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Mar 15, 2018
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mr. kudlow, latest piÑata of the trump administration. after mr. kudlow, as he should.e reality, 14 years ago this was the definitive paper in 2002 from robert eisen bice of the atlanta fed. this changed market economics. it was wicked good. federal reserve bank of atlanta math. you cannot see it on tv. all you have to know. francine: or on radio. tom: the top-of-the-line, doing marketow, economics and forecasting. larry kudlow back in the day was a hell of a market forecaster. with that, hans-guenter redeker, the dollar and trump. should he speak about dollar policy or should that be the territory of the secretary of treasury? hans-guenter: the dollar and in order to avoid confusion, it should stay within the treasury. i'm sure, this will continue like that. what this think about strong u.s. dollar policy means. yes, of course to keep confidence for the u.s. dollar in financial markets, you want to ensure that america is getting funded. at the same time you want to walk a fine line. you want to improve trade positions. america is in the belief that it has been disadvan
mr. kudlow, latest piÑata of the trump administration. after mr. kudlow, as he should.e reality, 14 years ago this was the definitive paper in 2002 from robert eisen bice of the atlanta fed. this changed market economics. it was wicked good. federal reserve bank of atlanta math. you cannot see it on tv. all you have to know. francine: or on radio. tom: the top-of-the-line, doing marketow, economics and forecasting. larry kudlow back in the day was a hell of a market forecaster. with that,...
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Mar 15, 2018
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mr. kudlow to day, saying he will offer new energy in the administration.hery: kevin cirilli, chang you -- thank you so much. also talk with the president and ceo of the wilson center later. let's go to abigail doolittle. buyers are out on this thursday. there has been a flip-flop on the day. is leading up 8/10 of 1%. theme ofa continued intra-day volatility on the week. the three major averages are lower. we are seeing a bounce back in the industrial space. we are seeing the sector competition on the imap. industrials are trading higher. there is also the possibility of a trade war. financial checks are also stronger on energy and materials. industrial names are really helping out. investors are reconsidering the female tariffs will hurt to those companies from the standpoint of a potential trade war. ge is bouncing back earlier. the company's 2018 earnings numbers are not credible, according to an analyst, but investors are buying. let's look at social media names. facebook, twitter, snap. this could have to do with the united kingdom thing, they may cons
mr. kudlow to day, saying he will offer new energy in the administration.hery: kevin cirilli, chang you -- thank you so much. also talk with the president and ceo of the wilson center later. let's go to abigail doolittle. buyers are out on this thursday. there has been a flip-flop on the day. is leading up 8/10 of 1%. theme ofa continued intra-day volatility on the week. the three major averages are lower. we are seeing a bounce back in the industrial space. we are seeing the sector competition...
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Mar 15, 2018
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mr. kudlow goes to washington a familiar face to cnbc viewers will replace gary cohn as president trump's economic adviser. it's thursday, march 15, "worldwide exchange" kicks off right now. ♪ >>> it is hard to imagin imagine dragons, isn't it? i'm brian sullivan, thanks for being with us. it is a good morning wall street pointing to a higher open for stocks. dow futures are up triple digits right now we have breaking news, oil and energy and paris-based iea out with their monthly oil number jackie deangelis has more details. >> what's key about this report, the headline, is the deman number the iea is revising up the demand forecast by 1.5 millionry demand right now is expected to absorb some excess supply and help with the rebalance we've been waiting for for a long time two other key headlines that i want to highlight. they talked about global i'll supply in february easing a bit. and they highlighted the fact that opec reported yesterday it's monthly numbers for february production did go down slightly as well right now in terms of the supply/demand rebalance, though there are a lot o
mr. kudlow goes to washington a familiar face to cnbc viewers will replace gary cohn as president trump's economic adviser. it's thursday, march 15, "worldwide exchange" kicks off right now. ♪ >>> it is hard to imagin imagine dragons, isn't it? i'm brian sullivan, thanks for being with us. it is a good morning wall street pointing to a higher open for stocks. dow futures are up triple digits right now we have breaking news, oil and energy and paris-based iea out with their...
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mr. kudlow who is going to replace gary cohn. here is what the president said about his new chief economic advisor. >> larry kudlow just came in a little while ago and i think larry is going to be outstanding as economic advisor. so we look forward to it. reporter: david and melissa, one thing you should know about larry kudlow he is proponent of free trade. you would think he is against tariffs but he said recently tariffs can be useful, he was referring to what happened during the reagan administration when they did use tariffs to bring trading partners to the negotiating table. mr. kudlow did work for the reagan administration. so he is on board it would appear with the tariffs we'll get with steel and aluminum but also as fox business has confirmed, the pending tariffs to be announced probably i bet end of the month against china. back to you. david: as a negotiating tool, as he said. melissa: right. david: adam shapiro, thank you very much. let's bring in a man that knows larry kudlow very well, david stock map, former reagan
mr. kudlow who is going to replace gary cohn. here is what the president said about his new chief economic advisor. >> larry kudlow just came in a little while ago and i think larry is going to be outstanding as economic advisor. so we look forward to it. reporter: david and melissa, one thing you should know about larry kudlow he is proponent of free trade. you would think he is against tariffs but he said recently tariffs can be useful, he was referring to what happened during the...
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they do agree of course they know mr kudlow from television he was a commentator on c.n.n. b.b.c. where he often gave i have to say wrong statements wrong for costs for the development of shares and for developments of the economy. in france for the thank you very much and that's all your business news it's back to bryan about the story about happiness and who's happy and who's not the u.n. has released a study ranking the world's countries by happiness surprise surprise the nordic countries dominate that list once again finland came in first as the world's happiness happiest nation up from fifth place last time around the study looks at factors like life expectancy income social support corruption the fens topped neighbors like norway and denmark were also in the lists top five last place in the list of one hundred fifty six countries burundi and we're joined now by the co-author of that report the us economist jeffrey d.c. x. thanks for being with us this morning jeffrey jeffrey what makes people happy but. people are happy their lives are. in order when the economy is ok when t
they do agree of course they know mr kudlow from television he was a commentator on c.n.n. b.b.c. where he often gave i have to say wrong statements wrong for costs for the development of shares and for developments of the economy. in france for the thank you very much and that's all your business news it's back to bryan about the story about happiness and who's happy and who's not the u.n. has released a study ranking the world's countries by happiness surprise surprise the nordic countries...
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Mar 15, 2018
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mr kudlow is an outspoken advocate of free trade — and has also been very critical of the latest movesmunications agency, cicero group. good to see you. very interesting appointment. 0n good to see you. very interesting appointment. on that basis, the free market advocate coming in as he is trying to laydown carus. he is a pugilist. he was a pundit. and remember that donald trump is to be a pundit. he is a big believer in free trade. donald trump has just enacted a set of policies on steel and aluminium. the big debate is whether he is going to temper trumpet anyway. -- temper donald trump anyway. we know what the message will be from donald trump on the tax hikes. and i suppose the word advisor comes in. he does not rule the roost over decision—making. so why would donald trump want in there? there are other areas where they dovetail neatly... they are in lockstep agreement on tax reform. he is basically in agreement with donald trump as a supply sider. so they will be in agreement there. what he might do is temper donald trump's unbridled move towards sanctions. he is talking a lot a
mr kudlow is an outspoken advocate of free trade — and has also been very critical of the latest movesmunications agency, cicero group. good to see you. very interesting appointment. 0n good to see you. very interesting appointment. on that basis, the free market advocate coming in as he is trying to laydown carus. he is a pugilist. he was a pundit. and remember that donald trump is to be a pundit. he is a big believer in free trade. donald trump has just enacted a set of policies on steel...
