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The Guardian - US
The Guardian - US
World
David Smith in Washington

Trump is ‘remarkably like’ 1930s far-right regimes, billionaire investor warns

Ray Dalio Donald Trump Andrew Jackson Franklin D Roosevelt
man in suit speaks with hands gestured
Ray Dalio speaks in Beijing, China, in 2019. Photograph: Ng Han Guan/AP

Donald Trump wants to “dictate” policies like those of far-right regimes in the 1930s, a leading billionaire investor has warned.

Ray Dalio writes in a new book that the US president is acting like a chief executive without a board as he seeks to expand executive power even more aggressively than predecessors Andrew Jackson and Franklin D Roosevelt.

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