron's room.
They did everything they could to destroy us.
And I became the most subpoenaed person in American history, 112 subpoenas.
All of them came from Pocahontas, as we like to call her.
I'm not sure.
Is that politically correct?
I got 112 subpoenas.
I became the pinata in that I didn't have constitutional protections, right?
I wasn't in the executive branch.
And so every time they wanted to get to my father, guess what they did?
They went after the company, and they came through us.
So about $400 million later, which is what it costs us to defend ourselves from these animals, right?
They tried again, everything.
They wanted to silence him.
They wanted to arrest him.
They wanted to throw him in jail and throw away the keys.
They wanted to divide our family.
They wanted to take the name off of every single Trump building for doing absolutely nothing wrong other than we decided to question the status quo of Washington, D.C.
And the media was behind it.
And the DOJ spied on our campaign.
They spied on my father's first campaign.
The FBI raided his house.
They planted classified folders on the floor of his office, as was admitted.
Jack Smith finally admitted that they did that.
Interestingly enough, when they raided Mar-a-Lago, they actually were yelling at us.
Jill also remembers this.
You immediately turn off all security cameras.
Think about that.
The FBI was literally telling us to turn off our security cameras at the property.
And I go, I won't do it.
We're not going to do this.
And so, guys, it had to be materialized what the true siege was.
And then when all of that didn't work, about six weeks before Butler, I was on Sean Hannity's show.
And I go, Sean, they've tried to do everything, right?
This is when we were in a courtroom every single day, 34 felonies in New York with Judge Murshawn.
And then you had Fulton Georgia, you had Fannie Willis, you had Jack Smith, obviously, you had Letitia James.
You know, I mean, they were all coming after us.
You had Judge Burshawn.
You remember all of these characters.
And I said on Sean Hannity's show one night, I go, my biggest fear is that they try and inflict physical harm because they've tried to do everything else they could to try and take the guy down.
And then they tried to kill him at Butler.
And then they tried to kill him eight weeks later at the golf course.
And then they killed our friend Charlie Kirk, who's a dear friend I've sat on the stage with Charlie Kirk.
And somebody had to tell the world what the siege was because we know the Democrats.
We know the revisionist history.
They love revisionist history.
And they would have set the narrative and somebody had to materialize it from an insider standpoint for the rest of time.
And that's why I wrote the book.
And I'm incredibly proud.
And it went to number one instantly.
The second it came out, it went to number one.
And I was just telling Dave on the way here, I was just yelling at Simon Schuster.
Kim and I were just yelling at Simon Schuster because they ran out of books again on Amazon.
I go, guys, you got to stop running out of books.
They go, you've sold eight weeks' worth of books in five days, right?
And like, they're totally out.
unidentified
So it's up.
So, Eric, what's it going to feel like to be a New York Times best-selling author?
eric trump ▲ ● ▼
I mean, if New York Times is honest about it, listen, I think we've always believed in the whole motto, too big to rig.
Does that make sense?
And I think this one's going to be too big to rig.
We're like 6X what the last New York Times bestseller was last week in terms of total book sales.
So I think if I don't get it, I think it would be a pretty shocking thing.
But I would like to see my name up there just because it's kind of the ultimate.
I can't say it in here.
There's children.
There's a beautiful child right there.
But it's the ultimate.
You can probably guess what.
And no, but at least I love my father dearly.
And he was the toughest guy.
He was the most courageous guy.
He never cowered.
They wanted him to drop out.
They wanted him to leave the race.
They wanted to make this billionaire's life so difficult, so ugly, that he finally said, you know what, let's just go back to Mar-a-Lago.
Let's live a great life.
Let's go play golf every day.
Let's fly around on Trump Force One.
Be kind of the kingmaker of the Republican Party with a great Reagan family and live a wonderful life.
And he wasn't going to do that.
I mean, he didn't care.
I mean, the more times they indicted him, the harder he punched back.
unidentified
Eric, you made the point in the book that your dad was the calmest of all.
Can you tell us a little bit more about that?
eric trump ▲ ● ▼
Yeah, he always had this eerie calm, right?
No matter when it was.
When he called me from the hospital at Butler, super calm.
Totally unfathomed, you know, unfazed.
When they raided Mar-a-Lago, the story I was telling you about a second ago, I called him up.
I asked my team when I got that call.
Does he know about this?
No, he doesn't know about this.
I go, okay, I'll take care of it.
So I call him up.
And he goes, okay, honey, meet me in the office in five minutes.
We both happened to be in New York at the time.
And we went down to his office, and that's when the tweet was written, the FBI is raiding my home, my famous Mar-a-Laga home right now.
This is one of the greatest abuses of power in the history of the country, blah, blah, blah.
But he was so unfazed.
I'll never forget, we were leaving after one of the indictments.
This was the Florida indictment.
We were on the plane.
This was a Jack Smith boxes hoax.
And by the way, we've won every single one of them, just as a little FYI.
And we're flying up to New Jersey, and he's going to give a press conference.
And I'm sitting there and we're watching.
We're watching the plane take off from Miami airport, right?
Watching all the helicopters are above.
And so we're watching, we're on the plane watching the plane on the big TV.
And we're all sitting there.
I mean, he just got indicted.
We have to go explain this to the whole country, even though we knew the whole thing was a sham.
And out of the corner of my eye comes a pink Starburst comes flying across the cabin and whacks me in the side of the shoulder.
And he's just like screwing up.
He's just having fun, you know?
You know, for a guy who just got indicted, most people would have been in like the fetal position crying and sucking their thumb, right?
And he was just a remarkable guy.
Whenever things got horrible, don't get me wrong, it affects everybody.
I don't care how, right?
But he would, A, he would never allow it to show.
And again, it just caused him to fight back.
And I always joke that there was a little bit of a masochistic type tendency.
Like, there was a propensity to just enjoy the feeling of pain throughout this process, just in a little bit different way.
He, you know, he really, he was always great at that fight.
