KEN GRIFFIN: You cannot imagine how painful it was each and every day, under the Biden administration, to look at what new crazy proposal is being put into place to solve a problem that didn’t even exist.
I mean, our constant friction at Citadel with the government across umpteen different aspects of our business was exhausting. And to have that literally end on one day, election day, just gives you so much energy as an executive in order to go back and build your damn business. So the biggest sea change I’ve seen across American executives has been just like the giant sigh of relief.
I can now go and focus on building my business. That prior administration — we happen to be a creditor of Spirit. Their merger with JetBlue was stopped. Spirit’s in bankruptcy today. There were so many decisions that were so poorly thought out in terms of economic consequences. It cost the US economy dearly. I cannot emphasize it enough.
And so the Trump administration is making slow progress on deregulation thus far. But the end of the regulatory onslaught has been just an extraordinary boom for American business.
