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Griffin Warns Trump: Keep Fed Independence Intact

12/18/2025

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Summary

Story summary

Citadel CEO Ken Griffin urged President Donald Trump to maintain "distance" between the White House and the Federal Reserve when selecting a new chair.
Griffin expressed concerns in Paris that Trump's potential pick, Kevin Hassett, might compromise the Fed's independence due to his close ties with the administration.
Jamie Dimon, CEO of JPMorgan Chase, recommended former Fed Governor Kevin Warsh as a more suitable candidate.
Griffin highlighted the need to reassure global markets about effective inflation management.

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Story summary

Citadel CEO Ken Griffin urged President Donald Trump to maintain "distance" between the White House and the Federal Reserve when selecting a new chair.
Griffin expressed concerns in Paris that Trump's potential pick, Kevin Hassett, might compromise the Fed's independence due to his close ties with the administration.
Jamie Dimon, CEO of JPMorgan Chase, recommended former Fed Governor Kevin Warsh as a more suitable candidate.
Griffin highlighted the need to reassure global markets about effective inflation management.