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Stock impact report

Eric Trump Calls Big Banks 'The Greatest Hypocrites' After His Dad Says He Won't Let Them Undermine His 'Powerful Crypto Agenda' [Yahoo! Finance]

American Bitcoin Corp. - Class A (ABTC) 
Company Research Source: Yahoo! Finance
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Eric Trump , co-founder and Chief Strategy Officer of American Bitcoin Corp. , on Tuesday blasted "Big Banks" as "the greatest hypocrites," arguing that traditional finance is "in mass panic" because it is losing ground to cryptocurrency as the White House tries to break a banking-crypto stalemate that has slowed major digital-asset legislation in the Senate. Eric Trump Accuses Banks Of Blocking Rewards In an X post, Eric Trump, also the co-founder of World Liberty Financial , said banks were "the very institutions that have held a monopoly" and fleeced customers for years, "offering near-zero yields on retail Money Market Accounts while crushing low-balance accounts with exorbitant fees." He added that those firms were "doing everything they can to block the Crypto industry from offering real benefits, perks, and rewards on their platforms." The "Big Banks"—the very instituti Show less Read more
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