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eric trump
‘Absurd Corruption’: Disgust as Eric Trump Brags About Scoring $24 Million Pentagon Deal
"The US government is now one of, if not the most, corrupt governments on earth," said one critic.
Apr 23, 2026
Critics reacted with disgust after Eric Trump went on Fox Business on Thursday morning to boast about Foundation Future Industries, a company where he serves as chief strategy adviser, scoring a multimillion-dollar deal from the US Department of Defense.
For the segment, Fox Business' Maria Bartiromo invited on both Eric Trump and Sankaet Pathak, co-founder and CEO of Foundation Future, a robotics firm that earlier this year won a $24 million Pentagon contract that will see its robots deployed in Ukraine, where they will be used to inspect and transport weapons.
Bartiromo asked the second-eldest son of President Donald Trump how he got involved with Foundation Future, and "what attracted" him to the enterprise.
Trump responded that he decided to get involved with robotics to help America "win" the race with China to build battle-ready robots, in the same way he purportedly helped the US "win" by being an early investor in cryptocurrency.
"We better be winning this race in the United States of America," he declared. "We're the greatest economy in the world... When you go up and you interact with these robots, and they fist bump you and they high five you, they follow your commands. You bring in AI economy, it's going to change industry, it's going to change military application, it's going to change hospitality. The uses are unlimited."
Eric Trump on his $24 million Pentagon contract for robots: "It's gonna change industry, military application, hospitality. The uses are unlimited and I think it's a very beautiful thing, but we must win that race." pic.twitter.com/JsfiB6Usbi
— Aaron Rupar (@atrupar) April 23, 2026
Eric Trump and his brother, Donald Trump Jr., for months have been investing in companies with the goal of scoring lucrative Pentagon deals.
The Wall Street Journal reported in March that the Trump brothers invested in a Florida-based drone company called Powerus that “is vying to meet fresh demand from the Pentagon” for drones that started when the Trump administration banned foreign-made drones and drone components from the US in December.
And in 2025, at least two companies backed by Trump Jr. received contracts collectively worth hundreds of millions of dollars from the DOD.
Given this history, critics were quick to hurl accusations of corruption at the Trumps for using their father's presidency to personally enrich themselves.
"The president's son, who was never involved in this industry before his father became president, should not be getting contracts from the Pentagon," declared Ron Filipkowski, editor-in-chief of MeidasTouch. "This is absurd corruption that Republicans in Congress will say nothing about and do no oversight."
Phillips O'Brien, professor of strategic studies at the University of St. Andrews, said the fact that the president's son is openly boasting about getting multimillion-dollar deals from his father's DOD shows "the US government is now one of, if not the most, corrupt governments on earth."
University of Michigan political scientist Donald Moynihan compared the Trump brothers to Uday and Qusay Hussein, the late sons of former Iraqi President Saddam Hussein, and argued that much of Trump's second administration appears to be running the US government like it's a family business.
"An underestimated rationale for Trump's massive ramp-ups in immigration/military spending," he wrote, "is to create a public slush fund for friends, families, donors."
National security attorney Bradley Moss, in a nod to possible future congressional investigations of the Trump family's corruption, advised Eric Trump to "preserve your records."
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Trump Sons Accused of Trying to Profit Off Father’s Iran War With Drone Investment
"The most corrupt family ever is profiting from all of the death and destruction Trump is responsible for," said one critic.
Mar 09, 2026
There's no end in sight to President Donald Trump's unprovoked and unconstitutional war with Iran, and two of the president's children appear ready to cash in.
The Wall Street Journal reported on Monday that Donald Trump Jr. and Eric Trump are investing in a Florida-based drone company called Powerus that "is vying to meet fresh demand from the Pentagon" for drones that started when the Trump administration banned foreign-made drones and drone components from the US in December.
The company will soon be going public by merging with Aureus Greenway Holdings, a publicly traded golf-course holding company that is also backed by the Trumps, and is expected to make its debut on the Nasdaq stock exchange in the coming months.
"Investors in the deal include one of the Trumps’ investment vehicles, American Ventures," reported the Journal, "and Unusual Machines, a drone components company where Donald Trump Jr. is a shareholder and advisory board member... Powerus is also a customer of Unusual Machines."
In an interview with the Journal, Powerus CEO Andrew Fox predicted robust demand for his company's products, commenting that the drone market "is certainly going to grow faster than, say, golf courses are."
Eric Trump confirmed and defended his investment in the drone firm, replying to the Journal in a social media post that "I happen to believe drones will be a much better investment than companies that still print newspapers."
Many critics, however, accused the two eldest Trump sons of seeking to profit off a war started by their own father. As the New York Times reported on Saturday, drones have become "a defining feature" of the Iran war, as they have been used by both sides in the conflict to launch explosives at targets at a fraction of what traditional missile barrages would cost.
"Rushing to cash in on Daddy's failed war before they've even gotten Barron and Kai to enlist," wrote journalist Marcy Wheeler. "Truly deplorable behavior, but what we expect from these corrupt reprobates."
University of Virginia political scientist Larry Sabato argued that the Trump sons' efforts to rake in cash from the war shouldn't be surprising.
"Always a money-making angle for the Trump family," Sabato wrote. "Why should the War with Iran be any different?"
Sabato's words were echoed by fellow political scientist Norman Ornstein, who observed "it’s always about the grift" when it comes to the Trump family.