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performance that no doubt pleased the presidents who once worked as a wall street pundit alongside mr kudlower by his tv skills. jane foley is senior currency strategist at rabobank. people know what he is about, his track record, his background, kudlow. a bit of an asian uncertainty about his china approach. do they know his background? he used a walk on wall street and in the reagan administration, has he has experience working in government which is perhaps reassuring. looking at the reagan administration, a president that did use some terrorists even though he was supposed to be about free trade. the markets, we can have perhaps some relief on the trade side because kudlow is someone who has associated himself with free trade, perhaps we have a moderating force. what sort of influence will he have? an adviser, no technical power, how much do you think president trump will listen to him on the trade issues, especially because we are led to believe that is why the previous adviser left? the impression we are getting more recently is that trump, apart from perhaps this appointment, he has b
performance that no doubt pleased the presidents who once worked as a wall street pundit alongside mr kudlower by his tv skills. jane foley is senior currency strategist at rabobank. people know what he is about, his track record, his background, kudlow. a bit of an asian uncertainty about his china approach. do they know his background? he used a walk on wall street and in the reagan administration, has he has experience working in government which is perhaps reassuring. looking at the reagan...
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well some people do and many people here know mr kudlow he's a bit of a celebrity celebrity because he'sa commentator for the business t.v. channel c. and b. c. he has a reputation of being very entertainment it's entertaining on the air he also has a reputation to be you know supplies side reaganite which means he's a big fan of the tax cuts and spending policies of the reagan era and you're right he also has a reputation of not often being exact and precise when it comes to predicting. the future and economic developments. but only precise he's often wrong. that's not the reason why many people here are concerned about his nomination they're concerned that his nomination might increase the conflict with china. set to c. and b. c. that he would like to see a trade coalition of the willing in the conflict against china and that's not exactly wording that has a nice ring to european is garbos new in frankfurt for us thank you. six months ago iconic toy store chain toys r us filed for bankruptcy in the u.s. now the retailer has announced it will close all seven hundred thirty five of its u
well some people do and many people here know mr kudlow he's a bit of a celebrity celebrity because he'sa commentator for the business t.v. channel c. and b. c. he has a reputation of being very entertainment it's entertaining on the air he also has a reputation to be you know supplies side reaganite which means he's a big fan of the tax cuts and spending policies of the reagan era and you're right he also has a reputation of not often being exact and precise when it comes to predicting. the...
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Mar 16, 2018
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mr. kudlow coming into the office, if it get worse, the markets will react negatively.eryl: mark and dominic, it'll be a good meeting. >> good to see you. lauren: coming up, we are checking brackets as llayola advances, jared max more on that and the sports highlights for you and tensions are rising between london and moscow after the poisoning of a double agent and his daughter, how closely are investors monitoring this situation? we will have that next. taking a look at futures this morning searching for direction ahead of industrial numbers, you're watching fbn:am. but he never called me back! if your cousin's wife's sister's husband isn't a lawyer, call legalzoom and we'll connect you with an attorney. legalzoom. where life meets legal. where we're changing withs? contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. cheryl: welcome back, okay, first day at the ncaa produced two big upsets, your bracket maybe busted. lauren: jared max is here wit
mr. kudlow coming into the office, if it get worse, the markets will react negatively.eryl: mark and dominic, it'll be a good meeting. >> good to see you. lauren: coming up, we are checking brackets as llayola advances, jared max more on that and the sports highlights for you and tensions are rising between london and moscow after the poisoning of a double agent and his daughter, how closely are investors monitoring this situation? we will have that next. taking a look at futures this...
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Mar 29, 2018
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mr. kudlow comes from a tv show. right after he hired gary kudlow, we learned about the national security adviser whom he liked watching on tv. there may be trouble ahead for that national security adviser appointment. it does not require senate confirmation, but we learned from trump's first national security adviser mike flynn that there still can be trouble if you try to keep somebody in that job who's caught up in active fbi investigations, technically if they're active counter intelligence investigations. so stay tuned for that. we have that story coming up. shopping off your tv set isn't always a great way to vet candidates for senior administration positions. it can also be trouble for the president's efforts to put together a legal team to represent him in the russia scandal, in the mueller investigation. one of the more remarkable things that happened just in the last week, god, it feels like years ago now, but just in the last week, the president's lead lawyer on the russia scandal quit, when it emerged that
mr. kudlow comes from a tv show. right after he hired gary kudlow, we learned about the national security adviser whom he liked watching on tv. there may be trouble ahead for that national security adviser appointment. it does not require senate confirmation, but we learned from trump's first national security adviser mike flynn that there still can be trouble if you try to keep somebody in that job who's caught up in active fbi investigations, technically if they're active counter intelligence...
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mr. kudlow, you should know something about the irish prime minister and the statement from the eu tradeommissioner, she spoke with u.s. secretary of commerce wilbur ross, and during their conversation on the telephone, she reiterated that she expects as does the other 28 nation members of the eu, they expect the united states to exclude the eu from the steel and aluminum tariffs. no response if the united states will indeed do that. the president clearly pushing for his agenda on getting reciprocal trade. then you have larry kudlow, not his first time at the rodeo. he was a member of the reagan administration which used tariffs to negotiate better trade agreements. mr. kudlow said while he is a free trade proponent, he would be in support of president trump's efforts to bring trading partners to the negotiating table if tariffs are the way to do it, he said he would be on board with that, and then you get mr. trump's tweet today which he said we have a trade deficit with canada, there was the issue over the recording made of mr. trump meeting with supporters in california. we have a tra
mr. kudlow, you should know something about the irish prime minister and the statement from the eu tradeommissioner, she spoke with u.s. secretary of commerce wilbur ross, and during their conversation on the telephone, she reiterated that she expects as does the other 28 nation members of the eu, they expect the united states to exclude the eu from the steel and aluminum tariffs. no response if the united states will indeed do that. the president clearly pushing for his agenda on getting...
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Mar 27, 2018
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mr. kudlow or the new mr. mnuchin? how does this shift?nside the beltway and mr. mnuchin has been one of the stabilizing forces and the treasury department has done the same. they were instrumental getting tax reform across the finish line. we have got to talk about the russians and the role the treasury department played in that. when you have 60 russian it laments or spies being expelled -- diplomats or spies being expelled yesterday -- proximity to a u.s. naval base and a boeing plant, that is the most aggressive stance the administration has taken in regards to russia since the president has been in office. the continuation of former president obama shutting down a consulate in new york. in broader context, all around the world, european allies were taking similar actions yesterday. this sends a signal to vladimir putin that this behavior is unacceptable. francine: did the president do it reluctantly? kevin: he did it in consultation with nato allies. we have to remember that president trump spoke via telephone last week with vladimir
mr. kudlow or the new mr. mnuchin? how does this shift?nside the beltway and mr. mnuchin has been one of the stabilizing forces and the treasury department has done the same. they were instrumental getting tax reform across the finish line. we have got to talk about the russians and the role the treasury department played in that. when you have 60 russian it laments or spies being expelled -- diplomats or spies being expelled yesterday -- proximity to a u.s. naval base and a boeing plant, that...
