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Fortune
Fortune
Will Daniel

Citadel CEO Ken Griffin bashes Bidenomics as debt-reliant, inflationary policies: ‘The American public knows things aren’t working in this economy for them’

(Credit: Photographer: Saul Martinez/Bloomberg via Getty Images)

President Biden has been touting his economic record in the buildup to the 2024 presidential election, taking a term used to denigrate his economic policies by more conservative columnists—Bidenomics—and turning it into a slogan that may end up defining his campaign.

But Ken Griffin, the billionaire founder of the hedge fund and financial services giant Citadel, isn’t buying the Bidenomics campaign strategy. “I mean, whoever told him to run on Bidenomics has no idea how to read an economics textbook,” the Wall Street titan told Bloomberg at the Global Macro Conference in Miami Tuesday.

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