Fox Business host Larry Kudlow speaks out against President-elect Donald Trump and assesses his 2025 agenda on 'Kudlow.'
Donald Trump's red-hot honeymoon continues on a roll, and that's what the riff is all about. Trump successfully convinced Senate Republicans to get one of his big, beautiful bills strategy tax cutBorder closure, energy production and reduction of the government of the DOGE brothers.
So, the blue-collar boom could really start this year, to make good on Mr. Trump's promise to his working-class coalition. He's eyeing a universal tax that could raise $500 billion a year. Republican House Speaker Mike Johnson is putting together a big, beautiful coalition to pass the reconciliation bill.
CEOs far and wide who have opposed Trump in the past are all pouring a million or more into Trump's inauguration. Mater Mark Zuckerberg ended censorship on Facebook and Instagram, and Zuckerberg plus Amazon's Jeff Bezos are both ending DEI.
These are the fastest growing jobs in the US, says LinkedIn
'Kudlow' panelists John Carney and Brian Brenberg discuss job growth and Fed action.
Major Wall Street banks have fled the all-awake climate net-zero ESG alliance. The pathetic Judge Marchan and the equally pathetic DA Bragg gave Trump an “unconditional acquittal.” Every other gun law case against Trump has collapsed.
An appeals court has blocked any reporting of Jack Smith or Merrick Garland — at least for now. Vladimir Putin wants to meet Trump. Xi Jinping is sending an envoy to his inauguration and Mr. Trump is preparing a flood of new executive orders to overturn Joe Biden's big government regulatory socialism.
To name a few that may be announced on January 20th, we hope to: end stay in Mexico, arrest and release, deportation and illegal immigrant air flights.
Also, ending the EV mandate, rolling back the offshore drilling ban for fossil fuels, restarting ANWR and ending the LNG export moratorium. practically, Mr. Trump The end of the Biden administration, and its no-nonsense policy and even today's jobs report — which surprised Wall Street to the upside — are being touted by some as further evidence of the “Trump effect.”
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In light of the big jump in small business confidence immediately after the election, it may well be that part of December's job gains are related to the incoming president's pro-growth agenda. Meanwhile, financial markets are throwing a temper tantrum at Federal Reserve chief Jay Powell because he and his PhD holders got the interest rate and economic story wrong — again.
The Fed lowered rates, but the market raised them. It's called a sign of distrust, but the man who's got a lot of confidence right now is Donald J. Trump. That's the riff.
This article is adapted from Larry Kudlow's opening commentary for the January 10, 2025, edition of “Kudlow”.