Larry Fink, chief executive of BlackRock, the world’s largest asset
manager, said Wednesday that the Trump administration’s barrage of
policy changes is paralyzing American consumers and businesses —
and that’s already hurting the economy.
“The collective impact in the short run is that people are pausing,
they’re pulling back,” Fink told CNN’s Kayla Tausche in an
exclusive interview. “Talking to CEOs throughout the economy, I
hear that the economy is weakening as we speak.”
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Larry Fink, chief executive of
Posted by Glad on 13th of Mar 2025 at 03:42 pm
Larry Fink, chief executive of BlackRock, the world’s largest asset manager, said Wednesday that the Trump administration’s barrage of policy changes is paralyzing American consumers and businesses — and that’s already hurting the economy.
“The collective impact in the short run is that people are pausing, they’re pulling back,” Fink told CNN’s Kayla Tausche in an exclusive interview. “Talking to CEOs throughout the economy, I hear that the economy is weakening as we speak.”