NEED TO KNOW<\/h3>\n\n\n- President Donald Trump used an antisemitic slur while promoting his \u201cBig, Beautiful” Bill<\/li>\n
- He later denied knowing what the term \u201cshylocks\u201d meant<\/li>\n
- Jewish leaders denounced his words, calling his statement \u201cdeeply dangerous\u201d<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
President\u00a0Donald Trump<\/a>\u00a0is facing backlash after he used an antisemitic slur to describe Jewish bankers while promoting his \u201cBig, Beautiful” Bill.<\/p>\n<\/div>\nWhile speaking in Des Moines, Iowa, on Thursday, July 3, leading up to next year’s 250th anniversary of the Declaration of Independence, the 79-year-old politician used a choice word as he addressed the crowd.<\/p>\n
<\/div>\n“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,” Trump said. “They destroyed a lot of families, but we did the opposite.”<\/p>\n
<\/div>\n\n\n![\"Donald](\"https:\/\/people.com\/thmb\/NTPdTF-lSooKxRHdSxZcJBDXw9c=\/4000x0\/filters:no_upscale():max_bytes(150000):strip_icc():focal(734x230:736x232):format(webp)\/donald-trump-Iowa-State-Fairgrounds-2025-2-070425-49555c5877a34f509f9e312e08afd711.jpg\")
<\/div>\n<\/div>President Donald Trump speaks at a rally in Des Moines, Iowa.<\/span>Scott Olson\/Getty<\/p>\n<\/figcaption><\/figure>\nShylock is a fictional Jewish moneylender and principal villain in William Shakespeare’s play The Merchant of Venice, which was believed to have been written between 1596 and 1598.<\/p>\n
\n\n<\/div>\n<\/div>\n<\/div>\nShortly after, Jewish leaders publicly condemned the antisemitic slur.<\/p>\n
<\/div>\n\u201cShylock is among the most quintessential antisemitic stereotypes. This is not an accident. It follows years in which Trump has normalized antisemitic tropes and conspiracy theories \u2014 and it\u2019s deeply dangerous,\u201d\u00a0Amy Spitalnick<\/a>, the CEO of the Jewish Council for Public Affairs,\u00a0tweeted<\/a>\u00a0on Thursday.<\/p>\n<\/div>\nHer message also included a video of Trump making the remark before a crowd of his supporters.<\/p>\n
<\/div>\n\n\n![\"U.S.](\"https:\/\/people.com\/thmb\/P13OvlkJWCwFoBK0IpOJa9Y0kXE=\/4000x0\/filters:no_upscale():max_bytes(150000):strip_icc():focal(986x183:988x185):format(webp)\/president-donald-trump-main-033125-5875db75918d4d92b8c319d1e26298bc.jpg\")
<\/div>\n<\/div>U.S. President Donald Trump talks to reporters in the Oval Office at the White House on January 30, 2025 in Washington, DC.<\/span>Chip Somodevilla\/Getty<\/p>\n<\/figcaption><\/figure>\nThe Anti-Defamation League also spoke out against his comment.<\/p>\n
<\/div>\n“The term ‘Shylock’ evokes a centuries-old antisemitic trope about Jews and greed that is extremely offensive and dangerous. President Trump’s use of the term is very troubling and irresponsible,\u201d the organization said.<\/p>\n
<\/div>\n\u201cIt underscores how lies and conspiracies about Jews remain deeply entrenched in our country. Words from our leaders matter and we expe<\/p>\n
Trump later denied knowing the meaning of the word.<\/p>\n
<\/div>\n\u201cI\u2019ve never heard it that way. To me, Shylock is somebody that\u2019s a money lender at high rates,\u201d Trump told reporters after getting off Air Force One,\u00a0CNN<\/a>\u00a0reported Friday, July 4. \u201cI\u2019ve never heard it that way, you view it differently than me. I\u2019ve never heard that.\u201d<\/p>\n<\/div>\nFollowing his antisemitic slur, Trump went on to\u00a0sign the \u201cBig, Beautiful” Bill into law<\/a>.<\/p>\n<\/div>\n\n\n![\"U.S.](\"https:\/\/people.com\/thmb\/Il0u0N8hHOIQx5VoHdtc3hJpxtY=\/4000x0\/filters:no_upscale():max_bytes(150000):strip_icc():focal(1038x521:1040x523):format(webp)\/donald-trump-070225-9ca6ebcbfc6b485b80f22643e5f8b4c8.jpg\")
<\/div>\n<\/div>President Donald Trump.<\/span>Omar Havana\/Getty<\/p>\n<\/figcaption><\/figure>\nIt will introduce significant cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP) by implementing more requirements on possible beneficiaries.<\/p>\n
<\/div>\nIt will also prioritize funding for deportation and border efforts; diminishes green energy tax incentives and increases the national deficit by $3.8 trillion.<\/p>\n
