republican, cnbc's larry kudlow who joins us. thanks for joining us.n you hear that message from hillary clinton last night, the messaging at this convention aimed at republicans, specifically, which republican voters is she trying to reach? do you have a profile in mind? >> i was thinking, a, mike bloomberg. >> he was there. >> he was a republican at one point and gave a really vicious anti-trump speech. i myself, i know bloomy and like him very much. i think he was off his game, but i think a certain liberal republican from big cities might not like trump and might vote for hillary clinton. i think that's possible. but i think the bigger issue here is the crossover from what i call blue collar hard hat democrats, used to be reagan democrats, they're still out there. they still want pipelines and energy things built. they still want construction jobs. trump is their guy. and most of all, they want change. and although mr. trump says things that nobody always agrees with, including myself, he's the candidate of change. and they want, i think, to clean

joining us now barney frank and larry kudlow. larry, mr.t, you've been aninformal adviser to trump. >> yes. >> you actually introduced him today at his meeting with republican members. house. what are we supposed to call you here? sir trumpian helper outer? >> well, i'm not sure i understand your question. i've moderated a lot of republican congressional events down through the years. i was happy to do this and, look, i think the biggest thing here, this was a unity meeting. almost the entire house caucus, i bet they had close to 240 people, republican caucus, and the issue here was that the trump campaign, mr. trump, agrees with the house conference. i don't know, 90% of the time, and that was the topic of the discussion. i helped start it off, but it was a minor role, and it was a unity. i mean, i heard tremendous, tremendous momentum back towards the unity here with trump and the house republicans. >> yeah. well, you know, i know the tax plan has been one area in particular. >> yes. >> where you've been working with him, and is this with

. >>> and larry kudlow has bold plans in a federal reserve restructuring, the whole thing. he says janet yellin and everyone else should be thrown out. find out who he thinks should -- and it's not larry. he doesn't think himself should be at the helm here, but he has some ideas about who should be. coming up. >>> let's start with jpmorgan chase' earrings beat. kayla tausche is standing by on the floor of the stock exchange. >> the stock has been up close to 2% all day and it is really boding well for the rest of the banks as well, having a halo effect, not only on the other big money centers that still have to report, but also on visa, after positive data on credit card spending from the bank. that was just one data point among a slew of positive data about the consumer, which was very resilient this quarter. loan growth was strong, as rates are low, sfosts are up, and the banks are being slightly more cautious on credit. that was a very slight comment there. on the corporate side, not quite as rosy. lower fees, fewer mergers, and not as many ipos, despite the fact we had a

he is joined by larry kudlow, an informal adviser to the trump campaign. op strategist and ed rogers, a former adviser to mitt romney. >> guys, good to have you with us. ed, larry. >> good to be here. >> let's recap last night. those who say the party is being co-opted before our eyes. true or false? >> co-opted? i thought governor christie, his prosecutorial best, to be honest with you, with respect to mrs. clinton. i thought it was absolutely incredible. i thought rudy giuliani has been good in this thing. i thought the kids were very good last night. i mean, i'm hearing a message of pro growth. i'm hearing tax cuts, deregulation. i'm hearing redo obamacare. to me, this is traditional reagan, kemp, kkudlow, rogers, moore. i hope it's a pro growth message, and i hope they stay with it. >> is that what you are hearing when you hear chants of lock her up, references to satan. what's important to listen to. >> larry is the economic guy. that message is going to matter. people are going to vote their pocketbooks. the pro-growth message is still evolving. still

to me that's another one of these overrated issues. >> larry kudlow.p a pretty good house meeting for him. let me guess you didn't introduce him to the senate meeting, did you? >> i didn't. >> uh oh. all right. calling the trump tower. >> wished i had. >> there you go. >> always a pleasure. thank you. >>> still ahead. save the dates. fall debate schedule is now official. so is the format. will the candidates be able to keep conversations focused on the policy instead of petty politics. we'll be right back. hi, need help finding a dependable, used car? ya. you got it. just say show me millions of of used cars for sale at the all new carfax.com. i'm worried about things like frame damage. just say show me cars with no accidents reported. pretty cool. that's it. that's the power of carfax. find the cars you want, avoid the ones you don't, plus get a free carfax report with every listing. start your used car search at carfax.com. we've never celebrated our grill like this. for a short time, choose two or three grilled favorites on one plate - like chicken

