News snippet: Billionaire investor Ken Griffin has accused Donald Trump’s administration of “enriching” its families, and criticised its interference in American businesses as “distasteful”.
Griffin, who is chief executive of the hedge fund Citadel and a large Republican donor, rebuked the Trump administration, saying it “has definitely made missteps in choosing decisions or courses that have been very, very enriching to the families of those in the administration”.
“That calls into question, is the public interest being served?” he said at a conference on Tuesday in Florida hosted by the Wall Street Journal.
Griffin is one of the most vocal critics of Trump on Wall Street, although it is the first time he has commented on how the president’s family appear to have made financial gain from their proximity to the White House.
Trump’s eldest sons, Don Jr and Eric, have benefited from the White House’s crypto-friendly policies, and have secured a series of big business deals since their father’s re-election. They have previously insisted there is a “huge wall” between their moneymaking and Trump’s position.
Deinosoar on
It doesn’t matter who said it. What matters is the fact that it is objectively and nakedly true.
yellowjackethokie on
Everyone who isn’t blinded by partisan/cult loyalty can see it clearly.
Jealous_Following_38 on
Yeah…no shit
yourlittlebirdie on
And he only has a problem with it because he doesn’t feel like he’s getting enough of his share.
Dangerous_Stress1168 on
Ken Griffin complaining about self-enrichment in the Trump White House is like the fox pointing out that the hens are getting too comfortable. The whole system is rigged for billionaires to cash in, no matter who’s in power. It’s not about politics it’s about making money off the system. Period.
clueless_in_ny_or_nj on
Ken, you and all your Wall Street friends helped make this happen. It is true Trump is enriching himself. Cry me a river.
Zaius1968 on
Just imagine a world where a democratic president would be doing that…
gdghhfdffrf on
that’s rich coming from one of the architects of the economic crisis who gave the republicans at least $108,402,284 in 2024.
OuterSpaceBootyHole on
Signaling he wants in on the corruption. No way Ken Griffin grew a conscience.
Lucky_Development359 on
>Griffin added that most chief executives he was friends with “find it incredibly distasteful” when the “US government starts to engage in corporate America in a way that tastes of favouritism”.
>“Most CEOs just don’t want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in running their business,” he said.
Translation:
*Ahh, c’mon thats not fair Don Jr. gets all the good deals!*
Then goes on to say:
>The billionaire also suggested he might run for office himself, and said: “In a future point in my life I would like to be involved in public service.”
Translation: So I can rig it for myself and not have to share.
hdiggyh on
No shit
AyeHaightEweAwl on
Says the guy who’s in the Epstein files talking about naked shorting (an illegal trading practice) in order to make himself richer.
MirthandMystery on
So this is a little more drip drip drip open Trump criticism which helps Republicans and MAGA be less afraid to scrutinize and call out Trump, which cleaves away support, that’s good.
Griffin of course is incredibly rich and helped create the Frankenstein Trump monster which no one is now able to control, but if supporters collectively start to sour on Trump it’ll create the tsunami needed to wash him away.
Problem is it’ll likely be Vance they’ll turn to as good enough to fill the power void. And he’s as easy to manipulate and will surely continue the terrible self destructive current policies Trump already set down.
And the Trumps and Kushner will continue to get away with extreme corruption.
RevolverMFOcelot on
isnt that guy is the one involved with the whole GME thing and his firm was almost destroyed by a bunch of redditors? lmao. I didnt know much about it but i watch bits and piece of video from folding ideas on youtube
russ_nightlife on
~~Accuses~~ Observes
ianzachary1 on
The amount of times I’ve said “no shit” to these type of articles lmao like yes who would have thought the man selling hats, shoes, bibles, watches, and digital trading cards would be in it for himself
gustavocabras on
Kenneth „bedpost“ Griffin? I plan on taking all his money, Legally. He made a bad bet in the stock market, and his SEC friends have been protecting him for 5 years. Times almost up Cordell.
bailaoban on
You don’t say
cooljonboy111 on
Welcome to the club Ken, been a decade, but here you are.
alphawhiskey189 on
Is he mad he was left out?
blackmobius on
That has literally been the only thing hes doing. Tearing down any authority force or regulation that would go after him, while openly peddling gold bibles, trump guitars, melania coins on his absolute idiot followers.
nonubiz on
The president is the biggest crook in presidential history, put the cherry on top. He’s a pedo, and he’s trying to steal our democracy.
613Flyer on
And what is anyone going to do about it?
NOTHING.
America is weak sauce. Land of the complacent and manipulated.
SMUHypeMachine on
Ken Griffin is also a financial terrorist, but he’s right in this instance.
bengalfan on
This is rich from a guy who naked shorts the market.
