Trump's presidency helped his family's financial gains: Wall Street exec
Ken Griffin, CEO of Citadel and a big name on Wall Street, just called out the Trump administration for making choices as president that seemed to help the families of government officials—especially when it came to crypto policies and business deals.
At a recent conference, Griffin wondered if these moves really served the public, while separate reporting has found that Trump's sons gained financially during their dad's time in office.
Griffin's mixed feelings
Griffin didn't stop there; he criticized how CEOs have to cozy up to whichever party is in power just to keep their businesses running, calling the whole thing "incredibly distasteful."
Still, he did praise Trump's pick for Federal Reserve chair as a good move for keeping things independent.
Even though Griffin is a major Republican donor (he gave millions in 2024), he didn't back Trump's campaign—though he did chip in $1 million for the inauguration.
Citadel keeps going strong
The White House pushed back on Griffin's claims. Spokesperson Kush Desai said their decisions are about what's best for Americans, pointing to strong stock markets and rising wages as proof.
Meanwhile, Citadel continues doing its thing.