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Eric Trump on new NYT analysis of father's taxes: 'My father has lost a fortune'

Eric TrumpEric Frederick TrumpEric Trump shares manipulated photo of Ice Cube and 50 Cent in Trump hats Rally crowd chants 'lock him up' as Trump calls Biden family 'a criminal enterprise' Twitter removes Trump COVID advisor tweet that questioned use of masks MORE defended his father's business dealings in response a New York Times article published on Saturday that unveiled reported White House favoritism toward hundreds of companies, lobbying groups and foreign leaders who stayed at President TrumpDonald John TrumpTrump admin to announce coronavirus vaccine will be covered under Medicare, Medicaid: report Election officials say they're getting suspicious emails that may be part of malicious attack on voting: report McConnell tees up Trump judicial pick following Supreme Court vote MORE's commercial properties.

The newspaper reported that the president used his political position to create new, more lucrative forms of income through his hotels and golf courses.

"We've lost a fortune. My father has lost a fortune running for president. He doesn't care. He wanted to do what was right. The last thing I can tell you Donald Trump needs in the world is this job. He wakes up in the morning, and he has to fight you, and he has to fight the entire media. He has to fight the Democrats, and he gets punched in the head every single day," Eric Trump told Jonathan Karl of ABC's "This Week."

Karl quickly interjected, asking for a response that directly addressed the claims made by the Times. Eric Trump instead called into question former Vice President Joe BidenJoe BidenDemocrats warn GOP will regret Barrett confirmation Trump campaign eyes election night party at his sold-out DC hotel Harris blasts GOP for confirming Amy Coney Barrett: 'We won't forget this' MORE's finances.

"Go Google Biden's house right now and tell me if you think that a person who's been in government for 47 years can afford that mansion on the water in Wilmington, Del.," he said. Both Biden and his running mate, Sen. Kamala HarrisKamala HarrisHarris blasts GOP for confirming Amy Coney Barrett: 'We won't forget this' GOP Senate confirms Trump Supreme Court pick to succeed Ginsburg The painstaking, state-by-state fight to protect abortion access MORE (D-Calif.), released their tax returns right before the first presidential debate.

When Karl again asked him to address the article, Eric Trump said, "We're a hospitality company. We've got tens of millions of people staying at our properties every single year. The New York Times is absolute fake news. All they want to do is take down my father."

He then went on to claim that the media in the U.S. has become an "activist arm for the Democratic Party."

Karl responded, "Eric, we're asking legitimate questions."