"One enduring theme of President Donald Trump's second term so far has been the CEOs, institutions, and name brands that have chosen to flatter the commander in chief instead of criticize him. A rare outlier: Ken Griffin. The billionaire hedge fund founder coauthored an opinion piece in The Wall Street Journal on Sunday, deriding Trump's attacks on the Federal Reserve's independence."
"Griffin, a GOP megadonor who voted for Trump and praised the work of Elon Musk's DOGE, has been critical of the administration's stance on tariffs and immigration. Business Insider recently reported that Griffin, who founded Citadel and marketmaker Citadel Securities, is focused on " policies and principles" when he speaks publicly or donates to campaigns or causes. While his political giving has gone exclusively to Republican candidates recently, he notably did not back Trump's reelection campaign."
Ken Griffin derided President Donald Trump's attacks on the Federal Reserve's independence and urged that the Fed remain free of undue interference from the executive branch. He warned that sustained attacks on Fed independence would lead to higher borrowing costs over time. Griffin emphasized the need for the United States to cut government spending and reiterated his focus on policies and principles when speaking publicly or donating. He is a GOP megadonor who voted for Trump but did not back Trump's reelection campaign, and he has criticized administration positions on tariffs and immigration.
Read at Business Insider
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