He was always best in that fight.
He was always best when he was under pressure.
And, you know, he wrote two books in his early life, right?
The Art of the Deal and The Art of the Comeback.
And if there's ever a way that two books that were written 30 years ago mirrored a second part of your life, the art of the deal would have been the 2016 campaign, the art of the comeback.
No question, no question would have been what we went through between 2020 and 2024.
unidentified
Well, your book is a major contribution because the long list of everything that was thrown at him, it actually defies anybody, any one person keeping it at their fingertips, right?
So you go into the Russian hackers, the Steele dossier, Fannie Willis, Alvin Bragg, Jack Smith, Letitia James, the gag orders, right?
You point out, for example, that the Taliban, Boko Haram, Al-Qaeda, Hamas, Hezbollah, and the Ayatollah in Iran all kept their Twitter accounts.
And your dad didn't.
eric trump ▲ ● ▼
We didn't get Twitter accounts, and we were also thrown off at Facebook, and they turned down our dials.
I'll never forget.
I mean, I think we've been pretty loud over the last 10 years, I think you'd say, right?
And I mean, I didn't gain a single follower on any platform, meaning over that period of time.
By the way, until Elon bought it, and then sure enough, in like one day, it's like, you know, I don't know.
I'm a pretty good guy at statistics.
Like, I understand math.
So you mean to tell me I don't gain a single follower for an eight, nine-year period of time, and then Elon buys it, and the following day I go up by about 10 million.
I don't know.
Why do I think something fishy was happening here, right?
But that's the whole thing, guys.
I mean, the reason I call it under siege was that's what it was.
It was a siege.
It was a siege to silence.
It was a siege to bankrupt.
It was a siege to gag order to destroy a company.
It's clearly to embarrass.
I mean, think about the fact that you had a disgruntled lady and Hillary Clinton who literally paid for a dirty dossier that made up unthinkable things.
I mean, I literally, I can't even say what they are in this room because they're so vile and disgusting.
And she paid for it.
And there's been zero ramifications for this.
And everybody's like, you know, Donald Trump is weaponizing government.
I'm like, I don't know.
I think we need a little accountability here.
Like, for anybody else, it would be met with the greatest slanderous lawsuits.
And yet they got away with it.
They spied on his campaign.
They got away with it.
There was no accountability.
They made up the fact that we had secret servers in a basement.
And they perpetuated this lie, not only because they wanted it to be their October surprise, right?
And, you know, the Reagan would know more about October surprises than anybody, but October surprise is defined as something that they pop on you so last minute that you don't have enough time to disprove it to be false and it tanks you in the polls.
But what they actually did was they, when she lost so embarrassingly against a bunch of imbeciles who literally didn't know a thing about politics.
I mean, we were real estate people, right?
We didn't know a thing about immigration, guys.
It was like, fake it till you make it.
It was a.
When she lost to a bunch of people who had never been in this world who beat her at her own game, they perpetuated that lie for another three years.
And in doing so, they literally pitted the biggest nuclear superpowers against each other.
Think about how evil and devious that is when everybody knew that there was no connection with Russia.
In fact, I mean, there was even emails from Podesta and those guys saying, you know, you better not look into this because this thing is about as thin as it comes.
It's not going to exactly hold water.
And so just disgusting tactics, disgusting, disgusting tactics.
But it had to be materialized.
And wow, did America catch on to all of it?
And there's only so many times you can cry wolf before people call nonsense.
And that's exactly what they did.
That's exactly what this country did, which is why we had the greatest political victory of all time last November.
unidentified
So let's go into the costs.
The costs were tremendous.
So how much did you spend in legal expenses?
eric trump ▲ ● ▼
About $400 million.
unidentified
So think about that, $400 million.
And then in the book, you talk about, I mean, the obvious huge opportunity costs in terms of your time and what you could have been doing with that money.
But then you also make the point that law enforcement resources that could have been devoted to actual legitimate law enforcement needs got diverted as well.
eric trump ▲ ● ▼
Well, they didn't care about law enforcement needs.
I mean, we were sitting in a courthouse in New York.
This is one of the cases we got totally overturned.
And they're reading off 34 felony indictments for a $100,000 payment that my father didn't even make.
34.
Al Capone.
Al Capone got one felony and he did some bad stuff.
I think we could all admit that.
My father got 34 for $100,000 payment that he didn't even make.
And as they're reading off the verdict, there was a guy in a McDonald's in the middle of Times Square hacking people to death with a machete.
And the reason I'm saying this is it's so insane.
You had a district attorney who literally ran on the platform of decriminalizing everything other than if their name was Donald Trump, right?
And that's what they did.
And all of it, guys, was coordinated with the White House.
And it has come out.
The White House logs are pretty succinct.
And when you had Fannie Willis going to the White House every couple weeks, when her boyfriend was going to the White House and to the Vice President's house every few weeks, when Letitia James was going there every few weeks, when Alvin Bragg was going there every few weeks, right?
This whole thing was coordinated.
And why was it coordinated?
Because Joe Biden was the worst president in the history of this nation by a lot, right?
And nothing was working.
Nothing was working.
unidentified
There was another cost that's really striking and that I don't think most people, if they don't read the book, they wouldn't know about it.
But tell us about the Eric Trump Foundation, about your work with St. Jude.
You've raised over the years $50 million for St. Jude.
Yes, absolutely.
But even that gets swooped in.
So what happened with St. Jude?
eric trump ▲ ● ▼
So I started a charity for St. Jude when I was 20 years old.
I went to every children's hospital in the country.
I knew I wanted to do something great for kids.
We had the resources.
We had the members.
We had the golf clubs.
And I just, I hated charity in New York.
You'd go to some rubber chicken dinner.
No one would know why they were actually there.
They were there to get a picture taken.
And I was always disgusted by it, even at a young age.
And so I go, I'm going to start a charity for St. Jude.
The first year we raised $210,000.
We doubled it.
The next year doubled it.
