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- Trump criticized for using antisemitic 'Shylock' to describe bankers</p>
<p>July 4, 2025 at 9:14 PM</p>
<p>WASHINGTON (Reuters) -U.S. President Donald Trump drew criticism for using the antisemitic term "Shylock" to describe some bankers during remarks on his signature tax-cut and spending legislation that just passed Congress.</p>
<p>"Think of that: No death tax. No estate tax. No going to the banks and borrowing from, in some cases, a fine banker - and in some cases, Shylocks and bad people," he said during remarks in Iowa late on Thursday.</p>
<p>Shylock is an unscrupulous Jewish money lender in Shakespeare's 16th century play "The Merchant of Venice" and the term, shorthand for loan shark, has long been considered offensive.</p>
<p>"The term 'Shylock' evokes a centuries-old antisemitic trope about Jews and greed that is extremely offensive and dangerous," the Anti-Defamation League said in a statement. "President Trump's use of the term is very troubling and irresponsible."</p>
<p>U.S. Representative Dan Goldman of New York, a Jewish Democrat, said, "This is blatant and vile antisemitism, and Trump knows exactly what he's doing."</p>
<p>Asked about his use of the term on his return to Washington, Trump said he did not know its connotations.</p>
<p>"No, I've never heard it that way. To be Shylock is somebody that, say, a money lender at high rates," he told reporters on Air Force One. "I've never heard it that way. You view it differently than me. I've never heard that."</p>
<p>(Reporting by Doina Chiacu and Trevor Hunnicutt; Editing by Daniel Wallis)</p>
Source: AOL Politics
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