President Donald Trump said early Friday that he
“I’ve never heard it that way. To me, Shylock is somebody that’s a money lender at high rates,” Trump told reporters after getting off Air Force One. “I’ve never heard it that way, you view it differently than me. I’ve never heard that.”
Trump was arriving back in Washington after an event in Iowa marking the kick-off to nationwide celebrations marking the country’s 250th anniversary next year.
In his speech, he used the word when touting aspects of the major domestic policy bill that had been approved by Congress a few hours earlier.
“Think of that: no death tax, no estate tax, no going to the banks and borrowings from in some cases a fine banker. And in some cases, Shylocks and bad people,” he said during his event in Des Moines. “They took away a lot of, a lot of family. They destroyed a lot of families, but we did the opposite.”
The name “Shylock” derives from the name of the antagonist in William Shakespeare’s “The Merchant of Venice.” Shylock, a Jew, was a ruthless moneylender in the play, and he’s remembered for demanding a “pound of flesh” from the merchant Antonio if he failed to repay a loan.