We've surpassed $50 million total raised.
My cumulative expense ratio was 8.2% in running the charity for all the years.
8.2%.
That's the lowest expense ratio of any charity in the nation.
And Hillary was getting killed.
In 2016, she was getting absolutely massacred for the Clinton Foundation, right?
They did bad work in Haiti.
It became a total sham.
The State Department was involved.
It seemed like everything was kind of pay-for-play.
They were flying G550s around the world and on charitable funds.
And I mean, they were getting mocked.
She was getting killed.
And so one day I come into my office and somebody calls me up and they say, the Attorney General of the State of New York's about to do a press conference about you.
I go, about me?
About me?
Like, do I have to do with the Attorney General of the State of New York?
I'm not sure if I understand.
And they get up to the microphone and, you know, we're hereby launching an investigation at the Eric Trump Foundation, you know, et cetera, et cetera, and goes on.
And, you know, for financial improprieties, I'm saying they're saying financial improprieties.
I have an 8% expense ratio of which 4% of that's credit card processing.
Like, what, you know, we're the best.
We didn't have a single employee.
We didn't have a single, like, I'd be sitting there until midnight stuffing envelopes.
And so, you know, it was my first subpoena.
I'll never forget it.
And I can't tell you how bad that one hurt because I did everything I could.
I built the largest ICU dedicated to terminally ill children on earth at St. Jude.
And we've done so much more ever since.
unidentified
And they didn't care, and they went after you.
And tell us about Colin, because this is, it's really moving in the book.
You talk about this one young little kid named Colin, who you developed an eight-year relationship with.
And these are the kinds of people hurt by that.
eric trump ▲ ● ▼
So Colin was a little boy from Ithka, New York, and he got cancer, and everybody told him just go home and effectively die, right?
as horrible as that is it's you know it wasn't much older than and i i i saw colin grow up into this this eight-year-old and And St. Jude saved his life, saved his life over and over and over again when everybody just said he had zero chance.
Just go home, call it quits, nothing we can do.
And St. Jude just never ever stopped.
And I saw this beautiful boy grow into an eight-year-old.
And he became the fabric of kind of the foundation.
He didn't miss a single one of our events.
And he ended up passing.
And I spoke at Colin's funeral, and it was deeply impactful to me.
But when that attorney general came after us, asked for every document, right?
They wanted the discovery things, costs a ton of money.
All because they wanted a counter-narrative for Hillary Clinton.
And they couldn't find a single period that was out of place.
They couldn't find a damn thing.
And so 18 months later, we still hadn't heard back from them.
And I'm sitting there, and this whole thing had kind of gone away.
And a reporter goes up to, this was Letitia James at the time.
Are you still investigating the Eric Trump Foundation?
Oh, yes, yes, we are actively investigating it.
And I'm sitting there saying, you dirty people, you dirty.
I have other words for it, and I'll keep it PC.
You know, you are going after one of the greatest charities dedicated.
And honestly, to St. Jude's credit, because they're not a political organization.
They stay out of politics.
They were enraged.
They were enraged by the treatment.
I was on their boards.
And that was the first.
The reason, I think the reason Dave's bringing it up is that was the first subpoena of 111 more that would come that were all intended to destroy our lives.
They would subpoena us.
Give us every email that you have that has a word national and international in it.
Well, every one of our golf clubs is Trump National Golf Club, and every one of our hotels is Trump International, right?
And then they'd add a whole bunch of other value.
And you're saying they're saying every email signature in the entire.
So what?
So where you give them every email, and you'd have some crooked judge on the other side.
Yeah, give them every email.
And so 25 million emails later, and they would comb through every single one, and they still couldn't get us.
That's how good we were.
But they wanted to take us down.
They wanted to see Donald Trump off that stage in any way, whether it's bankruptcy, whether it's a felony, whether it's gagging him.
They wanted him so uncomfortable.
And the easiest deal we could have ever made, the easiest deal we could have ever made, is if I went to them and said, you know what?
We'll exit stage right.
You know, you guys drop all this other nonsense.
They would have made that deal like that.
And honestly, he just wanted to fight these people.
He wanted to fight them and he wanted to win.
And we did.
And so.
unidentified
So part of the contribution of the book is you lay out in great detail what you call the playbook.
So it actually has 12 elements.
You were just talking about element two, which is go fishing.
But maybe, you know, I'm not asking you to summarize the playbook, but just kind of what was your thinking around, I mean, you live through this and then you articulate it so maybe people can now be a little bit better positioned to deal with it when it's unleashed on them.
eric trump ▲ ● ▼
Well, you know what?
I think it's harder now.
I think it's harder because I think we've exposed the corruption for exactly what it is.
And also we've killed the mainstream media.
I think it's actually, if on my father's tombstone, I can't tell you how hard it was in 2016 because you had NBC, you had ABC, you had CNN, you had Fox, but it was catering to just a very specific kind of audience at that time.
And all those networks are dead.
My wife, she has a show, I might be with Laura Trump.
It's on.
It's on Saturday night at 9 p.m., which is considered, in TV world, that's considered like Death Valley, right?
And she gets about 2.4 million people on the average Saturday night.
Caitlin Collins from CNN on a Wednesday or Thursday in the middle of the week at the same time slot, 9 p.m., she's getting like 500,000 people.
Guys, the mainstream media in this country is dead.
And it's been replaced with independent voices.
Like, look how powerful Joe Rogan's become.
Look how powerful Patrick Bett David's become.
Look how powerful so many people want independent voice out there, right?
That can actually be critical of the other side, that's not, you know, that actually loves this country and believes in this country and can be critical thinkers.
They don't have that in any of the networks.
And so now I think it's a little bit easier because, you know, I think there's a counter narrative for the first time.
It's funny when you see, I'm not sure you saw Chuck Schumer, he's complaining about this.
You know, Trump now owns social media.
It's like, I don't know, people just like us more than they like you guys because they're not into men my size swimming in women's sports.
