Director of the National Economic Council and President Donald Trump economic advisor Larry Kudlow preached calm Monday to investors during an interview with Fox Business host Stuart Varney.
Kudlow encouraged investment in the markets – billing the most recent Dow plunge as an “opportunity to buy.”
“You’ll do whatever it takes?” asks Varney referring to the Trump administration taking every possible move to minimize the economic impact of the coronavirus.
Kudlow responded, “That’s correct. That’s exactly right.”
“Look, the president said, I don’t know, a week or so ago that we will use whatever powers there are, whatever powers there are from the federal government and the Executive Branch and the Legislative Branch.”
“And I think — I think Steven Mnuchin said yesterday that actually