President Donald Trump claimed Friday morning that he was unaware of the anti-Semitic implications of the term "Shylock" after using the word during a Thursday rally in Des Moines, Iowa, to describe predatory lenders while celebrating passage of his "Big Beautiful Bill." The comment drew immediate condemnation from Jewish advocacy groups who characterized it as a dangerous perpetuation of centuries-old anti-Semitic stereotypes, with the Anti-Defamation League calling Trump's use of the term "extremely offensive and dangerous," as the president defended his remarks by stating, "I've never heard it that way."