former new jersey governor christine todd whitman and from cleveland, cnbc senior contributor larry kudlowup the governor for you, larry. she's got nothing after what we were saying off camera. kudlow, you made it, dude. you were on tv last night. i saw you. did you see yourself in the video? >> i just don't know how that happened. must have been the force of my policy recommendations. >> i would normally let the governor start, but since you were there, what did -- did you like the speech? because a lot of people are saying it's dark and not optimistic and not reagan-like. >> no. i thought -- look. i'll just give a quick overview before christine comes on. i thought it was an excellent speech. i have a thought on this. i'm now thinking what mr. trump is doing is he wants to revive america in all ways. i call him trump the revivalist. we wants to represent the middle class. he wants law and order, better safety, help the cops. and the filled in a lot of things. he rattled off the tax reduction that will help the middle class and business and get cash coming back into the usa. and lower reg

joining us cnbc senior contributor larry kudlow and faracha deia.ed with the "new york times," now with espn, nate silver, very famous statistician. i tell the audience all of that and i want to start with you, two competing headlines. the "new york times" put out an alert within the last hour. hillary clinton has a 76% chance of winning the presidency. that's a headline they would have gotten. that's the style they do simply because nate silver and 538 used to be with them. your 538 says clinton's lead is as safe as kerry's lead in 2004. that sounds a lot less optimistic. >> it is certainly less optimistic, but i will explain a little bit more of the context. significantly lower than "new york times," it's really about three to four percentage point lead still for clinton, but it's because her negatives have gone far up. after the non-indictment for benghazi and, you know. >> let me say i'm not a polling expert, however, the overnights for melania trump were fabulous last night. another one that's an outlier, nbc is running overnights in new york s

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our own larry kudlow introduced him at that meeting and said that he felt members were coming together, but in the second meeting in the senate, you saw jeff flake, senator from arizona, colleague of john mccain, the former vietnam prisoner of war stand up and say i'm the one who wasn't captured. i'm the senator who wasn't captured. he and donald trump had a sharp exchan he suggested that jeff flake may be in political trouble for distancing himself from him. flake reminded him he's not up for re-election this year and there's still some tension points and donald trump has work to do to pull the entire party behind him from leadership level to rank and file. >> it's going to keep being as interesting as it is has been all along. john, thanks so much. john harwood in washington. >> still ahead, just how rampant is age discrimination in tech-focused silicon valley? federal investigators now want to know. >>> eight u.s. airlines have been tentatively awarded flights to havana. they could start as early as this fall. the airlines named by the department of transportation are united, contin

larry kudlow, do you think that larry sabato has it right in describing the path to 270 for mr. wants to know in larry has it right in terms of the two paths that he has to beating hillary clinton? >> sorry about the sound. larry, great to see you. sill believe last night mike pence saved the republican party. and i think the ted cruz business. cruz gave a career-ending speech. i've never seen republicans that are getting up and screaming and booing the guy on the speaker stand, and it wasn't just a new york delegation, it was the entire floor. that could have been the doom of the gop right there. however, ten or 12 minutes later, mike pence stands up and gives a terrific speech. what you see is people starting to applaud. the applause grew louder, started jess at a timing with their hands and all of a sudden they're on their feet. the entire floor was on their feet cheering mike pence. he changed the whole part attitude right there. larry highlights this is actually now a state by state race. talk about the key states. can he swing florida? can he swing ohio? pennsylvania? i th

joining us is cnbc senior contributor larry kudlow, informal adviser to the trump campaign.me to the program. we should point out, of course, not only an informal adviser, you had a cameo role last night in the videotape that led up to trump taking the stage, which is an honor in itself, and we're lucky really to have your perspective on that. do you think he delivered, sir? >> oh, i think he gave a very good speech. for a bunch of reasons, simon. let me start at the top. this whole idea of representing the middle class, the forgotten middle class, is a big winner. i think he said it a bunch of times with much sincerity. i think that's a terrific winner. i don't think the other party is anywhere near on that point. he had a lot of economic growth, which is my area. he talked about tax cuts and deregulation and unleashing energy and getting the burden of obama care off. very strong economic growth section. and one last point, you know, the way i read it, watching it and then later on reading the copy, i'm going to call this trump american revivalism. he wants america to be gr

