Citadel CEO: Trump Eroded US Brand, Made Country 20% Poorer
Citadel CEO Ken Griffin criticizes President Trump’s policies, asserting that his aggressive approach is harming the US economy and international relationships. Trump’s actions, including trade tariffs and threats against the Federal Reserve, have eroded the reputation of US assets, resulting in a significant devaluation of the US dollar relative to the euro. This economic instability, Griffin argues, creates a zero-sum game where everyone loses, and risks long-term damage to America’s global standing and brand. He expresses deep concern over the damage inflicted on the US reputation, drawing parallels to the administration’s attacks on institutions like Harvard University.