Citadel CEO Ken Griffin to Trump: Don't mess with the Fed

Core Viewpoint - Citadel CEO Ken Griffin warns President Trump against interfering with the Federal Reserve, arguing that such actions could lead to increased inflation and undermine economic stability [1][2][3] Group 1: Griffin's Concerns - Griffin emphasizes that Trump's public criticism of the Fed and pressure for lower interest rates could raise inflation expectations and weaken investor confidence in U.S. institutions [3] - He describes Trump's strategy as a "risky" game, particularly highlighting the recent firing of the head of the Bureau of Labor Statistics and attempts to remove Fed Governor Lisa Cook [3] Group 2: White House Response - A White House official contends that Trump's policies have resulted in lower inflation rates compared to the Biden administration, asserting that the Fed should respond by cutting rates to support economic growth [4] - Other Trump administration officials argue that Trump is merely expressing his opinions on monetary policy, similar to actions taken by President Biden [6] Group 3: Business Community Reaction - Griffin's op-ed represents a significant departure from the general silence of the U.S. business community regarding Trump's approach to the Fed, with the U.S. Chamber of Commerce previously defending the central bank [5]