Trump family says U.S. dollar needs an upgrade, and they are the ones to do it [CNBC]
JP Morgan Chase & Co. (JPM)
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Source: CNBC
Donald Trump Jr. and Eric Trump, in an interview, said USD1 stablecoin will “preserve dollar hegemony.” The Trump brothers also sat down with CNBC's “Squawk on the Street.” Donald Trump Jr. (L) and Eric Trump speaking on Squawk on the Street on Feb. 18, 2026. CNBC Since the dollar was created in 1792, U.S. presidents and their families have generally been content with the status quo of effectively giving the national government a monopoly on issuing currency and outlawing the use of foreign currency. Consider the launch of the dollar the country's Initial Coin Offering. Back when the U.S. government was hustling to surpass the dominance of the Spanish pieces of eight then in common circulation throughout the country. When presidents have said anything about the dollar itself, it was generally to reiterate the U.S. government's “strong dollar” policy. That continued more or less uninterrupted through 46 presidencies — until last March, when a company partly owned by Pres
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JPM
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JPM
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- 2/18/26 - Form 424B2
- 2/18/26 - Form 424B2
- JPM's page on the SEC website