They're just not, they're not into this stuff, right?
Like, they're not into the indoctrination of our beautiful children.
Like, they've been on the receiving end of all of this weaponization and they don't like it anymore.
And that's why they've tuned you out.
And so I think he really did a great service for this nation in terms of beating back the media.
They don't have the power that they had 10 years ago.
And I think that's a great thing for this.
unidentified
One of the themes in the book is you talk about flipping adversity into opportunity, right?
So you get debanked, you pursue crypto opportunities.
You get thrown off established social media.
You create truth social.
So how is that in your playbook?
And how do you see opportunities going forward like that?
eric trump ▲ ● ▼
By the way, I need to have, Greg, you guys stand up.
I'm going to embarrass you, but so you know what?
And I'm going to get to the second part of your question, but you mentioned debanking.
They did everything they could to call every bank in the country, the regulators, including Gregg's, and they wanted us off the rails.
They wanted us to have no bank accounts.
They wanted us gone, right?
That was another form of the siege.
This man owns a great bank.
It's called Access Bank.
It's out of California.
And this guy never, ever, ever left our side.
Ever left our side.
And by the way, I can't tell you how badly they were trying to shake them down.
I mean, I was getting the calls.
Capital One dumped 300 accounts from us overnight.
I get a call.
Congratulations.
After 20 years, we're no longer banking you.
JP Morgan did it.
Bank of America did it.
First Republic did it.
Consumer Savings Bank, Bryn Mawr Trust.
I mean, I could go on and on with the amount of people.
And then every other vendor, Shopify and everything else, they dumped us like we were dogs.
And that man right there, he's a Christian man.
He's a person of faith.
He's a great Republican.
We would never, ever, ever pull our accounts.
But honestly, when they started debanking us, when we were losing bank accounts in the middle of the night, the very same people that were coming after us were going after the crypto guys.
And they started telling us the stories.
I go, yeah, that person's coming after me.
And, you know, sometimes the enemy of your enemy becomes your friend.
Does that make sense?
And you realize how smart these guys were.
And it's a little bit of a different type of banking that Greg does.
But I realized that there is nothing that can't be done on blockchain better, faster, cheaper, more transparently than using JPMorgan's Rails.
And, you know, I'll never forget.
You know, I went under my father's first administration, Laura and I moved down to New York.
We had to get, I'm sorry, down to Florida.
We had to get out of communism, right?
We had enough of communism.
And finally, one day after Lilitish James and everything else, I go, well, let's get the hell out.
What are we still doing here?
And we bought a house, and it was 2.1% interest rates at that time.
And I go, honey, we'd be morons if we didn't get financing on the house.
We could have paid for it, but why wouldn't you take 2% money?
So we went out, and with a bank that I have banked with for 25 years, it took 120 days of going through a know-your customer.
And by the way, I had plenty of assets to cover the purchase of this, right?
Like, it took 120 days with a bank, and at the end, the last day, they denied it for me because I was a politically exposed person.
And I'm sitting there saying, huh.
All right, well, we'll buy the house.
No problem.
We're going to buy the house.
But I can't wait to see so many of you guys out of business, right?
And honestly, I think it's one of the things that blockchain is very different than what kind of Greg does.
But in terms of day-to-day, custodial accounts, why does JPMorgan need a tower in every city around the country with people pushing bottles of water?
There's nothing that cryptocurrency can't do better, cheaper, faster, more transparently.
And that's why we got into cryptocurrency.
And now everybody's yelling.
Caitlin Collins was yelling at me the other night at CNN.
You got into cryptocurrency.
I'm like, I didn't have a damn choice.
They de-banked us.
It was the only rail that we possibly had left.
And it's been amazing.
And I believe in it with all my heart.
unidentified
As a quick aside, where do you see Bitcoin and other cryptos going in terms of price?
eric trump ▲ ● ▼
I think Bitcoin's going to go absolutely parabolic.
I think it's going to go absolutely parabolic.
And I think this year it's going to go parabolic.
I mean, it's the single greatest asset class, and we're probably getting off topic, but it's the single greatest asset class in the last 10 years.
It's gone up 70% a year, year over year for the last decade.
There's probably no better performing asset than cryptocurrency.
And cryptocurrency is approximately where the internet was in 1999, if you think about it.
I mean, we're on the one-yard line, and everything's going to get replaced by blockchain.
I mean, the Rails, stablecoin, right?
I mean, the entire world is going to be denominated on, not the entire world, but a good percentage of the world is going to be denominated on U.S.-based stablecoin, backed one-to-one by the U.S. dollar based on treasuries.
There's no question that's coming.
Everybody in Asia wants the U.S. dollar.
Everybody in South America wants a U.S. dollar.
Everybody in Africa wants a U.S. dollar.
So crypto is going to fly.
I mean, crypto is absolutely going to fly.
But then you mentioned Truth Social.
Same thing was happening.
When we got debanked, I mean, when we got de-platformed from Twitter and Instagram and YouTube, there's no way left to communicate.
And by the way, the media was all making a cognizant effort at this point just to shut him down.
They wouldn't cover his rallies.
They wouldn't cover his voice.
And so we go out and we pop up Truth Social, and everybody joins Truth Social right away.
And what ended up happening is he would post something on Truth Social.
Everybody in the world was copying it.
And then they would go over to Twitter and they would paste it.
And it drove them crazy.
It drove them absolutely crazy.
And then sure enough, Elon came in and saved the day, right?
Everybody was ridiculing him at the time, saying that $44 billion was a little bit too much for that social media platform.
And I think it was probably the greatest investment of his life.
So I think he would do it times 100.
And you also saved free speech with it.
unidentified
You touched on this in the banking context, but in many different ways, you go into how friends turned on you, right?
And you have a line in the book.
The toughest personalities often turned out to be the weakest, while the humble and unassuming proved to be the strongest.
What was it like dealing with human nature and some fair weather friends and so on?
eric trump ▲ ● ▼
Wow, was it quiet at times?
