Eric Trump responded to a report that revealed how corporations and foreign governments patronize President Trump's hotels and resorts.

On Sunday, Eric Trump, son of President Donald Trump, said that his father has not profited from his positions, as per ABC News report. Eric pushed back on any ethical and financial lapses when he spoke to ABC's Jonathan Karl on "This Week."

"We've lost a fortune," Eric Trump, an executive vice president at the Trump Organization, said. According to him, his father lost a fortune when he ran for president.

However, President Trump does not care, and he only wants to do what is right. "The last thing I can tell you is that Donald Trump needs in the world is this job," Eric added.

Eric's statements came after another report of the New York Times detailed that President Donald Trump turned "his resorts and hotels into the Beltway's new back rooms, where private and public businesses special interests reign."

According to Business Insider, there are 60 customers with interests at stake when the Trump administration brought family business nearly $12 million during the first two years of Trump's presidency. The report added that "almost all saw their interests advanced, in some fashion, by Mr. Trump or his government."

(Photo : Elsa/Getty Images)
U.S. Women's Open - Round Three BEDMINSTER, NJ - JULY 15: Eric Trump waves as he heads into U.S. President Donald Trump's suite during the U.S. Women's Open round three on July 15, 2017 at Trump National Golf Club in Bedminster, New Jersey.

President's son then questioned the report's timing and questioned the credibility of the New York Times. Eric explained that they are a hospitality company wherein they got tens of millions of people who stay at their properties every year. "The New York Times is fake news. What they want to do is take down my father," Eric said.

He added that every day New York Times starts the morning of the debate and drops some story that NY Times have been sitting on for the last six months, year or two years as an attempt to influence the election.

When Karl pressed about President Trump's $241 million debt load, which was reported in late September by The New York Times, Eric Trump pushed back again and argued that it was a consequence of conducting business.

Eric explained that if a person owns buildings or real estate, you will carry some debt as it is what the developers and business owners do. He admitted that their family has a phenomenal company, but it is now new, and it is the same debt that President Trump got elected to.

Trump's son also responded to the president's refusal to join a virtual debate this coming week. The Commission planned the virtual discussion on Presidential Debates after the president's COVID-19 diagnosis and hospitalization.

Due to President Trump's refusal, the debate was canceled, and it is not immediately clear how the next, potentially final debate will be held in two weeks.

In the interview, Eric explained that his father wants to stand on stage with his opponent, the Democratic presidential nominee, Joe Biden.

For the last 200 years, that's how debates have been organized in America; Eric Trump reiterated even though in 1960, and Richard NixonJohn F. Kennedy held debate on-camera from opposite coasts, as per the ABC News.

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