Two of Wall Street's biggest names are sounding the alarm on the US economy

BOSTON (April 7): Two of Wall Street’s most influential CEOs -- Larry Fink and Jamie Dimon -- are raising warning flags over the nation’s economy.

BlackRock Inc.’s Fink said Thursday that US growth is slowing on concern whether the Trump administration’s agenda will get through Congress. Dimon lamented that “it is clear that something is wrong” with the nation in a letter to investors Tuesday. Both CEOs are part of a group of business leaders that advise President Donald Trump.

Fink expressed chagrin over the pace of changes so far under the new administration. He told CNBC the US economy is slowing as both consumers and businesses wait to see if the new administration can deliver on tax reform and deregulation following the failure of the health-care bill in March.

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