Key Takeaways
- • Billionaire Ken Griffin said Republicans in Congress and President Donald Trump made a mistake by cutting taxes even further last year, according to Bloomberg.
- • Griffin said “We didn’t have the fiscal space to renew the tax cuts,” citing US debt that has eclipsed $40 trillion.
- • Griffin said Republicans “have their hands dirty over the tax cuts the last two years.”
Summary
Billionaire Ken Griffin said Republicans in Congress and President Donald Trump made a mistake by cutting taxes even further last year, according to a Bloomberg report dated October 20, 2026. Griffin made the remarks Tuesday in a wide-ranging interview at the Future of Global Markets Conference in New York.
Griffin's central argument was fiscal. With US debt having eclipsed $40 trillion, he said Washington lacked the room to renew the tax cuts. Bloomberg quoted him saying Republicans “have their hands dirty over the tax cuts the last two years.”
Griffin's central argument was fiscal. With US debt having eclipsed $40 trillion, he said Washington lacked the room to renew the tax cuts. Bloomberg quoted him saying Republicans “have their hands dirty over the tax cuts the last two years.”
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