And wow, did it get loud at times, right?
And you always have to remember who was there during the quiet times.
And honestly, my company was amazing.
Our company was amazing.
And so many of them are sitting in the front row.
Lily runs Trump LA.
If anybody's ever played that, stand up, Lily.
And Kim.
unidentified
Kim, stand up.
eric trump ▲ ● ▼
And Keith, I've got so many members of our teams, and these guys did not break.
Lily literally fended off the entire left coast for our entire family for the last 20 years, right?
And did 10 years worth of politics.
And guys, I can't tell you, we had people who were there in the worst of times who rode the storms out with us.
And then we had people who miraculously showed up in the best of times.
I can't tell you when we won on November 8th of 2016, I must have gotten 5,000 text messages in the next 24 hours.
unidentified
Hey, buddy, you know, I know you've been really busy.
eric trump ▲ ● ▼
I didn't want to disturb you, but just know I was fighting in the background the entire time.
I'm like, you dirty.
Like, no, you weren't.
You know, we lived at that point in an age of social media where you knew exactly where everybody stood.
You know, and it's like, you disingenuous human being.
But what's really amazing is then you had so many people who wanted to be part of the winning team again, all right?
And then sure enough, 2020 rolls around.
And guys, I can't tell you how bad that hurt.
we won 2020 and i don't care if i upset the media by saying that there is not a sane individual who thinks that joe biden got 16 million more votes than barack obama did in 2012 Not a single sane human being.
And by the way, why has the media never asked Obama about this?
Like, I guarantee you, I want to ask Obama this one day.
Brock, do you believe that Joe Biden, who couldn't get through a sentence and literally did not leave his basement, got 16 million more votes than you did in 2012?
And I think Brock would even honestly say, zero chance, right?
Zero chance.
Like, I don't even think, as home team as he is to the Democratic Party, I don't even think he would be willing to admit that.
But I can't tell you how bad that, I mean, you know, we got 12 million more votes than we did in 2016.
I mean, on every front, it felt like we won.
We had the enthusiasm.
And honestly, it's really remarkable.
In one of my father's books, he always talked about the days, you know, in the Art of the Comeback, the days when the phones stopped ringing.
And I'll never forget how quiet that period of time was outside our company and outside people who have been incredible, right?
Everybody's singing in this front row.
But it's amazing how quiet it became other than a select few.
And I can tell you, you hold on to those people, and you know exactly the good ones, and you know exactly the bad ones.
You knew who were there in the good times, the ones that were bad.
And then guess what happened on November 5th of 2024?
My phone went crazy again.
It's like, really.
But the coolest part about all of this, the coolest part about all of this, is that four years ended up being the greatest blessing from God, right?
And I really believe in this concept called the law of undefended consequences, right?
And as much as it stunk at the time, and as much as it hurt at the time, as much, honestly, it was the greatest blessing.
I mean, now we have the Senate, we have the House, we've got 63 majority on the Supreme Court.
We obviously have the executive branch.
We have a dead media.
You have a Democratic Party that is totally, totally insane and has absolutely zero leadership.
No disrespect to the former vice president, but you've got a killer in there now.
You've got Rubio in there who's the killer.
You've got Hegseth in there who's a killer.
You know, you've got Holman in there who's a killer.
I mean, they are absolutely taking names, right?
I mean, they are not holding back.
And my father is throwing so much lead in the air right now that they don't know what the hell to do with it.
Like, they can't count, you know.
And by the way, and he's like right on all the issues.
And the Democrats have lost their, you know, their PR arm, which used to be the mainstream media.
Like, they've lost that arm.
So they can't fight it.
They were wrong on the issues.
They've got no leadership.
You know, and all of a sudden they just can no longer catch kind of the fury that's coming at them.
Like, what?
You're going to fight against peace in the Middle East.
I mean, right now, we're literally watching them try and prevent my father from cleaning up Chicago.
He took care of Washington, D.C. in 12 days.
They arrested 4,300 people in 12 days.
And miraculously, crime went to zero.
And then he goes, you know, I want to do the exact same thing in Chicago and Pritzker.
No, I don't want you coming in here.
I mean, can you believe it?
Can you, and by the way, and thank you to the men and women of law enforcement.
We love you guys.
unidentified
We love you so much, and that includes the Secret Service.
eric trump ▲ ● ▼
But don't tell me these guys can't clean up Chicago.
They'll take care of Chicago in about two and a half seconds if they take the handcuffs off them and actually let them do what they did so well in D.C. when they finally empowered them and didn't come after them for all sorts of nonsense.
And so anyway.
unidentified
Well, Eric, in the book, you just praised law enforcement.
In the book, you extensively praise law enforcement.
You also point out something tremendously nefarious, which is that at the leadership level, the politicized leadership level, there was a blind eye or a deaf ear turned to pleas for more protection for the president.
So tell us about what you experienced in terms of the politicization of the top echelons of the government, including the law enforcement community, which you're very clear to not blame the frontline gun carriers, as you call them.
eric trump ▲ ● ▼
I think more of my best friends are law enforcement than probably any other, right?
I mean, I probably have more good friends in law enforcement than I do in real estate, as crazy as that sounds, right?
This is not the gun carriers.
This is not the tough guys.
These are the eighth floors of these respective agencies who become bureaucrats.
These are not the ones you want in a gunfight with you.
These are not the ones you want in a foxhole with you.
That much I can tell you, right?
And I mean, look at Comey.
Comey spent literally his entire time as FBI director leaking memos to the New York Times.
And I was on Hannity the other night, and I go, listen, Sean, I'm kind of like an old school guy.
You know what I want?
I want our FBI director making sure that planes don't fly into buildings and terrorists don't run the streets and that criminals are caught.
And I tell one story in the book.
I'll never forget it.
This is when I lost faith in the leadership of some of these big law enforcement agencies.
And by the way, they're all getting cleaned up now.
