After facing criticism, President Donald Trump said he was unaware that the term “Shylock” was widely considered antisemitic when he used it to describe unscrupulous bankers during a rally Thursday in Iowa.

President Donald Trump has spoken out after sparking criticism for using a term widely considered to be antisemitic during a speech. Addressing a crowd in Iowa on Thursday, Trump used the term “Shylock” when discussing his now-signed “ Big, Beautiful Bill. ”