“The United States was more than just a nation. It’s a brand, it’s a universal brand, whether it’s our culture, our financial strength, our military strength. America rose beyond just being a country. It was like an inspiration for most of the world. And we’re eroding that brand right now.
“In the financial markets, no brand compared to the brand of the U.S. treasuries, the U.S. treasury market, the strength of the U.S. dollar and the credit worthiness of U.S. treasuries. No brand came close. We put that brand at risk.
“The president and the secretary of treasury and the secretary of commerce need to be very thoughtful that when you have a brand, you need to behave in a way that respects that brand, that strengthens that brand.
“Because when you tarnish that brand it can be a lifetime to repair the damage that has been done.” – Billionaire hedge fund oligarch and GOP megadonor Ken Griffin, speaking at the Semafor World Economy Summit.
The US was “an aspiration for most of the world. And we’re eroding that brand right now,” Citadel CEO Ken Griffin tells @GinaChon.
The president, Treasury secretary, and Commerce secretary “need to be very thoughtful … because when you tarnish that brand, it can be a lifetime… pic.twitter.com/GlxhN7r2R9
— Semafor (@semafor) April 23, 2025