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mr. kudlow takes that seat. >> thank you for joining us. >>> we know steel stocks have been impacted by thedent's new tariffs but there are two other big industries that could feel an unintended fallout from the trade tussle. >>> also elon musk is announcesing a pretty ambitious goal to get rockets to mars, sooner than you would think. we'll look at the plan and see if it's even possible still to co oth"csi bl.men e longel oh! there's one. manatees in novelty ts? surprising. what's "come at me bro?" it's something you say to a friend. what's not surprising? how much money matt saved by switching to geico. fifteen minutes could save you fifteen percent or more. >>> welcome back the canadian etf closing a little lower after prime minister trudeau weighed in on president trump's new steel and aluminum tariffs and how they could impact nafta renegotiations and the economies of both countries. take a listen. >> we don't link together the tariffs and the negotiations for nafta, but we're happy to continue to move forward on the negotiations really just highlighting imposition of tariffs on canada
mr. kudlow takes that seat. >> thank you for joining us. >>> we know steel stocks have been impacted by thedent's new tariffs but there are two other big industries that could feel an unintended fallout from the trade tussle. >>> also elon musk is announcesing a pretty ambitious goal to get rockets to mars, sooner than you would think. we'll look at the plan and see if it's even possible still to co oth"csi bl.men e longel oh! there's one. manatees in novelty ts?...
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mr. kudlow is and where he stands on the issues. like president trump himself, kudlow is probably best known for appearing on television. he is a long-time cnbc contributor who hosted several shows over the years. he ralalso hosts a radio show a writes for the "national review." kudlow supported trump in the 2016 election, and he's acted as something of an intorformal advr to the then-candidate. kudlow is a traditional fiscal conservative. he believes in low taxes and less regulation. that probably stems from his time in the reagan administration. the father of american supply side economics. kudlow worked in the office of management and budget during reagan's first term. following his time in government, kudlow returned to the pry sivate sector, as a sen management director at bear stearns until the mid '90s. as recently as this month, he vocally disagreed with the president's policies. he co-wrote an op-ed criticizing trump's tariff proposal, call g ing them attack hikes. he walked that back a little bit, saying we need to be toug
mr. kudlow is and where he stands on the issues. like president trump himself, kudlow is probably best known for appearing on television. he is a long-time cnbc contributor who hosted several shows over the years. he ralalso hosts a radio show a writes for the "national review." kudlow supported trump in the 2016 election, and he's acted as something of an intorformal advr to the then-candidate. kudlow is a traditional fiscal conservative. he believes in low taxes and less...
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mr. kudlow now in charge. he's a king dollar guy. is that really going to come to fruition? because that would have effects moving forward, so i think all eyes are going to be on -- if we can get through 3% on the ten year, assuming the fed raises rates. liz: we know that steven mnuchin kind of tripped over that one in davos by saying that a weak dollar is good for u.s. businesses which is not untrue, but you don't want to be saying that your own citizens in your own country have a weak currency. good to see you, gentlemen. >>> fasten your seat belts for a weekend and a next rocking week. see you next week. >>> to the white house, stocks are inching higher, 111 to the upside is more than inching. there are reports that the trump administration is teeing up tough tariffs against china and hitting russia with more sanctions for two totally different reasons. hillary vaughn left the white house briefing rushing to the cameras. i would imagine russia is the pressing issue considering the latest news that it hacked into the national energy grid? >> that is the headline but didn't
mr. kudlow now in charge. he's a king dollar guy. is that really going to come to fruition? because that would have effects moving forward, so i think all eyes are going to be on -- if we can get through 3% on the ten year, assuming the fed raises rates. liz: we know that steven mnuchin kind of tripped over that one in davos by saying that a weak dollar is good for u.s. businesses which is not untrue, but you don't want to be saying that your own citizens in your own country have a weak...
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mr. kudlow who, you know, back in 2007, poo-pooed the whole idea, and said the housing market would be inpe. it's important to look at the credentials that the president is reaching out for, but let's remember. trump is supposedly to have said, he perceives life as a tv show where he wins and somebody else loses. if your perception is a tv show, in some perverse way, this makes sense. >> let's turn to a tv soap opera with consequences. let's show the cover of "the new yorker," and it's going to raise a lot of eyebrows i think. this showing president trump exposed. i think that story is the nexus of the president, the press, a porn star, and it does seem like stormy daniels' lawyer has been incredibly media savvy. we know he arranged an interview with anderson cooper and it will air on "60 minutes," working for cnn and cbs, and the lawyer has been taped and out there for tv, except for fox, talking about the interview, teasing the interview, describing the interview. what we don't know officially from cbs and when the interview will air. it will air this time next week, next sunday on "60
mr. kudlow who, you know, back in 2007, poo-pooed the whole idea, and said the housing market would be inpe. it's important to look at the credentials that the president is reaching out for, but let's remember. trump is supposedly to have said, he perceives life as a tv show where he wins and somebody else loses. if your perception is a tv show, in some perverse way, this makes sense. >> let's turn to a tv soap opera with consequences. let's show the cover of "the new yorker,"...
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mr. kudlow and mr. trump?r anyone who has been in these markets for a long time they know that that currency dominates return, 70% over the last 10 years. what his comments mean and how it will impact the dollar is anyone's guess. for me and what we are looking cheapens themeone price of e.m. currency options to the point where you can lock in some of the returns you have generated over the last year and a half. lisa: you were showing fascinating charts to me yesterday and talking about how it is the cheapest that it has been since 2009 to hedge against the dollar strength versus the euro strength. this raises the question about a lopsided trade with investors into emerging markets credit and equity unhedged with the bit that the dollar will continue to weaken and emerging-market currencies will continue to strengthen. into emergingfrom? your perspew dangerous is this is this leverage -- from your perspective, how dangerous is this? is it leverage that could unravel quickly? sameer: when you think back to wher
mr. kudlow and mr. trump?r anyone who has been in these markets for a long time they know that that currency dominates return, 70% over the last 10 years. what his comments mean and how it will impact the dollar is anyone's guess. for me and what we are looking cheapens themeone price of e.m. currency options to the point where you can lock in some of the returns you have generated over the last year and a half. lisa: you were showing fascinating charts to me yesterday and talking about how it...
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mr. kudlow now going to the white house. >> does larry change the calculation. >> larry said it a numberf times, go after your enemies not your friend. he doesn't like blanket tariffs. fight wars where the trade is imbalanced very focused on china. there may be a case here where on the intellectual property side china where they have been a major oftener it's going the get aggressive for the tech companies. that's where the war has a better opportunity to spiral out of control because there is so much interdependence i don't think they can aligned and integrated but that's a bigger issue. >> what we saw was trouble in multinationals, specific clae not just boeing, and technology was yesterday. and up staels today, staples have a lot of international sales. the likes of coca-cola, proctor and gamble. >> the retail sales were terrible. >> they suddenly start to cascade and people were reaching -- the thing they reached for today was utilities. that's the one aspect of the market that was actually strong and i believe finished in positive territory but the interesting thing is we are all fo
mr. kudlow now going to the white house. >> does larry change the calculation. >> larry said it a numberf times, go after your enemies not your friend. he doesn't like blanket tariffs. fight wars where the trade is imbalanced very focused on china. there may be a case here where on the intellectual property side china where they have been a major oftener it's going the get aggressive for the tech companies. that's where the war has a better opportunity to spiral out of control...
