'Destroying confidence in our country': Trump-backing billionaires in full tariff revolt

Donald Trump was waking up Monday to news that some of his most prominent backers on Wall Street are joining forces to attack him over his tariff policies, with one saying he has put the country on a path to a "self-induced, economic nuclear winter.”

In interviews with the Wall Street Journal and CNBC, and on social media, hedge fund manager Bill Ackman, a very vocal and prominent hedge fund manager who became one of the president's biggest boosters in the run-up to the 2024 election, railed at the man he once championed.