Eric Trump says he plans to sue Jen Psaki over MS Now monologue

He specifically disputed claims that he sits on the board of financial technology company ALT5 Sigma and denied participating in merger discussions or maintaining business interests in China.

The threat followed a segment on Psaki’s MS Now show in which she questioned why Eric Trump, who does not hold a government role, accompanied his father on a trip to China.

She said Eric Trump was “on the board” of ALT5 Sigma and pointed to a Financial Times report that the company had signed a memorandum of understanding to explore a deal with a Chinese chip manufacturer tied to artificial intelligence infrastructure.

Psaki suggested the arrangement raised questions about whether Eric Trump could benefit from the trip.

However, Securities and Exchange Commission filings reviewed by the Washington Examiner show Eric Trump has not served as a voting member of ALT5 Sigma’s board of directors. The company’s 8K filings, which detail changes to the board of directors, list Eric Trump as a board observer, a nonvoting role that allows attendance at meetings but does not confer formal director authority.

Eric Trump stated in his ex post: “I have NEVER been on the board of ALT5 — not now, not ever.”

ALT5, founded in 2018, announced in 2025 that Eric Trump would join the board amid a partnership with World Liberty Financial, the Trump family-backed cryptocurrency company. But later SEC filings show the company redesignated him as a board observer rather than a director.

Psaki’s segment also showed footage of Eric Trump and Donald Trump Jr. ringing the Nasdaq opening bell next to signage for ALT5 and World Liberty Financial. The clip originated from an August 2025 Nasdaq ceremony marking a partnership between the companies, which included ALT5’s integration of World Liberty Financial’s digital assets and treasury products.

ALT5 Sigma and World Liberty Financial maintain a deep strategic partnership involving a $1.5 billion capital transaction, shared leadership between the two companies, and the integration of WLFI tokens into ALT5’s fintech infrastructure, according to SEC filings. This relationship is legally classified as a related-party arrangement due to ALT5’s chairman and director also serving as a co-founder of World Liberty Financial.

Eric Trump said in his X post that he has “zero involvement in any merger discussion involving any public entity” and “zero business interests in China,” adding he joined the trip only “as a loving son who adores my father.” He added that he and his wife, Lara Trump, visited the Great Wall of China during bilateral meetings between Trump and Xi.

Reports show that Eric Trump was listed under ALT5’s leadership page as recently as March, but Forbes reported in April that he had been removed from the company’s listed leaders.

The Washington Examiner reached out to Eric Trump, MS Now, and ALT5.