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Mar 18, 2018
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mr. kudlow as a suitable replacement for gary cohn, and we will see very tough confirmation hearings foro as well as the designated for the head of the cia. we are at 51-49 in the senate. rand paul is against john mccain, -- is against. john mccain is sick. no one coming out, no one in quality coming in after the people have been let go by trump. you are having a much bigger vacuum, a breakdown of the policymaker process in the white house, and very few people left to say no to the -- to donald trump. betty: interesting on the internal process, we were running with this story earlier about david malpass, the treasury undersecretary, goofing up is what he said when he misspoke about formal economic dialogue between the u.s. and china, and do you think we will get more of these types of missteps because we don't have sort of the internal process? or it seems like it is breaking down when you have got people coming and going. there will be a lot of miscommunication. .acob: there will be no doubt if you want to talk to the united states, who do you call? do you want to call the treasury secr
mr. kudlow as a suitable replacement for gary cohn, and we will see very tough confirmation hearings foro as well as the designated for the head of the cia. we are at 51-49 in the senate. rand paul is against john mccain, -- is against. john mccain is sick. no one coming out, no one in quality coming in after the people have been let go by trump. you are having a much bigger vacuum, a breakdown of the policymaker process in the white house, and very few people left to say no to the -- to donald...
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mr. kudlow, is the president going to listen?'s trying to get out, and the chinese have spoken and asked for more information of the nxpi and qualcomm deal and david faber says that's not the case but they're doing it. i have to tell you, that internally at least you just heard what larry said. >> jim, we'll have to go to the tease. >> i am all over that. >> well, you are wearing a smart suit >> we'll talk more about after this short break because we are a few minutes from the bell. and coming up ne, xtstarbucks' ceo, kevin johnson, live on cnbc and you will meet him. we'll be right back. i'm not a bigwig. or a c-anything-o. but i've got an idea sir. get domo. it'll connect us to everything that's going on in the company. get it for jean who's always cold. for the sales team, it and the warehouse crew. give us the data we need. in one place, anywhere we need it. help us do our jobs better. with domo we can run this place together. well that's that's your job i guess. ♪ >>> welcome back, you are watching "squawk on the street" liv
mr. kudlow, is the president going to listen?'s trying to get out, and the chinese have spoken and asked for more information of the nxpi and qualcomm deal and david faber says that's not the case but they're doing it. i have to tell you, that internally at least you just heard what larry said. >> jim, we'll have to go to the tease. >> i am all over that. >> well, you are wearing a smart suit >> we'll talk more about after this short break because we are a few minutes...
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mr. kudlow is probably a good thing for the investor class, given the familiarity many folks have with himrom his television days. changes tomake any my portfolio based on some of the short-term rhetoric. vonnie: he is a supply-sider, but is also advocating the fed not hike too fast. how do you reckon i'll -- reconcile those two positions? john: the fed has been friendly toward the market, and in my view, stock prices are still very inexpensive relative to where we are on the interest rate spectrum. even if we have three to four this year,ses interest rates will still be very, very supportive of the stock market. yvonne average, the fed funds rate has been about 5.3% over the last 60 years or so, compared to where we are today and where we might be if we do have those interest rates. i do not lose any sleep at all over the federal reserve raising rates, and frankly, the reason they would be raising rates, in my opinion, is that we have a stronger economic backdrop and fears ofmore so than runaway inflation. of course, those fears were camped down last week with the jobs report. shery: trea
mr. kudlow is probably a good thing for the investor class, given the familiarity many folks have with himrom his television days. changes tomake any my portfolio based on some of the short-term rhetoric. vonnie: he is a supply-sider, but is also advocating the fed not hike too fast. how do you reckon i'll -- reconcile those two positions? john: the fed has been friendly toward the market, and in my view, stock prices are still very inexpensive relative to where we are on the interest rate...
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mr. kudlow goes to washington. larry kudlow succeeding gary cohn what will it mean for the markets?> the biggest loosening of banking regulations since the financial crisis a decade ago. >> slight gains at the open as investors try to shake off concerns surrounding global trade. first up, larry kudlow is going from cnbc to the white house he's accepted the president's offer to succeed gary cohn as director of the national economic council this morning the president tweeted about kudlow adding our country will have many years of success with low taxes and unparalleled innovation and fair trade and ever expanding labor force leading the way and kudlow outlined his economic vision yesterday on closing bell. >> if you keep tax rates minimum, if you keep regulations and government spending minimal, if you keep the dollar sound and steady, you're going to have a terrific economy if government has a modest approach and let's people do what they need to do and allows the freedom to do it, we will do great in this country. we're already i believe on the front end of a tremendous investment b
mr. kudlow goes to washington. larry kudlow succeeding gary cohn what will it mean for the markets?> the biggest loosening of banking regulations since the financial crisis a decade ago. >> slight gains at the open as investors try to shake off concerns surrounding global trade. first up, larry kudlow is going from cnbc to the white house he's accepted the president's offer to succeed gary cohn as director of the national economic council this morning the president tweeted about kudlow...
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mr. kudlow said earlier this afternoon which is the notion of dumping what does it really mean in a capitalistic society the market sets the price. you know, 45% of all the sales of the s&p 500 are to other countries. and how can we live in a world where the president, in my view, my opinion, he has his head in the sand and thinks that everything should be only made in america i mean, is it really fair to demonize every american company that offshores i think it's really, really dangerous. >> let's get in mickey i take it you disagree >> yes i would like to say it was heartwarming to see president trump and secretary ross speak with such passion and knowledge about the difficults facing our industry clearly, they have a lot more knowledge about what's gone on in our industry than a lot of people that have been commenting we get caught up in this price, and mr. gandhi likes to talk about the free market setting the price. we talked about it last week the reality is in our industry, there is no free market price. the vast -- a large percentage of the capacity, the excess capacity, is subsidized. t
mr. kudlow said earlier this afternoon which is the notion of dumping what does it really mean in a capitalistic society the market sets the price. you know, 45% of all the sales of the s&p 500 are to other countries. and how can we live in a world where the president, in my view, my opinion, he has his head in the sand and thinks that everything should be only made in america i mean, is it really fair to demonize every american company that offshores i think it's really, really dangerous....
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mr. kudlow to you know preeminent him with ideas on the economy, advise on policy and then help him make we are very excited to have him coming onboard. >> will that include phase two of the tax cut plan? >> the president has been talking about, chairman kevin brady in house have been talking about a phase two tax cut plan, we want to make the personal income tax cuts diaries tax cut bill permanent talked about potentially lowering cap gains rate there was so much success more than we could have predicted with hundreds of companies announcing bonuses, wage hikes, all sorts of announcements from the first tax cut bill why not do it again right? yeah, so we don't have specifics regarding actually proposal or timeline yet we are going to wait for larry to come get onboard but that is something the president along with chairman brady are looking. >> what president said about that yesterday. >> we are now going for a phase two. we are actually going for a phase two will help in addition to middle class will help companies and going to be something i think very special, kevin brady working on
mr. kudlow to you know preeminent him with ideas on the economy, advise on policy and then help him make we are very excited to have him coming onboard. >> will that include phase two of the tax cut plan? >> the president has been talking about, chairman kevin brady in house have been talking about a phase two tax cut plan, we want to make the personal income tax cuts diaries tax cut bill permanent talked about potentially lowering cap gains rate there was so much success more than...