. >> i think they will have the opportunity, in next couple of weeks as larry kudlow, and steve moore package, and he gives his approval and making his tweaks. >> if you say tweeters on or -- >> he will do both tweaks and tweets, but, the key thing, if you have something positive to put out there it worked for kenley, and reagan, he has something to say, this brings money back, puts money to work, i hop we also goes after health care that is a right piece of fruit that just laying there. patient control healthcare how about that? lou: i would like to see intelligence minds create a commission and talk about it, with both parties engaged. and for once in the country history, recent history, think about that what has worked, to 1983. and some fellow named greenspan and commission on social security what work out in a person way, successes of social security, we're not watching that happen with trump it might. >> many 86 -- 1986, reforming tax code they did throw out a lot of tax shelters reduce tax rate 50 to 28 percent, and passed senate nich sense 97 to 3, can it be done again. >> the

lelts bring in cnbc contributor larry kudlow, what do you think, larry? >> don't hold your breath loretta lynch is going to reverse the fbi. having said that i thought john harwood's report is spot-on in every dimension. legally hillary is off the hook. i presume today she'll be on her knees praying to her higher power in gratification for this decision. because it will keep her campaign alive. however, as john noted, the politics here are very tricky. she's getting killed in issues like trustworthiness, and i don't think this is going to staunch that. maybe she'll find the bottom, maybe she won't. the odd thing to me, and i'm not a lawyer, is when you watch jim comey, and i'm a big fan of jim comey, no two ways about it, but it sounded like he was making a prosecutorial tape, said we're not going to make the case, a lot of people are interpreting this as gross negligence which would be a case for indictment. >> you know who brought that up? rudy giuliani, he was on last hour. >> yes. >> he said, comey worked for me and i am shocked by what he said becaus

he joins us now live from cleveland along with cnbc's senior contributor larry kudlow.. mayor giuliani, first to you, i mean, talk about fired up. if it wasn't for me lany, this would have been the talk of the day. was this, you know, were you taking a stand? was this more than just a speech? was it really meant to sort of change the rhetoric in this cou? >> no, no, no. i've given a speech like that or speeches like that quite a bit. i believe that for the last year and a half we've had an atmosphere in this country that's very anti-police. i think it starts at the top. i don't have to outline all the times that barack obama takes positions where he makes tremendous headlines over alleged police injustices, and some are, but the ones that then turn out to be justified like the people that are now being acquitted he says nothing about. it goes right down through his attorney general and down to that district attorney in baltimore who's a disgrace to district attorneys. to the people in these black lives matter demonstrations who yell "kill the police." all of that, all o

like larry kudlow, i was going to throw to larry.ahead, finish your thought and then we'll get to larry. >> go ahead. well, i was going to say, michelle, you know just as well as i do whenever you get a situation like this which is combustible, a lot of energy on both sides, a lot of heat on both sides, when you get the cameras and social media on top of that, it can be this sort of inflammatory moment. that's what everyone's going to be watching for here. hopefully everyone stays safe here in cleaver land. >> exactly. thanks. let's get to formal advisor to the trump campaign live from the republican convention. larry, good to see you. >> michelle, good to see you. i can't wait for you to get here, by the way. my saintly wife judy and i walked from the hotel to the convention center. it was lovely. it's a beautiful day. and we walked through the square and all i saw were kids holding signs that free market capitalism is the best path to prosperity. that's all i saw. >> i'm sure that's the dominant protest sign that you see there. >>

for more on how it plays out on the campaign trail, we're joined by larry kudlow and david mori. dviser to president obama. welcome, guys. larry, it's funny because part of hillary clinton's speech last night was also saying and chelseas that facts are stubborn things. does it matter on this one that, not quite? >> well, look. i'm not sure what you're asking here but mrs. clinton has moved to the left, way to the left of how her husband governed 20 years ago. entirely different democratic party. i would just say this for start earls, kelly. our economy right now, you saw the numbers this morning. is perilously close to a recession. and that comes inside of an expansion that was 2%, one of the weakest on records. so therefore, you have to scratch your head and ask, if we are close to recession, if we have had stagnant wages for all of these years, if employment is sub par, why would you be raising taxes? why would you be worried about inequality and redistribution? what you want is to promote economic growth by tearing down tax and regulatory barriers and energy and most particular

