Overview

• Griffin revealed at the Forbes Iconoclast Summit that Citadel has halved its 2025 U.S. growth forecast because of the administration’s tariff agenda.
• He warned that the pending tax bill will add several trillion dollars to the federal deficit and compared U.S. default risk to that of Italy and Greece.
• The Citadel CEO criticized efforts to reshore low-value manufacturing jobs and called instead for onshoring high-technology, high-value industries.
• He defended executives like Walmart’s Doug McMillon for candidly warning about higher consumer prices and faulted the White House for publicly chastising honest CEOs.
• Griffin stressed the need for Washington to restore policy certainty and fiscal discipline to sustain long-term American economic vitality.