Eric Trump Accuses Major US Banks of Colluding Against Crypto
Neutral impact
Eric Trump claims JPMorgan, Bank of America, and Wells Fargo pay depositors 0.01–0.05% while earning about 4%+ from the Fed, taking the difference as record profits. He says banks spend millions on lobbying to block crypto platforms offering 4–5%+ on stablecoins to maintain their low-rate monopoly.