And Cash is a dear friend of mine doing a great job.
And Dan GiBongino is a dear friend of mine doing a great job.
But it was 2017, and I get a call that there's a threat against the Trump organization and that the FBI wants to brief me at FBI headquarters.
So we sneak down there.
They swear secrecy.
Don't tell anybody.
And so we go down there.
The only people that knew about this was my Secret Service detail leader at the time.
So we go down.
We drive into the FBI building in Lower Manhattan.
We go into the parking garage.
No one knows I'm there.
No one in the company.
No one knows I'm there.
And we go up the eighth floor.
We go into one of these skiffs.
You sign your life away.
And they keep telling you how confidential everything is.
And there's a cyber threat against the Trump organization.
I go, guys, we have an IT department.
I can see threats come in every day.
No different than the most basic IT departments can see nefarious actors trying to get into your servers and other things.
All right, you're not telling me anything I don't know.
Well, sir, it's very serious.
I go, okay, is it Russia?
No.
Is it China?
Is it Iran?
And their eyes go like this.
Fine.
So you couldn't have just told me on the phone, like, Iran's trying to break into your computer servers.
But, sir, you can't tell anybody about this.
You can't tell anybody about it.
Okay, guys, I won't tell anybody about this.
This has been the least informative meeting where you've told me absolutely nothing despite the great buildup of bringing me all the way downtown for this.
And so no one knew.
I never forget I was driving out of the parking brush of FBI headquarters downtown and my phone rings.
This guy named John Santucci from ABC News.
He's kind of a friend of mine.
He's one of these guys who just knows everybody, and his sources are always right.
I mean, he's good at what he does.
And he was always a reasonable person as much as I hate that network.
And by the way, we won a big lawsuit against him for doctoring the whole Kamala 60 Minutes video.
And John said to me, he goes, what are you doing at FBI headquarters?
I go, John, I have no idea what you're talking about.
He goes, Eric, listen, you know I'm like a well-sourced person.
Like, I'm not an ED.
Like, look, what are you doing down there?
I go, John, seriously, I have no idea what you're talking about.
He goes, Eric, you're down there right now.
I know you're down there right now.
What are you doing down there?
I go, John, I have no idea what you're talking about.
But I mean, like, if I was down here, what would I be doing?
I'm not even sure if I understand.
And who would even be telling you if I was down here?
Well, the PR office in Washington, D.C. for the FBI just called me to specifically tell me that they were briefing you on a threat, a cybersecurity threat from Iran against your company.
And my phone was on speaker at this point.
And the detail leader I had at the time was sitting there.
He's a tough guy from North Carolina.
He was gritting his teeth with his finch clenched.
And honestly, it was when I realized that there was truly a deep state.
Like, you know, I mean, they just wanted that.
They wanted the narrative that they were trying to help and they were trying to be cooperative.
And then all the Russia stuff was adding in at the same time because of the servers and everything else and cybersecurity.
They're trying to blend everything together, but they literally leaked that to the papers.
And then you had Kimberly Cheadle, right, with Butler.
You know, the reason that there was no counter snipers is because the roof was too sloped and all this nonsense, right?
These are not the best and the brightest, right?
They are the politicians who do what it takes to climb the ranks of these organizations.
I can tell you that the men and women over here are the best and the brightest because I know them, and they're the greatest people you've ever met.
And those are the exact people who should be running these agencies, not so many of these DEI picks that were put in place in all these agencies.
And thank God my father's put an end to all of that.
He's put an end to that in the military.
He's put an end to that in law enforcement.
And our country would be better served for it.
unidentified
A moment ago, you mentioned God.
Your faith and the faith of your family is addressed rather extensively in the book, right down to nightly prayers that you and your kids cite.
You invoke Luke 12:48, to whom much is given, much is required.
Tell us more about your faith, how it keeps you going, how it keeps your family going.
Just in the context of everything you went through, tell us about your faith.
eric trump ▲ ● ▼
I'm so impressed by him, by the way.
I mean, the book's been out for five days, and he's clearly got this down pat.
It's amazing.
Good job.
There's no question that God was guiding this process.
There's no question that God was guiding this process.
You know, Hillary raised 1.5 billion.
We self-funded a campaign.
We didn't know what the hell we were doing.
Like, don't tell me that somebody wasn't looking down and, like, helping guide the ship a little bit, because otherwise we would have been hitting rocks and we would have been dead.
We would have been dead.
You know, at Butler that day, turning your head at the last moment.
Right?
Like, and then having a perfect American flag roll up in the perfect shape of an angel right above you.
There's a great man who wrote a prayer who was on that stage that day, who's very close to us.
It's called the Protector's Prayer.
And he wrote this prayer long before Butler.
He's one of the agents that ran up on that stage into gunfire.
And he talked about the man on his left and the woman on his right.
And he wrote the Protector's Prayer, which is like law enforcement prayer, a couple years before Butler happened.
He ended up being on that stage, and there was a man to the left and there was a woman to the right.
Corey, the person who died that day, Corey was, he kept saying, his wife told me this, when we did the return to Butler, his wife was right next to him, right next to Laura and I, and kept on saying that Corey said that day to her repeatedly that morning before the rally that Donald Trump is going to call me up on stage.
Donald Trump is going to call me up on stage.
And she goes, honey, he's not calling you up on stage.
I mean, like, there's going to be like 50,000 people there.
He's never met you.
He's not calling you up on stage.
Like, where is this coming from?
Now, I feel in my heart, Donald Trump's calling me up on stage.
And listen, two days later, at the RNC convention, whose uniform was up on stage?
Whose hat was up on stage?
It was Corey's.
And guys, every time we're sitting in these courtrooms, I never left my father's side on these wooden pews and these corrupt courtrooms in New York with these rigged judges, the worst you've ever seen, you know, daughters working for the Democratic Party, had fundraisers and everything else, you know.
Charged with 34 felonies.
You'd stand up, you'd walk out.