<\/div>\nNever miss a story \u2014 sign up for\u00a0PEOPLE’s free daily newsletter<\/a>\u00a0to stay up-to-date on the best of what PEOPLE has to offer\u200b\u200b, from celebrity news to compelling human interest stories.<\/strong><\/p>\n<\/div>\nIn early June, Georgia Rep.\u00a0Marjorie Taylor Greene<\/a>\u00a0said she regretted supporting the bill without reading it.<\/p>\n
- \n
- President Donald Trump used an antisemitic slur while promoting his \u201cBig, Beautiful” Bill<\/li>\n
- He later denied knowing what the term \u201cshylocks\u201d meant<\/li>\n
- Jewish leaders denounced his words, calling his statement \u201cdeeply dangerous\u201d<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
President\u00a0Donald Trump<\/a>\u00a0is facing backlash after he used an antisemitic slur to describe Jewish bankers while promoting his \u201cBig, Beautiful” Bill.<\/p>\n
<\/div>\nWhile speaking in Des Moines, Iowa, on Thursday, July 3, leading up to next year’s 250th anniversary of the Declaration of Independence, the 79-year-old politician used a choice word as he addressed the crowd.<\/p>\n
<\/div>\n“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,” Trump said. “They destroyed a lot of families, but we did the opposite.”<\/p>\n
<\/div>\n\n \n<\/div>\n<\/div>President Donald Trump speaks at a rally in Des Moines, Iowa.<\/span>Scott Olson\/Getty<\/p>\n<\/figcaption><\/figure>\n Shylock is a fictional Jewish moneylender and principal villain in William Shakespeare’s play The Merchant of Venice, which was believed to have been written between 1596 and 1598.<\/p>\n
\n\n<\/div>\n<\/div>\n<\/div>\nShortly after, Jewish leaders publicly condemned the antisemitic slur.<\/p>\n
<\/div>\n\u201cShylock is among the most quintessential antisemitic stereotypes. This is not an accident. It follows years in which Trump has normalized antisemitic tropes and conspiracy theories \u2014 and it\u2019s deeply dangerous,\u201d\u00a0Amy Spitalnick<\/a>, the CEO of the Jewish Council for Public Affairs,\u00a0tweeted<\/a>\u00a0on Thursday.<\/p>\n
<\/div>\nHer message also included a video of Trump making the remark before a crowd of his supporters.<\/p>\n
<\/div>\n\n \n<\/div>\n<\/div>U.S. President Donald Trump talks to reporters in the Oval Office at the White House on January 30, 2025 in Washington, DC.<\/span>Chip Somodevilla\/Getty<\/p>\n<\/figcaption><\/figure>\n The Anti-Defamation League also spoke out against his comment.<\/p>\n
<\/div>\n“The term ‘Shylock’ evokes a centuries-old antisemitic trope about Jews and greed that is extremely offensive and dangerous. President Trump’s use of the term is very troubling and irresponsible,\u201d the organization said.<\/p>\n
<\/div>\n\u201cIt underscores how lies and conspiracies about Jews remain deeply entrenched in our country. Words from our leaders matter and we expe<\/p>\n
Trump later denied knowing the meaning of the word.<\/p>\n
<\/div>\n\u201cI\u2019ve never heard it that way. To me, Shylock is somebody that\u2019s a money lender at high rates,\u201d Trump told reporters after getting off Air Force One,\u00a0CNN<\/a>\u00a0reported Friday, July 4. \u201cI\u2019ve never heard it that way, you view it differently than me. I\u2019ve never heard that.\u201d<\/p>\n
<\/div>\nFollowing his antisemitic slur, Trump went on to\u00a0sign the \u201cBig, Beautiful” Bill into law<\/a>.<\/p>\n
<\/div>\n\n \n<\/div>\n<\/div>President Donald Trump.<\/span>Omar Havana\/Getty<\/p>\n<\/figcaption><\/figure>\n It will introduce significant cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP) by implementing more requirements on possible beneficiaries.<\/p>\n
<\/div>\nIt will also prioritize funding for deportation and border efforts; diminishes green energy tax incentives and increases the national deficit by $3.8 trillion.<\/p>\n
<\/div>\nNever miss a story \u2014 sign up for\u00a0PEOPLE’s free daily newsletter<\/a>\u00a0to stay up-to-date on the best of what PEOPLE has to offer\u200b\u200b, from celebrity news to compelling human interest stories.<\/strong><\/p>\n
<\/div>\nIn early June, Georgia Rep.\u00a0Marjorie Taylor Greene<\/a>\u00a0said she regretted supporting the bill without reading it.<\/p>\n