*By Carlo Versano*
The White House dispatched chief economic adviser Larry Kudlow to speak to reporters Thursday morning as markets turned deep red in a day marked by volatility and which added to the sell-off in tech stocks.
Kudlow told Cheddar's J.D. Durkin the administration remains bullish on the economy ー and he noted that the tech sector, in particular, was up 50 percent since President Trump's election, "even with this correction."
"That ain't bad," he said.
Kudlow wouldn't disclose whether he advises Trump to speak less critically of the actions of the Federal Reserve ー for which presidents typically reserve a church-and-state type attitude. Trump, for his part, called the Fed "loco" on Wednesday for raising interest rates.
Kudlow told Cheddar: "The advice I give to the president is the advice I give to the president. It's entirely private."
Documents with classified markings were discovered in former Vice President Mike Pence's Indiana home last week, his lawyer told the National Archives in a letter — the latest in a string of discoveries of confidential information in private residences.
A second mass shooting in California, four Oath Keepers found guilty of seditious conspiracy, and Poland pushes for more tanks for Ukraine. Here is everything you Need2Know for Tuesday, January 24, 2023.
Rachel O’Leary Carmona, the executive director of the Women's March, joined Cheddar News to discuss the current state of abortion care in the United States.
President Joe Biden is expected to tap Jeff Zients, the administration’s former COVID-19 response coordinator, as his next chief of staff.
New York, Connecticut and Virginia are among states where proposed legislation would prohibit anyone convicted of participating in an insurrection from holding public office or a position of public trust, such as becoming a police officer.
Sen. Dick Durbin, the second-ranking Democrat, and familiar Biden critic Sen. Joe Manchin each sharply criticized President Joe Biden on Sunday over Biden's handling of classified materials after the FBI discovered classified documents at his home.
Women's marches across the country demanded the protection of abortion rights on Sunday, the 50th anniversary of the Supreme Court decision to legalize the medical procedure that was struck down by the court last year.
Thousands of pro-life activists gathered at the National Mall in Washington, DC, for the ‘March For Life,’ marking the first time the event was held in the post-Roe v. Wade era.
Cheddar News discusses a new State Department program, the ‘Welcome Corps’ that will allow private U.S. citizens to sponsor refugees from around the world.
The U.S. has surpassed its $31.4 trillion debt limit, leading the Treasury Department to implement extraordinary measures.
