Billionaire Trump Donor Admits Trump Is Destroying American Brand

A billionaire Republican megadonor said during a recent summit that the damage that Donald Trump has already done to the “American brand” could take a lifetime to fix. And that was said BEFORE Trump even hit his hundred-day mark. But the billionaire, Ken Griffin, is getting everything that he’s ever supported with years of donations to both Donald Trump and the Republican Party, he just never cared because he was getting rich off of it. Ring of Fire’s Farron Cousins discusses this.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Billionaire Republican donor and on again off again, Trump supporter Ken Griffin, the CEO of Citadel, the hedge fund group recently said during a SEMA four World Economic summit that Donald Trump has caused so much damage to what he calls the American brand, that it could take a lifetime to fix this damage. Now, before I read you his words exactly, let me point out that this was said before, Trump's 100th day in office. In fact, it was said a week before. So on Trump's 93rd day in office, right? Three month mark, essentially Ken Griffin, who has supported Republicans for years with millions and millions of dollars 93 days in, he says the damage will take a lifetime to undo. That is quite a statement. But here's what happened. Griffin was asked quote, the markets are obviously not liking what they're hearing. Treasuries in particular have seen a lot of volatility and worries about dysfunction in the market.

What is that doing to the American brand? And Griffin responded, you actually picked exactly the right word. The American brand, right? The United States was more than just a nation. It's a brand, it's a universal brand. Whether it's our culture or financial strength or military strength. America rose beyond just being 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 US Treasuries, the US treasury market, the strength of the US dollar and the credit worthiness of US 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 the brand, that strengthens the brand. Because when you tarnish that brand, it can be a lifetime to repair the damage that has been done.

It's not a brand, this is not a company, this is not a business. It is a country with rules and laws and a constitution and governing bodies like his repeated use of the word brand made it so difficult to read that because my head wanted to explode. Because these people only think in terms of dollars and cents, right? It's a brand. It's a company. This's America. This's America Incorporated, right? Not a country, not a system of laws, not a people, a brand like off Ken Griffin. That's what I wanna say to you. But more importantly, what I wanna

Say to you, Ken Griffin, is you deserve every second of this. You a-hole. You did this to us all this turmoil, this chaos in the market that you're whining about, no, it's gonna take a lifetime to fix. You personally did this. You're not the only one who personally did it, but you're one of the top guys. You have given so much money to Republicans over the years and Trump has not done anything that other Republicans haven't already also said they would have at some point, even with some of the tariffs. But you didn't care back then because you were making a lot of money. You were getting your tax cuts, which is why you kept supporting these Republicans. They were deregulating, wall Street and hedge funds like what you run, and you love that. So you didn't have any kind of federal regulators looking over your shoulder every day to make sure you were on the level.