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. >> let's bring in panel, sara fagen, larry kudlow, who has become an unofficial trusted trump adviserhat a fair way to describe you? >> i would say informal adviser. >> all right. let's dispatch with ted cruz. i have a theory that cruz's speech and the negative reaction is helping trump here. but what i don't know is what america is going to see and what they have seen in a prominent republican saying, not me. >> we have seen donald trump underperforming in a lot of red states. we attribute that as political strategists that there is still a very high number of christian conservatives in this party who don't look at donald trump as someone they are comfortable with. ted cruz gave them a reason to either vote for someone else or not punch the ballot at presidential level. that to me is very troubling for the republican ticket. >> larry? >> couple things on this whole business. first of all, ted cruz ended his political career last night. second of all, i've never seen a convention, these are republicans, people stomping up and down, booing and waving their hand. never seen anything lik

chris cillizza is still here and larry kudlow, how are you? and i have done a little of this rodeo this morning. how does tonight, what can be done tonight to fix what happened today? >> well, paul manafort back and forth with kasich is so wild. they were trashing each other on twitter. this is nasty stuff. it's shocking to me that donald trump is as close to hillary clinton as he is without having learned the single first lesson you learn in politics. when you are in a hole, stop digging. they have just dug and dug all day long. it's a weird way to start the day but it's very trump-like. >> larry, you are a trump supporter. you have been helping him out. you had this weird smirk on your face because i get the sense that maybe you know secretly she might be right about this. stop digging. >> nicole has a lot of political wisdom. i have known for a good many years. i also know this is in private conversations, nicole wallace likes a little rock and roll on the floor of the convention. i kind of agree with her on that. look, what i'll say is thi

and i love this quote by larry kudlow. though not one in a thousand recognizes it, it is business -- not consumers -- that is the heart of the economy. when businesses produce profitably, they create income-producing jobs, and then consumers spend. profitable firms also purchase new equipment because they need to modernize and update all their tools, structures and software. so this is a new approach. i call it -- and i'm not saying replace g, the p, i'm saying -- saying --gdp, i'm saying it's complementary. gross output, you know how in a financial statement you have top line and bottom line. those of us in account, my students, my business students love this. we have top line, bottom line. now finally economists have caught up, after a hundred years behind the times, have caught up with the accounting and finance professions. now we have a top line and a bomb line. our top line is gross output, revenue and sales. our bottom line is gdp, value-added. similar the gross profit in financial statements. and this is a quote he

donald trump is concerned could balloon the deficit and we know some of the advisors -- our own larry kudlow to warm back some of the projections. you feel -- with clinton, you feel it's kind of already there it is what it is. with trump, there is a perception and correct me if i'm wrong, that a lot of the policy and the detail is still influx. >> they're working on his it's specific tax policy, but keep in mind, if trump is elected president, paul ryan, speaker of the house, and orin hatch, the head of the finance committee will sit down with trump and they'll come up with a tax propos proposal. the tax republicans already have a very good tax proposal, revenue neutral. it's very close to what trump is talking about in many ways and the septembnate is looking at t same thing. it's very easy to come to agreement with those three groups, the house, the white house and the senate, that's pro-growth and revenue neutral, or doesn't break the bank on spending. this last president just about doubled the deficit while raising -- doubled the debt by raising taxes. i'm not worried that trump would do

managing to push the democratic party platform further to the left, more now from cnbc contributor larry kudlowlso an informal advisor to the donald trump campaign. this is my favorite part in the campaign where the two candidates in the primaries are beating each other up, hillary clinton said he had to retract being friends with the president, and today. >> love. >> they're pals. >> american style to quote another '70s show. >> actually, none of this is as bad as it used to be in the 19th century when they used to just kill each other. actually, there were threats, i mean, i was around for most ofts last quarter of the 19th century. >> yesterday was the anniversary of the burr-hamilton -- >> there you go. >> politics today is really quite tepid. this is not a shock. i don't think this is a shock. i do think what eamon is suggesting or others suggesting this really does move the democratic party pretty far to the left. i thought it was a foregone conclusion in the primaries. mrs. clinton, just looking at her stuff, is not mr. clinton. economic justice, workers rights, womens rights, minimum wa