Melanie D'Arrigo, executive director of the Campaign for New York Health, argued that the Trump sons' drone investment should cast a pall across the entire Iran war venture.
"Reminder as Trump starts wars, sells weapons and bombs everyone," D'Arrigo wrote. "The Trump family has a military drone company with military contracts, currently vying to meet Pentagon demand after the Trump administration recently banned new Chinese drones. The most corrupt family ever is profiting from all of the death and destruction Trump is responsible for."
In 2025, at least two companies backed by Trump Jr. received contracts collectively worth hundreds of millions of dollars from the US Department of Defense.
Kedric Payne, general counsel at the Campaign Legal Center, said in an interview with the Financial Times last year that the government deals scored by Trump Jr.-backed companies look ethically dubious even if the president’s son didn’t directly use his influence to procure them.
“Presidents are expected to avoid even the appearance that they are using their office to financially benefit themselves or their family,” he said. “While we do not know for certain if, or how, the president may have influenced this loan, it falls under the cloud of conflicts of interest we have seen throughout this administration.”
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'Greatest Corruption in Presidential History': Trump Family Reaps $5 Billion More in Crypto Profits
"Your family gets higher energy prices and cuts to healthcare. His family gets billions," said Rep. Greg Casar.
Sep 03, 2025
In what Public Citizen called "the greatest corruption in presidential history," US President Donald Trump and his family added $5 billion in cash to their fortunes this Labor Day as his new cryptocurrency was opened to the public market.
The currency, known as WLFI, is owned by World Liberty Financial, a company founded by the president's sons, Donald Trump, Jr., and Eric Trump. A Trump business entity owns 60% of the company and is entitled to 75% of the revenue from coin sales.
As the Wall Street Journal reported Monday:
The trading debut was most likely the biggest financial success for the president's family since the inauguration...
WLFI is likely now the Trumps' most valuable asset, exceeding their decades-old property portfolio. While the president's family has continued to pursue property deals around the world since taking office, the fast-moving crypto business has had the biggest early impact.
Crypto is now the dominant source of Trump's wealth. As an investigation by the anti-corruption group Accountable.US found last month, "President Trump's net worth could roughly be $15.9 billion, with about $11.6 billion in uncounted crypto assets," meaning that the digital currencies now make up 73% of his total net worth.
In addition to the tokens owned by World Liberty Financial, it found that two Trump-affiliated companies owned 80% of the $TRUMP meme coin as of May and had collected over $324 million in fees since Trump took office in January.
Meanwhile, Trump Media, which owns his online platform Truth Social, bought $2 billion worth of Bitcoin in July and reserved another $300 million in Bitcoin options.
As America's self-proclaimed "first crypto president," Trump has sought to curb regulations against the volatile financial assets.
In July, Trump signed the GENIUS Act, which purports to establish the US's first regulatory framework for crypto. However, critics noted that the law designated so-called "stablecoins," of which Trump owns many, as "commodities" rather than "securities," allowing them to face much looser oversight.
Though the bill passed with support from over 100 Democrats, Rep. Maxine Waters (Calif.), the ranking Democrat on the House Financial Services Committee, warned that the bill "legitimizes Trump actively building the most corrupt self-dealing crypto environment this country has ever seen."
Rep. Ayanna Pressley (D-Mass.) described Trump's latest $5 billion windfall as "blatantly corrupt and a brazen abuse of power."
"The current occupant of the White House," she said, "is putting personal profit above the people, using his power to illegally line the pockets of his family and billionaire friends while hanging everyday families out to dry by ripping away their healthcare, food assistance, raising the cost of consumer goods, gutting the Consumer Financial Protection Bureau, and more."
While cryptocurrency is often billed as an asset available to everyone that levels the playing field of the finance world, in practice, its ownership is largely concentrated among the wealthiest Americans. According to a Harris poll published in April, nearly half of all crypto owners have a yearly income of over $150,000, putting them in the wealthiest 10% of the country.
"Your family gets higher energy prices and cuts to healthcare. [Trump's] family gets billions," said Rep. Greg Casar (D-Texas), the chair of the Congressional Progressive Caucus. "Corruption, plain and simple."
Sen. Patty Murray (D-Wash), a strong advocate for crypto regulation, said that such blatant profiting from the presidency makes Trump "easily the most corrupt president in our country's history," and emphasized that "Republicans in Congress are not lifting a single finger to exercise basic oversight."
According to data from OpenSecrets, just three crypto industry-backed political action committees (PACs) poured over $133 million into the 2024 election. Though they spent the majority of that money supporting Republicans, nearly 40% of it went to Democrats.
But although all this money helped to buy what Coinbase CEO Brian Armstrong called "America's most pro-crypto Congress ever," according to Reuters, just 3% of legislators in the US House of Representatives and Senate own these assets themselves, including Sens. Dave McCormick (R-Pa.) and Tim Sheehy (R-Mon.), as well as Reps. Nick Begich (R-Ark.) and Mike Collins (R-Ga.).
But Trump's profiteering far exceeds the crypto holdings of every congressperson put together.
"We have only seen the tip of the iceberg when it comes to the damage that this corruption will inflict on the American people," said Bartlett Naylor, a financial reform advocate with Public Citizen. "The impact of attempts by the Trump family and others to buy and sell politics and politicians will continue to ricochet."
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