And every single time this happened, there was just a light.
And it felt like the lowest of times.
And then some aspect of the sea would part, and there was hope.
And you started going in this direction, and everything just seemed to work.
And the stars would start aligning.
I mean, 91 felony convictions, and we've overturned every single one of them, right?
It's not coincidental.
There was somebody watching down, and it was the ultimate David and Goliath-type story.
The media was Goliath.
The government was Goliath.
The weaponization of law enforcement, that was Goliath.
And I think David was him.
And really, David was him, but David was the American people, honestly.
And we beat back those evil forces, and we did so tremendously.
But believe me, God was watching down and God was using him in a meaningful way.
unidentified
Picking up on that last point, this is, you make the point in the book.
This is not just about Donald Trump.
This is not about your family.
It also extends to everybody in the Trump organization, but it also extends to everybody who was a supporter.
You say, the same people that despise Donald Trump despise you.
The ones who have relentlessly persecuted him won't stop until they come after you too.
This is a battle for all of us.
So tell us about that.
eric trump ▲ ● ▼
We might have been the tip of the spear, but they were doing this to all of us, guys.
They were doing it to all of us.
They were silencing all of us.
They were weaponizing the IRS against our churches.
They were weaponizing the IRS against conservative organizations.
I guarantee you, I guarantee you if you go back and look at the files, I guarantee you this organization was targeted by the IRS in some way, shape, or form during that period of time.
They weren't trying to indoctrinate our children.
They were turning down the volume on social media, anything that we posted.
You posted an article that you didn't agree with.
How many people in here saw censorship among one of the social platforms?
Like everyone?
unidentified
Well, the laptop from hell story got totally.
eric trump ▲ ● ▼
You had 51 Intel CIA intelligence officers who came out and signed a piece of paper saying it was Russian disinformation.
I don't know.
That looked like Hunter Biden doing crack to me.
And I like and you know what's ironic?
Like, I'm a guy who goes to bed at like a reasonable time.
I say prayers for my guy.
My kids, since the age of two, my kids have said the Pledge of Allegiance.
They say the Lord's Prayer.
We have these like you little, now I lay me down to sleep.
I pray, Lord, my soul to keep.
If I should die before I wake, I pray, Lord, my soul.
So my kids say that every night, and one other kind of little family prayer that we do.
And then that's it.
And like, there's no pictures from hell.
There's no laptops from hell.
There's no like, you know what I do?
Like, Lily runs one of our golf courses.
Like, you know what we sell.
I've never seen a guy that had so many entities and not sell a product.
Like, I'm really trying to figure it out.
Like, I'm really on.
He was an energy expert, apparently.
I mean, Greg, you understand the capital markets as well as anybody in the world.
Like, have you ever seen somebody that had 50 entities or 40 entities that all interconnected in some way, shape, or form, but without an actual product to sell?
Like, I'm trying to figure it out.
Yeah, yeah, yeah.
No, no, the finger paintings.
As soon as his father became president, he became a wonderful finger painter.
How do you think I'd be treated right now if all of a sudden I miraculously became the next Picasso in my own mind?
I'm painting little birds with my feet, right?
Like, give me a break, right?
And you know what they did?
They did nothing to this guy.
I got 112 subpoenas.
I've never gotten so much as a speeding ticket.
I've never gotten a parking ticket.
No drugs, no smoking, no misbehaving, no laptop from hell.
I mean, they threw the guy's firearm in a dumpster, and then they had to go retrieve it because you know this whole story.
I mean, could you imagine if my wife, if Laura Trump threw my firearm in a dumpster outside a supermarket, and then they sent law enforcement to go fish it out of the dumpster the next day?
You think they would do that for me?
unidentified
No way.
eric trump ▲ ● ▼
Like, I'd be in jail for the rest of my life.
And, you know, Jill, even you couldn't fix that problem.
unidentified
So we've walked through the massive amount of what was thrown at you.
We've walked through what the stakes are.
You say early in your book, quote, this country needs fighters.
It needs people who will stand up for it, who can't be bought, bribed, or coerced.
Is that your call to action to everybody listening to you tonight?
eric trump ▲ ● ▼
Yeah, guys, it absolutely is.
Our family needed this voyage like a hole in the head.
And I say that we didn't need to be here.
Obama, he was a community organizer, and now he lives in Arthur's Vineyard.
My father lived in Palm Beach and the penthouse, the Trump Tower, and everywhere else.
Believe me, the last thing that he needed to be doing is sitting in courthouses every single day.
I mean, Trump Force One is awfully nice.
Smarlogo is awfully nice.
Playing golf whenever you want is awfully nice.
Building hotels all around the world is awfully nice.
He needed a job like a hole in the head, but he was sick and tired of the incompetence.
I mean, he's sick and tired of the incompetence.
No different than your father.
Sick and tired of the incompetence.
It's exactly why he did it.
It's why your father did it.
And we need good people to do it.
And honestly, they thought they could make his life so damn uncomfortable that he would just tap out and he would quit.
And he was never willing to quit.
And he just fought through.
And I think that became a very inspirational thing for this country because I think everybody in their own personal lives can relate.
We've all had times where it felt like those walls are falling in, right?
Or they're about to crush you in some way, shape, or form, and you were under siege.
And honestly, I hope in eternity, and this is something I try and really convey in this book, I hope that people realize that you can always fight through the unthinkable.
You've got to keep punching.
You've got to use unthinkable amounts of energy.
Sometimes it's not pleasant.
Sometimes you need to stick with your principles.
Sometimes you need the help of God.
You probably always need the help of God.
But you can do it.
You can do it.
And I think that's one thing my father has done for this country.
I think he's been the greatest example of resilience ever.
And in doing so, we're saving God.
We're saving faith.
We're saving our First Amendment.
We're saving freedom of speech.
We're saving our kids.
We're saving education.
We've killed DEI.
I mean, I think three years ago, four years ago, you had Colin Kaepernick, who was literally sitting there kneeling every time the national anthem was played at football games.
