That forced them to look for other ways to keep projects moving. In the interview, Trump Jr. stressed that this move wasn’t about chasing a trend. It was about finding a lifeline when banks stopped answering their calls.
Trump Jr. said that before his father took office, banks in New York treated the family like any other developer. Loans were easy to get. Deals went through fast. Then, in January 2017, everything changed. Banks stopped returning calls and froze out even long‐standing projects.
Based on reports, Trump Jr. said the family couldn’t get basic financing, despite having solid records and valuable real estate. He added that they felt the same hurdles everyday Americans face, from loan denials to high fees.
That shift made him and his brother Eric realize the system wasn’t built to treat everyone fairly. So they started to look beyond traditional finance.
Critics worry that meme coins can let actors send money to those in power without clear records. Trump Jr. says crypto’s anonymous nature makes it tough to link funds directly to politicians.
He added that insiders thanked him for shining a light on the space, not complaining about the project.
Featured image from AP, chart from TradingView
