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Citadel CEO Warns Trump: Fed Independence Crucial for Economy

9/8/2025

Summary

Story summary

Ken Griffin, CEO of Citadel, cautions President Trump against pressuring the Federal Reserve, warning of inflation risks.
In an op-ed with Anil Kashyap, he stresses the importance of Fed independence for economic stability.
Trump's criticism of Fed officials may undermine investor confidence and economic credibility.
Griffin notes that diminished credibility could raise borrowing costs for the government and homebuyers.
The op-ed represents a rare public critique from a CEO amid widespread silence from business leaders.

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Story summary

Ken Griffin, CEO of Citadel, cautions President Trump against pressuring the Federal Reserve, warning of inflation risks.
In an op-ed with Anil Kashyap, he stresses the importance of Fed independence for economic stability.
Trump's criticism of Fed officials may undermine investor confidence and economic credibility.
Griffin notes that diminished credibility could raise borrowing costs for the government and homebuyers.
The op-ed represents a rare public critique from a CEO amid widespread silence from business leaders.