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Eric Trump: “The power and control of the big banks... is going to come…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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Why Eric Trump Wants to Make Big Banks 'Irrelevant' | CoinDesk Spotlight

Published | Video Starts at 34:20

But I ultimately think that the power and control of the big banks, right, and the virtual monopoly that four or five banks have over all of America The power and control of the big banks... is going to come crashing down in a very large way. And I think you're going to see so much more financial independence, which is going to make them have to sharpen the pencils and probably become a hell of a lot more competitive than they are today. (34:20–34:35)

CLAIM

Asserts that the dominance of big banks will significantly decline.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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