Ken Griffin supports Trump with $1M inauguration donation despite opposition to tariffs

From Nasdaq: 2024-12-19 13:54:32

Ken Griffin, founder of Citadel, pledges $1 million for Trump’s inauguration fund, adding to his previous contributions to both Trump and Biden. Despite opposing Trump’s tariffs, Griffin is optimistic about regulatory changes and maintaining a constructive relationship with the incoming administration. He donated over $100 million to pro-Republican PACs this election cycle.

Griffin’s involvement highlights the influence of billionaires in U.S. politics, as corporate donors seek to shape policy outcomes and navigate the changing regulatory landscape under Trump. His strategic engagement with political administrations underscores the complex interplay between business leaders and political dynamics, especially as Trump’s second term begins.

Looking ahead, Trump’s economic policies, including tariffs, will impact corporate strategies and market sentiment in 2025. Griffin’s stance offers insight into how key stakeholders may navigate these changes to balance opportunities and challenges. The role of influential donors like Griffin will continue to shape political and economic landscapes in the coming years.



Read more at Nasdaq: Citadel’s Ken Griffin opposes tariffs but backs Trump with inaugural $1M donation