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mr. kudlow goes to washington >> the last 25 years of my life has been tied up with cnbc, which changed myanged my profession and has been a family to me and however this thing works out, it will be god's will. >> and a familiar face the viewers will replace gary cohn as president trump's top check adviser. what does this mean for the markets? and your money, that's straight ahead. >> itron is helping utility companies make the company's cities smarter it is predicting natural disasters. we will show you amazing views of earth we talk space exploration and humans on mars the countdown on as the second hour of "squawk box" begins right now. [ music playing >> announcer: live from the beating heart of business, new york city. this is "squawk box" >> good morning. welcome back to "squawk box. the nasdaq markets in time's square with becky quick and joe kernon the dow is up about 21 points, the nasdaq is looking off about 12 points, s&p 500 off about a point. we will tell you some of the headlines making news this hour. we have a busy week ahead, we're at the end of the week here, almost, some
mr. kudlow goes to washington >> the last 25 years of my life has been tied up with cnbc, which changed myanged my profession and has been a family to me and however this thing works out, it will be god's will. >> and a familiar face the viewers will replace gary cohn as president trump's top check adviser. what does this mean for the markets? and your money, that's straight ahead. >> itron is helping utility companies make the company's cities smarter it is predicting natural...
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mr. shapiro, let me start with you. larry kudlow, pro-trade, advocated against the imposition of tariffs on our allies like canada and mexico. are you heartened to see him going to the white house >> well i am heartened to see him going, but frankly any president -- this president or a democratic president, would have been looking for a stronger trade policy toward china. what you wouldn't do, however, in carrying out that policy, is threaten to withdraw from nafta, abandon the tpp, impose global steel tariffs, or withdraw from the climate agreement. all of those things have strengthened china's position while hurting ours and larry kudlow's challenge is to steer the policy so it is stronger vis-a-vis china without disrupting every other trade relationship we have >> patrick, we've had extensive conversations with larry about exactly that over the last couple of weeks as we talked so much about the imposition of steel and aluminum tariffs and he has been vosiverous about saying -- leaving nafta would be a bad, bad same question to a
mr. shapiro, let me start with you. larry kudlow, pro-trade, advocated against the imposition of tariffs on our allies like canada and mexico. are you heartened to see him going to the white house >> well i am heartened to see him going, but frankly any president -- this president or a democratic president, would have been looking for a stronger trade policy toward china. what you wouldn't do, however, in carrying out that policy, is threaten to withdraw from nafta, abandon the tpp,...
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mr. president. larry kudlow would certainly know. ross, navarro, those are his homeboys. >> yes, absolutely, particularly when it comes to trade. again, most of those complaints have been with china. as you pointed out right at the top of this show, this is not about china. this is about an entire global steel supply. it's an ill considered move on the part of the white house. >> i want to go after china. this is not the path. up next, thank you, ron, a new report about russia's meddling in our politics by way of the nra. please, turn up the volume. i want to turn up the attention to this. we are trying to keep track of gun violence in this country. sadly, parkland was not a one off. according to the trace, there have been 8,942 incidents of gun violence in the united states so far this year. since monday of this week, there have been 15 accidental shootings and two mass shootings. yesterday, on the 1st of march, there were 43 shootings in the united states of america, the greatest country in the world. just think about that. taking
mr. president. larry kudlow would certainly know. ross, navarro, those are his homeboys. >> yes, absolutely, particularly when it comes to trade. again, most of those complaints have been with china. as you pointed out right at the top of this show, this is not about china. this is about an entire global steel supply. it's an ill considered move on the part of the white house. >> i want to go after china. this is not the path. up next, thank you, ron, a new report about russia's...
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larry kudlow has been very critical of it that's the reason gary cohn left for mr. y kudlow to come in with circumstantial the idea that tariffs are bad, that's going to present an interesting dynamic. we are going to talk to stuart and kellyanne conway, the president of the united states is going to be joining us at 8:00 a.m. brian: i could add to that, he says fundamentally i'm against tariffs. tariffs are taxes. he says i'm starting to see what the president's vision is, and that is use it as a negotiating tactic. steve: right. brian: phil merkel says let's hear what the president has to say first before talking about retribution. this is moving the theory forward they have been stopped in 8 rounds. he said listen, i'm going to put these tariffs on hold while reneg united states nafta. he is beginning to see push back. ainsley: yesterday e when the president was at boeing. he invite you had business leaders to come and sit around round table and talk about these tax cuts and talk about the economy. then have you nancy pelosi who is calling those bonuses crumbs. yo
larry kudlow has been very critical of it that's the reason gary cohn left for mr. y kudlow to come in with circumstantial the idea that tariffs are bad, that's going to present an interesting dynamic. we are going to talk to stuart and kellyanne conway, the president of the united states is going to be joining us at 8:00 a.m. brian: i could add to that, he says fundamentally i'm against tariffs. tariffs are taxes. he says i'm starting to see what the president's vision is, and that is use it...
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. >> thank you larry kudlow mr. ambassador, i want to give you last word. circling back on the north korea issue. this morning a south korean envoy said that pyeongchang said they would engage in talks with the u.s. and even halt their military exercises and nuclear drills in the meantime do you put any stock in that what is going on here? >> i think this is traditional north korean diplomacy i don't think we can assume they're going to disaarm they're not going to disarm. they're trying to get into talks. i think they want to split south korea from the united states we'll prevent that from happening. it is our interest to have talks with them. i think secretary tillerson wants to do that we have to explore if there's a diplomatic way out of the crisis before we think seriously about military weapons i think the president did well on that today, but to circle back to the main conversation here, the president continues to go after the european union and described them as strategic competitor rather than partner he passed up another opportunity today to own u
. >> thank you larry kudlow mr. ambassador, i want to give you last word. circling back on the north korea issue. this morning a south korean envoy said that pyeongchang said they would engage in talks with the u.s. and even halt their military exercises and nuclear drills in the meantime do you put any stock in that what is going on here? >> i think this is traditional north korean diplomacy i don't think we can assume they're going to disaarm they're not going to disarm. they're...
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kudlow replaces gary cullen, who stepped down last week in protest against mr trump's steel and aluminium of coalition talks, angela merkel has been sworn in for a fourth term of german chancellor. in italy, 23,000 people have been evacuated from a town on the east coast after a n evacuated from a town on the east coast after an unexploded world war ii bomb was found. 0fficials coast after an unexploded world war ii bomb was found. officials say the 225 kilograms bomb was british made and there was panic when it was accidentally activated jeering the construction of a drain. the device was removed and dropped into the sea. from june, google says the crypto currency bitcoin will be banned from being advertised on its platforms. the bbc understands google decided to act because it felt there was a lack of consumer protections for highly speculative and complex trades. you are watching bbc world news america. with a growing number of women only co—working spaces being openedin women only co—working spaces being opened in the uk and europe, we take a look. —— in the us and europe. exactly a m
kudlow replaces gary cullen, who stepped down last week in protest against mr trump's steel and aluminium of coalition talks, angela merkel has been sworn in for a fourth term of german chancellor. in italy, 23,000 people have been evacuated from a town on the east coast after a n evacuated from a town on the east coast after an unexploded world war ii bomb was found. 0fficials coast after an unexploded world war ii bomb was found. officials say the 225 kilograms bomb was british made and there...
