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GOP Donor Says Trump Made U.S. 20% Poorer

April 24, 2025 · 11:45 am ET · Leave a Comment

Republican megadonor Ken Griffin said the United states “is 20% poorer” than it was just a month ago because of President Trump’s economic policies.

Said Griffin: “In the financial markets, no brand compared to the brand of the U.S. Treasuries—the strength of the U.S. dollar, the creditworthiness of U.S. Treasuries. No brand came close. We put that brand at risk. It can take a very long time to remove the tarnish on a brand.”

He added: “It can be a lifetime to repair the damage that has been done.”

Economy

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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