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Larry Kudlow

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politics1 year ago

Trump Considers Fox Business Host for Economic Team Amid Kudlow's Decision

President-elect Donald Trump is reportedly close to naming a Treasury secretary, with Scott Bessent emerging as a top candidate after Larry Kudlow withdrew from consideration. Kudlow, a Fox Business host and former director of the National Economic Council, opted to remain in his current role. The race for the Treasury position has intensified between Bessent and Cantor Fitzgerald CEO Howard Lutnick, while other potential candidates like Robert Lighthizer and Marc Rowan are also being considered for top economic roles in Trump's administration.

via New York Post |
#cabinet-appointments#larry-kudlow#politics
financeeconomy1 year ago

"Assessing Powell's Impact: Market Reactions and Goldman Sachs Takeaways"

Larry Kudlow discusses the ambiguity surrounding Fed Chair Jay Powell's recent performance and its impact on the stock market. He emphasizes the importance of maintaining the 2% inflation target and cautions against aggressive monetary policies due to rising price-level indicators and personal borrowing costs. Kudlow also highlights former Treasury Secretary Larry Summers' reconstruction of the CPI, revealing higher inflation rates than the official figures. Ultimately, Kudlow supports Powell's cautious approach in light of economic challenges and warns that the economic situation is more complex than official statistics suggest.

via Fox Business|
#federal-reserve#financeeconomy#inflation
politics1 year ago

"Trump's Desperate Bid for $464 Million Bond Sparks Controversy and Backlash"

Fox Business host Larry Kudlow asked Shark Tank's Kevin O'Leary to loan Donald Trump $464 million for his New York bank fraud case, claiming it would "protect America's name." O'Leary ignored the plea, emphasizing the need for due process and Supreme Court intervention. Trump's lawyers revealed they were unable to find a corporate underwriter for the bond, and Kudlow is not the only Fox host seeking wealthy conservatives to help cover Trump's bond, with Mark Levin also expressing frustration.

via The Daily Beast|
#donald-trump#fox-news#kevin-oleary
politics1 year ago

Trump's Economic Adviser Stuns Fox News Host with Biden Economy Revelation

Former Trump economic adviser Larry Kudlow surprised Fox News by acknowledging that the US economy under President Biden isn't as bad as he previously claimed, citing a 3.3% GDP growth in the fourth quarter of 2023. While Kudlow begrudgingly gave credit to Biden, he also attributed the growth to government spending and noted that high inflation may be hindering Biden's polling boost despite the positive economic news.

via HuffPost|
#donald-trump#fox-news#joe-biden
opinion2 years ago

Biden's Manufacturing Emphasis Baffles Experts, Slows Democratic Acceptance of 'Bidenomics'

Larry Kudlow criticizes Joe Biden's economic policies, stating that Biden is incapable of telling the truth about the poor state of the American economy. Kudlow argues that Biden's emphasis on manufacturing is baffling, as the numbers show a manufacturing recession. He also highlights the high inflation under Bidenomics and the decline in real wages. Kudlow concludes that the lack of confidence in Bidenomics is reflected in the stock market's reaction to the ADP private sector jobs report.

via Fox Business|
#economy#inflation#joe-biden
politics2 years ago

Disney and DeSantis Feud Escalates Amid Concerns Over Optics and Power Grab.

Fox Business host Larry Kudlow criticized Florida Governor Ron DeSantis for his ongoing feud with Disney, warning that he is "close to making a fool of himself with his Walt Disney obsession." Kudlow and radio host Mark Simone suggested that DeSantis has been outmaneuvered by Disney and should make a deal. Fellow conservative Chris Christie also criticized DeSantis's actions towards Disney, saying that it is not the job of government to interfere with business.

via Yahoo News|
#conservative#disney#feud