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kudlow. he basically is in here saying that there is no logic to the tariffs. he said, mr. president, these tariffs are a tax hike. and wolf, you'll remember, gary cohn, the man larry kudlow is now set to replace as head of the national economic council, left his job basically over the tariff issue. he was in disagreement with the president. he left his job over it. so the president is now replacing him with someone who agreed with gary cohn in that battle, not the president. the other thing, of course, to note here is this is a cable tv personality. it is a perfect kind of appointment for the apprentice-style presidency that donald trump is running. and we know how consumed he is with watching people on cable television and consuming a lot of tv news. so it should surprise nobody that he would actually tap a cable television personality. >> larry kudlow has been at cnbc for a long time. >> not that he doesn't have the credentials. i'm not suggesting that. >> he's an economist. clearly qualified to be the president's national economic council director. at the same time, thou
kudlow. he basically is in here saying that there is no logic to the tariffs. he said, mr. president, these tariffs are a tax hike. and wolf, you'll remember, gary cohn, the man larry kudlow is now set to replace as head of the national economic council, left his job basically over the tariff issue. he was in disagreement with the president. he left his job over it. so the president is now replacing him with someone who agreed with gary cohn in that battle, not the president. the other thing,...
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president trump is praising larry kudlow as a potential successor to outgoing economic advisor, gary come. mrtrump -- mr. trump spoke to reporters before leaving the white house. president trump: larry has been a friend of mine for a long time. he backed me early in the campaign, i think he was one of my original backers. he is a very, very talented man, a good man. . think larry has a good chance i am also speaking to many others. i think larry has a very good chance. >> the president says, while he and kudlow do not agree on everything, that might be helpful. he says he believes he has come around to believing in tariffs as a way to negotiate. ailip hammond is claiming quote light at the end of the tunnel for the british economy as they countries debt levels come down after a decade after the global financial crisis proves -- crisis. the british economy is poised to grow better-than-expected, 1.5% this year. however, the british economy is set to be one of the low -- slowest growing group of seven nations in 2018 as it was last year. british police said today the investigation into the clin
president trump is praising larry kudlow as a potential successor to outgoing economic advisor, gary come. mrtrump -- mr. trump spoke to reporters before leaving the white house. president trump: larry has been a friend of mine for a long time. he backed me early in the campaign, i think he was one of my original backers. he is a very, very talented man, a good man. . think larry has a good chance i am also speaking to many others. i think larry has a very good chance. >> the president...
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mrs. market. and some within the president's own part. >> larry kudlow is one of the staunchest supporters and cameut steadfast against it obviously today e's selloff had everything to do with the comments but this isn't selling off after all time highs this is after market turbulence that we've seen. the seeds have been sohn i think for this move. the president's comments fuelled the fire >> if the market wasn't doing what it is doing we'd not have had this reaction. monday night is everything -- >> my favorite band is steve leishman the band he plays in that's my favorite. >> friday night at bb king's by the way our man is playing bottom line, we have a dynamic, if you didn't know better on monday night you heard this tuesday morning, market is not down 130 bips. it is just not. >> we're a net importer of steel. a net user rather than a producer of some of these things throw up the autos throw up the industrials the areas that got hardest hit are the ones that are speaking out tonight in large part against the policy do you need to rethink some of the sectors. >> i own u.s.steel not because i was
mrs. market. and some within the president's own part. >> larry kudlow is one of the staunchest supporters and cameut steadfast against it obviously today e's selloff had everything to do with the comments but this isn't selling off after all time highs this is after market turbulence that we've seen. the seeds have been sohn i think for this move. the president's comments fuelled the fire >> if the market wasn't doing what it is doing we'd not have had this reaction. monday night...
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. >> we should probably add in addition the name kudlow, in addition to navarro has surfaced tonight as a potential replacement for mr. cohn. people come and go so quickly around here. thank you to our leadoff panel. >>> coming up for us, new trump comments on russian meddling and developments in the mueller investigation. >>> if it's tuesday, it must be election day somewhere, it is in texas. we have a late live report tonight from steve kornacki, when the 11th hour rolls along on a tuesday evening. you know what's awesome? gig-speed internet. you know what's not awesome? when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids, and these guys, him, ah. oh hello. that lady, these houses! yes, yes and yes. and don't forget about them. uh huh, sure. still yes! xfinity delivers gig speed to more homes than anyone. now you can get it, too. welcome to the party. >>> the russians had no impact on our votes whatsoever. certainly there was meddling, and probably there was meddling from other countries and maybe other individuals. i think you have to be really watching very closely
. >> we should probably add in addition the name kudlow, in addition to navarro has surfaced tonight as a potential replacement for mr. cohn. people come and go so quickly around here. thank you to our leadoff panel. >>> coming up for us, new trump comments on russian meddling and developments in the mueller investigation. >>> if it's tuesday, it must be election day somewhere, it is in texas. we have a late live report tonight from steve kornacki, when the 11th hour...
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. >> we should probably add in addition the name kudlow, in addition to navarro has surfaced tonight as a potential replacement for mr. cohn. people come and go so quickly around here. thank you to our leadoff panel. >>> coming up for us, new trump comments on russian meddling and developments in the mueller investigation. >>> if it's tuesday, it must be election day somewhere, it is in texas. we have a late live report tonight from steve kornacki, when the 11th hour rolls along on a tuesday evening. you walked together. you built your home again. my dna showed that i'm native american, and connected me to cousins who taught me about our tribe. my name is joseph reece, and this is my ancestrydna story. now with 10 million new family connections made every day. order your kit at ancestrydna.com so allstate is giving us money back on our bill. well, that seems fair. we didn't use it. wish we got money back on gym memberships. get money back hilarious. with claim-free rewards. switching to allstate is worth it. he gets the best deal on the perfect hotel by using. tripadvisor! that's because tripadvisor lets you start yo
. >> we should probably add in addition the name kudlow, in addition to navarro has surfaced tonight as a potential replacement for mr. cohn. people come and go so quickly around here. thank you to our leadoff panel. >>> coming up for us, new trump comments on russian meddling and developments in the mueller investigation. >>> if it's tuesday, it must be election day somewhere, it is in texas. we have a late live report tonight from steve kornacki, when the 11th hour...
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. >> you are watching "the closing bell," everybody, we are joined by larry kudlow who, is it official what do we call you? mrctor >> call me larry perfectly okay >> okay. >> she was one of my greatest guests with ratings through the roof on kudlow - >> e-mails right now from people offering congratulations >> many of them. >> thrilled for you. >> god bless all of them one night she's on, and no one comes down the set - >> let me review - >> taking her away from me, i can see it >> this is a statement from the cnbc chairman. larry is a thoughtful, tenacious, and gracious gentleman who possesses an encyclopedia knowledge of markets, and has the ability to make the most complex components accessib accessible he's been a part of the fabric of cnbc since its founding in 1989 we wish him well >> thank you extremely kind the last 25 years of my life have been tied up with cnbc, which changed my life, changed my profession, and it's been a family to me, and, however this works out, it will be god's will if there's an opportunity when my service is complete, i hope very much to come back and help cnbc it is my family
. >> you are watching "the closing bell," everybody, we are joined by larry kudlow who, is it official what do we call you? mrctor >> call me larry perfectly okay >> okay. >> she was one of my greatest guests with ratings through the roof on kudlow - >> e-mails right now from people offering congratulations >> many of them. >> thrilled for you. >> god bless all of them one night she's on, and no one comes down the set - >> let me...