he was introduced by our friend larry kudlow, cnbc contributor trying to rally the party behind him.here were tense moments in that meeting with the senate that donald trump didn't like very much, in particular he had an exchange that was difficult with jeff flake, the senator from arizona, who stood up for his senate colleague from arizona, john mccain, the famed vietnam war veteran. here is jeff flake on that exchange. >> you don't talk about somebody who spent five years as a p.o.w. and could have come home earlier if he'd used his status because of who his father was, but he stayed there. and then to be told that, you know, have that just dismissed, that's just wrong. and so i thought that he needed to hear it from maybe the other senator from arizona. >> now, jeff flake said he had told donald trump he wanted to support him, but he wasn't able to because what he'd said about john mccain, what he'd said about the judge of mexican decent, other incendiary comments. donald trump didn't take very kindly to that. he told jeff flake he might have political problems in arizona, jeff fl

this is steve moore and larry kudlow on a panel i participated in and at each point where one of theonable trade policies arose, tariffs on chinese products or ripping up and a half ta and starting over or leaving a trade deal he's much more flexible we're talking to him he's going to moderate his position. we heard that. i didn't see sunday's announcement as moderation. >> yes. do you understand why he's doing this? because it resonates so well in the rust belts and the swing states? >> i don't think it's just that, simon, though certainly that's at the political core of it. i think leaving the wto is perfectly consistent with donald trump's view on trade and globalization. he has consistently argued that globalization doesn't need to be reshaped, that's more of the clinton view, it needs to be restrained. he's talked about building walls and raising tariffs that both doug and i agree would be reckless economics. so leaving the wto is part and parcel of a kind of nostalgic world where globalization doesn't exist. i think it's extremely unrealistic and horrible economics. >> doug, do

. >> let's bring in larry kudlow, cnbc senior contributor and forer advisor to the trump campaign. larry, maybe they want to be there to promise regular capture. >> trump has said the whole system is rigged. the democrats are rigged. wall street's rigged. the banks are rigged. i don't know, there's a lot of rigging going on. but there is some truth to it. and i think it does resonate. remember, you know, i mean, look, wall street guys, i mean, trump's got his mnuchin, a lot of people, i don't count any of that. i don't know what that means. right now the polls are showing good bounce for mr. trump. but basically the race is even. it's even nationally. it's even in the swing states. and it's probably going to remain so. this is a grinding kind of race. my own personal view is it's going to be down to the wire. down to the wire. >> what do you make of wasserman schultz having to step down here? >> look, i think it's a good idea. if you're asking about the dnc chairwoman, i think it's a good idea she took herself out because i think that was going to be a big annoyance at a big distrac

joining us today, larry kudlow and basil smith. >> how significant is this that they are campaigning together? >> very significant mostly because of the state they are in. north carolina, obama won in 2008. it is an important state for democrats and one we think we can win and the fact he is out there with her. >> is the president by far her biggest campaign tool, more so than potential running mates or her husband? >> absolutely. he was a popular press, 53%, 54%. particularly for the communities she does well in, people of color. she needs a lot of young people to get on board as well. some have gone previously to bernie sanders. there is going to be a shift over to her over a period of time. it has to be a short period of time. the coalition that is supported obama, it is important for him to bring those along to her. >> you better get the sanders crowd before the going is too late. >> i agree. obama's numbers have improved. that does cushion it. she has had a terrible week. trump had two weeks before that. they are basically even. i am interested, north carolina, you are quite rig

larry kudlow is at that meeting and going to join us live from washington after it ends. >> up next pepsico poised to open. we'll talk to the cfo and vice chairman hue johnston in a live and exclusive interview. more "squawk on the street" coming from post nine on the new york stock exchange when we return. ader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. but we mean so much more. we mean how can we help? we mean what can we do? we mean it's our turn. to do our part. to serve you, for all you've done to serve us. ♪ thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do yo

let's bring in jared bernstein and on set is larry kudlow. an informal adviser to trump did the and introduced mr. trump at his meeting with republican congressional members yesterday. jared, good to see you. larry, thanks for joining us. we can talk about that meeting in a second, but the first thing you said when you sat down, the jobs report, you don't think necessarily will get a snapback from the weak number from last month? >> i think you'll get a snapback from whatever 38,000. but no, i think that jobs on a three-month moving average -- >> why? >> i think we're in a mild business recession. profits are falling. business investment is falling. cap goods, core cap goods are falling. jobs are slowing. and we're not in a consumer recession yet. but if the business recession continues, we will be in a consumer recession. so i'm not optimistic. >> just on today's number, are you pessimistic. we talked about the reversion of the mean, usually you have a couple bad months and then get revisions and months better. and then you get some revision