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Hedge-fund heavyweight Ken Griffin fears Trump knocks on Fed eroding faith in dollar
Those are the thoughts of Ken Griffin, the founder of Chicago-based Citadel Investment Group, regarding President Donald Trump’s persistent criticism of Federal Reserve Chairman Jerome Powell. During the Global Financial Leadership Conference in Naples, Fla., on Tuesday, Griffin said it was inappropriate for the president to challenge the monetary-policy path of the Fed chief as Trump has done. The 45th U.S. president has delivered a fusillade of verbal attacks against Powell, whom Trump tapped to replace Janet Yellen. In an October interview with the Wall Street Journal, Trump acknowledged the Fed’s independence ... (full story)
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