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president's decision to enact new tariffs, but kudlow, who doesn't have an economics degree, also opposes tariffs, placing him at odds with both the president and mr. trump's top trade advisor. we'll talk about that and much more this hour with senator richard blumenthal of the judiciary committee. and congressman joaquin castro of the intelligence and foreign affairs committees and our experts and analysts, they are all standing by. first let's go to our senior white house correspondent, jeff zeleny who has the latest on the ongoing shake-up of the trump team. jeff, there's no sign that changes are over yet. >> reporter: wolf, that's right. president has told people that he's upset with members of his cabinet and something else could happen as early as tomorrow when the president returns from his trip to st. louis and california. wolf, all of this is coming as the president seems to be in a firing mood. another day of churn at the white house. president trump tapping long-time friend and tv financial analyst larry kudlow as his chief economic advisor. even as other top aides are on the hot seat tonight. as a cnbc commentator, kudlow has been shar
president's decision to enact new tariffs, but kudlow, who doesn't have an economics degree, also opposes tariffs, placing him at odds with both the president and mr. trump's top trade advisor. we'll talk about that and much more this hour with senator richard blumenthal of the judiciary committee. and congressman joaquin castro of the intelligence and foreign affairs committees and our experts and analysts, they are all standing by. first let's go to our senior white house correspondent, jeff...
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community saying don't rush into this that's the role that somebody like larry kudlow could bring to the table saying, mrou want to go hear out these people before you do that. i hate to keep saying this, but the process is important making sure the president doesn't rush into something before he hears what other people have to say >> greg ip, have to leave it there. thank you. >> thank you. >>> coming up, we will talk march madness. eric is here stopping by the set. >> today the first games of the ncaa tournament. we'll talk about everything involved there are billions of dollars at stake. "squawk box" coming back . >>> today marks the beginning of the ncaa tournament with the first four games today and tomorrow featuring rat ford versus liu, brooklyn and ucla versus st. bonaventure the selection committee conveniently -- had a high rpi for usc. >> the highest rpi of a power five conference team to not make the tournament >> not fair. louisville, have you heard anything about louisville courting chris mack from xavier? >> that's your account anything cincinnati based i defer to you >> oklahoma state, bu
community saying don't rush into this that's the role that somebody like larry kudlow could bring to the table saying, mrou want to go hear out these people before you do that. i hate to keep saying this, but the process is important making sure the president doesn't rush into something before he hears what other people have to say >> greg ip, have to leave it there. thank you. >> thank you. >>> coming up, we will talk march madness. eric is here stopping by the set....
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mr. cohn's part. they never had accesso the republican a-level staff but had the b-level. now we're going down to c and d. larry kudlow economic appointee. nice guy, i agree with him on a lot of ings. but phil tedlock is a sholar who studies disessionmakers and said kudlow is driven by ide ideology. john bolton who is a fox news analyst is anything but nw central on anything, and, so, what you just see is the wost personnel, more chaos. >> i agree with david. i just want to underline o point he paid, and that is, the way it's dondy, it's public humiliation, tillerson, in particular. but everybody is demind or denigrated in tweets afterwards. you know, again, i come back to ordinary americans just -- this is nt -- this is bullying. this is mean. this is ugly. this is nott what you wan a president. finally, just a personal note, and that isg 50 years ao today robert kennedy announced candidacy for president. i was lucky eough to work fo him in the primaries in nebraska, oregon and califord a, t totally unearned status and credit because i worked for robert kennedy, one ofgreat men of the 20th century, in retrospect. but
mr. cohn's part. they never had accesso the republican a-level staff but had the b-level. now we're going down to c and d. larry kudlow economic appointee. nice guy, i agree with him on a lot of ings. but phil tedlock is a sholar who studies disessionmakers and said kudlow is driven by ide ideology. john bolton who is a fox news analyst is anything but nw central on anything, and, so, what you just see is the wost personnel, more chaos. >> i agree with david. i just want to underline o...
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mr. pompeo, of course ambassador bolton and others. i think larry kudlow would be a great edition.sync with president trump. stuart: they are very much in sync with policy ideas, as opposed to trump the man, trump the performance, trump the tweet account. as opposed to trump's policies. they're very much, then letting trump be trump i suspect? >> i think that is exactly right. they understand his policies. in some ways better than the previous group that was there. they are very sympathetic to them. what he has done on trade has shown flexibility, but strength. if you look at what needed to be done, frankly the chinese took the wto and other other countries in the wto to the cleaners for years and years. united states said you can't do that there are rules how you conduct yourself here. i'm hoping they will be joined by allies. that is part of what ambassador bolton and trade team will be doing. stuart: you used to work closely with speaker paul ryan. >> i did. stuart: speaker ryan was very much part of this new spending bill which the president absolutely hates, which many republi
mr. pompeo, of course ambassador bolton and others. i think larry kudlow would be a great edition.sync with president trump. stuart: they are very much in sync with policy ideas, as opposed to trump the man, trump the performance, trump the tweet account. as opposed to trump's policies. they're very much, then letting trump be trump i suspect? >> i think that is exactly right. they understand his policies. in some ways better than the previous group that was there. they are very...
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Mar 16, 2018
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mr. mueller's probe is not a which hunt. -- witch hunt. yvonne: speaking of other news around the president, we have larry kudlow with the incoming economicg out with these bold comments, strong against china. strong on the dollar. do you think he is going to have much influence on economic policy? reporter: he seems to be an economic warrior. or at least a mouthpiece for the president. somewhat unusual to come out on television just after your appointment is announced and to be making market tips. strong on the dollar. so on gold. -- sell on gold. theing about things like central bank, which advisors do not tend to do publicly. it seems like he is going to side with the president. round of taxother cuts, things the president has championed. it seems like he is going to be a supporter of the president. gary cohn who came before him publicly feuded with the president on the tariffs. yvonne: we have been hearing some comments from the president when it comes to south korea. what is he hunting that -- hinting there? talkser: there are trade and negotiations occurring in washington right now between south korea and the u.s.. , weas come out a
mr. mueller's probe is not a which hunt. -- witch hunt. yvonne: speaking of other news around the president, we have larry kudlow with the incoming economicg out with these bold comments, strong against china. strong on the dollar. do you think he is going to have much influence on economic policy? reporter: he seems to be an economic warrior. or at least a mouthpiece for the president. somewhat unusual to come out on television just after your appointment is announced and to be making market...
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Mar 22, 2018
03/18
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mr. secretary. so i'm going to push back one more time and ask is larry kudlow on board with these tariffs? >> i mean you had begdinner wit the guy last night what were you talking about, the weather? what did he say? >> you should ask larry if you want to. but it is not me to paraphrase him. as you well know from his years in tv journalism, he is a very articulate spokesperson of his own views and i think he fully understands the strategy of negotiation in trade >> so before we let you go, let's be clear about this and get a bottom line here what do you tell investors and what do you tell ceos across this country are we going to have a trade war or will the administration make sure that we do not enter into a trade war? >> trade war is a matter of definition you could argue that there has been a trade war under way for decades. the only difference is that we had been relatively defenseless in it. so it is really a matter of definition i do not believe that there is anything we're doing that materially undermines any of the other programs of the president. in fact, i believe the end result
mr. secretary. so i'm going to push back one more time and ask is larry kudlow on board with these tariffs? >> i mean you had begdinner wit the guy last night what were you talking about, the weather? what did he say? >> you should ask larry if you want to. but it is not me to paraphrase him. as you well know from his years in tv journalism, he is a very articulate spokesperson of his own views and i think he fully understands the strategy of negotiation in trade >> so before...