Guess what?
Colin Kaepernick is gone.
Guys my size, guys my size are no longer swimming in women's sports.
It's just not happening.
The youth in this country, large thanks to Charlie, who was a great friend of mine, but the youth in this country has totally changed.
I mean, now all of a sudden you've got young guys, a couple of them right here, who are literally trying to take over student bodies in their colleges, in their high schools, right?
They're trying to bring in conservative speakers.
When the teacher tries to teach them some lesson that they just fundamentally disagree with, they're happy to take the F on their test out of principle because they're willing to fight back.
It's actually become cruel to be conservative, and that never would have happened.
None of that would have ever happened.
And that's before you get into the economy, and that's before you get into Middle East peace and the saving of Israel and stopping wars all around the globe and being the best peacetime president ever.
And none of that would have ever happened had we not won the siege.
And we won the siege together, guys.
We won the siege as a nation.
We won it as a family.
We want it together.
unidentified
As our time starts to draw to a close, I'm going to incorporate a few of the pre-written audience questions.
One of them reads, Trump family dynasty, exclamation point, will you or a sibling consider running?
eric trump ▲ ● ▼
Now I've gotten a lot of this question ever since I wrote this book, and I keep saying to people, don't give me nightmares, honestly.
It's like, I called my father the morning, so this was November 6th, this is the morning after the election, right?
The last election.
I go, Pops, I love you to death.
I've been on the stage with you for 10 years.
You know, I'm officially retiring from politics.
You know, I'll go run the company and awfully good at it, and we have the best real estate company in the world, and you go save our nation, and we're going to do great things.
And, you know, it's, I hope the Republican Party has changed so much and got back into Reagan-era Republican Party.
And in doing so, we'll have so many good people on that stage, right?
Where it's not that, you know, it's not the Jeb Bushes, it's not the, you know, it's not the Mitt Romney's, it's not the Ben Sasses, it's not the Paul Ryans.
It's people who are willing to go out there and absolutely fight for the heart and soul of our nation.
And I truly think that's the fundamental difference my father has made.
I think for the next five generations, you're going to have fighters as part of the Conservative Party, and you're going to have people that are loud, that don't back down, who put their values first.
And so I'm skirting the answer to this.
Listen, I think it's probably the same answer that he had back in the day when he spoke to Oprah.
If it ever got so bad that you had no other choice, maybe at the right time, if my family was in the right spot, I'm talking about my children and my wife.
But man, is it an awful job?
It's an awful career.
We've seen the best of it.
We've seen the worst of it.
It's evil, nasty stuff, but you do need good, competent people.
And by the way, we need business leaders in Washington.
unidentified
Last couple.
eric trump ▲ ● ▼
And so never say never.
Never say never, but hopefully I can avoid the nightmare of the nightmare of politics for a little while longer.
unidentified
Last couple questions.
What do you make of the No Kings protests?
eric trump ▲ ● ▼
You know how hard it is for me to take somebody seriously that dresses up in a 2-2?
I mean, you legitimately have grown men wearing dresses and high heels.
And I went to school in Washington, D.C., and you see these things.
You see people protesting the IMF and the World Bank and all sorts of stuff.
And they're literally passing out flyers and there would be spelling mistakes on flyers and they'd be wearing the same thing.
They'd be wearing garbage bags and they look like total hell.
They look like they were hungover from the night before.
It's like, if you're serious about a cause, why don't you actually present yourself as serious human beings?
And they're incapable of doing that.
And honestly, they look like morons because of it.
And so, you know, like our No Kings protest ended on November 6th when we won the popular vote.
We won every swing state.
Our no kings protest is when every church in the country is filled every Sunday now, right?
That's our no kings protest.
unidentified
You were born during the Reagan presidency.
Your dad achieved great accomplishments in business in the Reagan era.
Your dad met Ronald Reagan on multiple occasions.
There's a photo in the book with you and your dad and other leaders in the Oval Office where the portrait of Ronald Reagan, which Donald Trump moved into the Oval Office, is above your left shoulder.
What does Ronald Reagan mean to you?
eric trump ▲ ● ▼
So there's two great pictures.
I've got a great picture.
I've got a great mullet.
This must be circa 1993 or something with Hillary Clinton.
It's a great picture.
You guys see it in the book.
And she's just looking at her.
Never did I think that Hillary would have this profound impact on my life later on.
And so it's like every time I see this picture of us as little kids with Hillary, I just start laughing.
And then there's this most beautiful picture in the book of my father and my mother.
My mother was an amazing woman.
I mean, an amazing, amazing, amazing woman.
In the White House with Ronald Reagan, and I would venture to say that even this library didn't have that picture.
And I'll get you the copy of it, but it's the most beautiful picture of them standing there having this conversation.
My father always respected Reagan immensely, especially the Peace Through Strength.
That's like his exact mantra, right?
That's exactly what he does: I don't want to go to war, but if we have to go to war, I want to knock their heads off so badly that no one ever messes with the United States again.
No.
It's like, you know, like wrestlers, they're so tough, but they're confident, so they don't need to fight.
Or so oftentimes in other sports, you've got these jocks that aren't actually that tough, so they become bullies.
Like my father always appreciated the wrestlers, right?
The guys that were so tough, and everybody knew you were tough, and everybody was never going to mess with you because you were tough.
And that's what my father wants this country to be.
And that's exactly what your father wanted this country to be.
He wanted this country to be so tough that no one would even think about messing with us for fear of ramifications.
And that's exactly how he wants to lead.
And so my father always had respect, immense respect, probably more respect for Ronald Reagan than any other president before.
And I can tell you how little respect he had for others.
That dragged us into never-ending conflicts who were totally incompetent, who were asleep at the wheel, which is why he ultimately ended up running.
And thank God we won three times, but we'll just call it.
unidentified
Eric.
Eric, we're very grateful that you made the trip here, that you've spent this time with us.
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