This DealBook Summit interview podcast features Andrew Ross Sorkin interviewing Ken Griffin, CEO of Citadel, a prominent hedge fund. The conversation begins with Griffin's perspective on the recent Republican election victory and his previous reservations about the President-elect, ultimately revealing he voted for him due to policy preferences. A significant portion discusses the impact of the new administration on the economy, with Griffin emphasizing the reduction of regulatory burdens as a primary positive, while acknowledging uncertainties around tariffs and the President's rhetoric. Griffin also shares his views on Elon Musk's role in the administration and the independence of the Federal Reserve, expressing concern about crony capitalism. Finally, the discussion touches upon the investing landscape, the rise of passive investing, and Griffin's perspective on cryptocurrencies, highlighting his uncertainty about its long-term value and the problem it solves for the economy.
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