Marmom_of_Marman on
Also, Ken Griffin Lied Under Oath To Congress!!!
b_tight on
Yeah. The donold/epstein files are baaaad. Even ken fucking griffin is distancing himself from trump. The only way he knows how is money but ill take it. Fuck them both as far as im concerned
heaintheavy on
r/NoShitSherlock
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News snippet: Billionaire investor Ken Griffin has accused Donald Trump’s administration of “enriching” its families, and criticised its interference in American businesses as “distasteful”.
Griffin, who is chief executive of the hedge fund Citadel and a large Republican donor, rebuked the Trump administration, saying it “has definitely made missteps in choosing decisions or courses that have been very, very enriching to the families of those in the administration”.
“That calls into question, is the public interest being served?” he said at a conference on Tuesday in Florida hosted by the Wall Street Journal.
Griffin is one of the most vocal critics of Trump on Wall Street, although it is the first time he has commented on how the president’s family appear to have made financial gain from their proximity to the White House.
Trump’s eldest sons, Don Jr and Eric, have benefited from the White House’s crypto-friendly policies, and have secured a series of big business deals since their father’s re-election. They have previously insisted there is a “huge wall” between their moneymaking and Trump’s position.
It doesn’t matter who said it. What matters is the fact that it is objectively and nakedly true.
Everyone who isn’t blinded by partisan/cult loyalty can see it clearly.
Yeah…no shit
And he only has a problem with it because he doesn’t feel like he’s getting enough of his share.
Ken Griffin complaining about self-enrichment in the Trump White House is like the fox pointing out that the hens are getting too comfortable. The whole system is rigged for billionaires to cash in, no matter who’s in power. It’s not about politics it’s about making money off the system. Period.
Ken, you and all your Wall Street friends helped make this happen. It is true Trump is enriching himself. Cry me a river.
Just imagine a world where a democratic president would be doing that…
that’s rich coming from one of the architects of the economic crisis who gave the republicans at least $108,402,284 in 2024.
Signaling he wants in on the corruption. No way Ken Griffin grew a conscience.
>Griffin added that most chief executives he was friends with “find it incredibly distasteful” when the “US government starts to engage in corporate America in a way that tastes of favouritism”.
>“Most CEOs just don’t want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in running their business,” he said.
Translation:
*Ahh, c’mon thats not fair Don Jr. gets all the good deals!*
Then goes on to say:
>The billionaire also suggested he might run for office himself, and said: “In a future point in my life I would like to be involved in public service.”
Translation: So I can rig it for myself and not have to share.
No shit
Says the guy who’s in the Epstein files talking about naked shorting (an illegal trading practice) in order to make himself richer.
So this is a little more drip drip drip open Trump criticism which helps Republicans and MAGA be less afraid to scrutinize and call out Trump, which cleaves away support, that’s good.
Griffin of course is incredibly rich and helped create the Frankenstein Trump monster which no one is now able to control, but if supporters collectively start to sour on Trump it’ll create the tsunami needed to wash him away.
Problem is it’ll likely be Vance they’ll turn to as good enough to fill the power void. And he’s as easy to manipulate and will surely continue the terrible self destructive current policies Trump already set down.
And the Trumps and Kushner will continue to get away with extreme corruption.
isnt that guy is the one involved with the whole GME thing and his firm was almost destroyed by a bunch of redditors? lmao. I didnt know much about it but i watch bits and piece of video from folding ideas on youtube
~~Accuses~~ Observes
The amount of times I’ve said “no shit” to these type of articles lmao like yes who would have thought the man selling hats, shoes, bibles, watches, and digital trading cards would be in it for himself
Kenneth „bedpost“ Griffin? I plan on taking all his money, Legally. He made a bad bet in the stock market, and his SEC friends have been protecting him for 5 years. Times almost up Cordell.
You don’t say
Welcome to the club Ken, been a decade, but here you are.
Is he mad he was left out?
That has literally been the only thing hes doing. Tearing down any authority force or regulation that would go after him, while openly peddling gold bibles, trump guitars, melania coins on his absolute idiot followers.
The president is the biggest crook in presidential history, put the cherry on top. He’s a pedo, and he’s trying to steal our democracy.
And what is anyone going to do about it?
NOTHING.
America is weak sauce. Land of the complacent and manipulated.
Ken Griffin is also a financial terrorist, but he’s right in this instance.
This is rich from a guy who naked shorts the market.
Also, Ken Griffin Lied Under Oath To Congress!!!
Yeah. The donold/epstein files are baaaad. Even ken fucking griffin is distancing himself from trump. The only way he knows how is money but ill take it. Fuck them both as far as im concerned
r/NoShitSherlock