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kudlow, conservative peter navarro adviser on the campaign. jason miller, david irvine worked in the campaign. any of those names sound like someone that could moderate the instincts of the president. they said mr. trump's increasingly damaging his playing rant right now. >> i don't know if any of those could moderate the president stands on tariffs or any economic policy. that is that the market is concerned about is kerry pointed out another 1000-point drop if the terror situation doesn't straighten itself out. one thing important to remember if you're a long-term investor is markets go up over the long term and whether it had good presidents come and bad presidents, terrorists, all economic policy wars, markets to go. we could get a significant direction even if things continue to go in the same direction. over the long term investors are just fine. trade tracey worried about this right now. you seem to be worried we could see it trade war. our investors certainly felt comfortable with mr. cohn. lea: more bad news for the embattled weinstein company. could've saved assets has collapsed. lauren: tracee carrasco with more news. >> the weinstein co. headed towards bankruptcy after his would-be
kudlow, conservative peter navarro adviser on the campaign. jason miller, david irvine worked in the campaign. any of those names sound like someone that could moderate the instincts of the president. they said mr. trump's increasingly damaging his playing rant right now. >> i don't know if any of those could moderate the president stands on tariffs or any economic policy. that is that the market is concerned about is kerry pointed out another 1000-point drop if the terror situation...
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Mar 15, 2018
03/18
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reporter: kudlow's appointment comes as the president has been complaining that his cabinet fell well short of his expectations and he wants to purge the deadweight. sources tell cnn that mr. trump is growing increasingly frustrated with david sul shulkin and ben carson. betsy devos causing alarm after failing to answer questions about schools in public interviews. >> have public schools in michigan gotten better? >> i don't know. overall -- i can't say overall they have all gotten better. i have not intentionally visited schools underperforming. >> reporter: anxiety growing over additional departures as new documents obtained by cnn directly link another trump organization employee with efforts to silence stormy daniels about her alleged affair with the president. the documents show jill martin, a senior lawyer with mr. trump's company, filed an arbitration document against daniels last month. michael cohen, the president's personal lawyer, still insists he was acting alone and in his personal capacity when he paid her $130,000. and the second lawyer, jill martin, says she was acting privately as an attorney for cohen when she filed those documents that cnn uncovered. we
reporter: kudlow's appointment comes as the president has been complaining that his cabinet fell well short of his expectations and he wants to purge the deadweight. sources tell cnn that mr. trump is growing increasingly frustrated with david sul shulkin and ben carson. betsy devos causing alarm after failing to answer questions about schools in public interviews. >> have public schools in michigan gotten better? >> i don't know. overall -- i can't say overall they have all gotten...
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Mar 19, 2018
03/18
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kudlow is set to replace gary cohn. >> a senior advisor to hud secretary ben carson resigned today. >> in treasury department is finally sanctioning russia today. >> breaking news now. >> mr. mueller is now subpoenaing -- subpoenaing the trump organization itself. >> the president is about to remove national security advisor h.r. mcmaster. >> was she threatened in any way? >> yes. >> was she threatened physical harm? >> yes. >> president trump is expected to call for the death penalty to punish some traffickers. >> russian hackers are targeting the u.s. power grid. >> jeff sessions has just fired andrew mccabe. >>> i understood early that facebook was how donald trump was going to win. twitter is how he talked to the people. facebook was going to be how he won. >> and facebook is how he won. >> i think so. i mean, i think donald trump won, but i think facebook was the method. it was the highway in which his car drove on. >> after mr. trump won, cambridge analytica said it was key to the victory, but parscale said he never used psycho gravgs. he said it doesn't work. >>> so, you didn't use it because you didn't think it really worked as opposed to you didn't use it because
kudlow is set to replace gary cohn. >> a senior advisor to hud secretary ben carson resigned today. >> in treasury department is finally sanctioning russia today. >> breaking news now. >> mr. mueller is now subpoenaing -- subpoenaing the trump organization itself. >> the president is about to remove national security advisor h.r. mcmaster. >> was she threatened in any way? >> yes. >> was she threatened physical harm? >> yes. >>...
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Mar 15, 2018
03/18
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mr mcmaster stays for now. we'll see if it changes by next week. we'll get you back in if it does because it changes a lot. the appointment of larry kudlow television commentator and here's what he did last night, christian, when he was on television himself. he spoke very unusual this about how he was called and asked to be in the trump administration. his a nswer be in the trump administration. his answer was the president called me, told him he'd seen him on television and said that he was very handsome. opec smack there is hope for us all. you should be sending in your resume. you look handsome on tv. do you think he'd read it?|j resume. you look handsome on tv. do you think he'd read it? i think it would have to be a picture of you on television. lycos is all real, my bad clips. there a valid point to be made that the president needs to have around him any president needs to have around them a team with which they are comfortable and we've seen the changes in the state department. he was clearly not co mforta ble department. he was clearly not comfortable with rex tillerson. he was clearly not comfortable either with gary cohen, so
mr mcmaster stays for now. we'll see if it changes by next week. we'll get you back in if it does because it changes a lot. the appointment of larry kudlow television commentator and here's what he did last night, christian, when he was on television himself. he spoke very unusual this about how he was called and asked to be in the trump administration. his a nswer be in the trump administration. his answer was the president called me, told him he'd seen him on television and said that he was...
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Mar 15, 2018
03/18
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mr. trump was unaware of any payments. in the meantime the president confirming in a tweet this morning that larry kudlow will be my chief academicsecretary of state and. gene has kikell facing new scruy with questions about the extent of her role in carrying out bush administration orlandos to water board detainees in secret prisons oversea which, many call torture. >> to promote the head cheerleader for water boarding to be head of the cia. how could you trust someone who did that to be in charge of the cia? >> she did her duty. he was asked to do hard things on behalf of her country. by her direct, by her country and with the sanction and validation of the department of justice at the time. squl as for trade today president trump tweeting we do have a trade deficit with canada. as we do with almost all countries. pm trudeau of canada a very good guy doesn't like saying that canada has a spark plugs versus the u.s. but they do. they almost all do. and that is how i ohno. but according to the federal government the u.s. has a spark plugs, hoda. >> christen thanks. >>> estimated 1 million students took part in the school walk out
mr. trump was unaware of any payments. in the meantime the president confirming in a tweet this morning that larry kudlow will be my chief academicsecretary of state and. gene has kikell facing new scruy with questions about the extent of her role in carrying out bush administration orlandos to water board detainees in secret prisons oversea which, many call torture. >> to promote the head cheerleader for water boarding to be head of the cia. how could you trust someone who did that to be...
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Mar 15, 2018
03/18
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kudlow. >> he's a hard worker. >> what about the presumptive tensions within the west wing over trade, presumably between him and mrnavaro but also secretary ross that's been more inclined toward a protectionist stance. >> first of all, i'm sure you watched house of card and west wing presumptive tensions is an understatement there's always tensions in the west wing. it depends on the individuals involved i'm sure that larry will get along with everyone there. it's all part of the game. >> do you worry about trade policy >> we're in a difficult state in trade policy we sign trade agreements 25 or 30 years ago based on conditions 25 and 30 years ago. mexico and china it's gotten rich and now probably has a larger gdp than we do. it doesn't mean we should have the same lopsided trade policy that we did in order to encourage the chinese to develop. >> so if i infer from what you're saying there it might be what we heard larry kudlow say a few moments ago and that is that he favors fair trade between the u.s. and china and there needs to be some rebalancing even through negotiations and tariffs with respect to the chin
kudlow. >> he's a hard worker. >> what about the presumptive tensions within the west wing over trade, presumably between him and mrnavaro but also secretary ross that's been more inclined toward a protectionist stance. >> first of all, i'm sure you watched house of card and west wing presumptive tensions is an understatement there's always tensions in the west wing. it depends on the individuals involved i'm sure that larry will get along with everyone there. it's all part of...