Ken Griffin says Biden-era regulations ‘exhausting’ on American businesses, ‘cost the US economy dearly’

Citadel CEO Ken Griffin sounded off on the impact of the Biden administration’s regulatory policies on the U.S. economy, saying that the Trump administration’s move to end the “regulatory onslaught” has been a relief to entrepreneurs wanting to grow their businesses. The billionaire co-founder of Citadel spoke at the World Economic Forum on Wednesday and said the Biden administration’s heavy-handed approach to regulation created constant friction for businesses like his firm.

“You cannot imagine how painful it was each and every day under the Biden administration to look at what new crazy proposal was being put into place to solve a problem that didn’t even exist,” he said. “Our constant friction at Citadel, with the government across umpteen different aspects of our business, was exhausti