Jewish advocacy groups slammed President Donald Trump for using an anti-Semitic descriptor on Thursday during his Iowa speech celebrating the passage of his spending bill. Trump used the term "Shylocks," which evokes a centuries-old antisemitic trope about Jewish people and greed, to talk about the tax changes in the bill.

The president made the remark at a rally launching his yearlong celebration of America’s 250th birthday. He said he '"heard" it was antisemitic.