• Larry Kudlow says US in ‘deep review’ of TikTok’s deal with Oracle

    Larry Kudlow says US in ‘deep review’ of TikTok’s deal with Oracle

    White House economic adviser Larry Kudlow on Wednesday said the US was in a “deep review process” of a deal Oracle struck with the popular video-sharing app TikTok’s Chinese parent company. Kudlow says “security and ownership” were important to President Trump in the review process. Earlier Wednesday, White House press secretary Kayleigh McEnany said the …
  • WH economic adviser expects US unemployment rate to return to single digits

    WH economic adviser expects US unemployment rate to return to single digits

    White House economic adviser Larry Kudlow on Thursday said he expects the US unemployment rate to return to single-digit levels as early as this month and growth in the third quarter at 20 percent or more as the economy recovers from the recession triggered by the coronavirus pandemic. “The key point that I would make …
  • President Donald Trump's top economic adviser Larry Kudlow denies believing systematic racism exists

    President Donald Trump's top economic adviser Larry Kudlow denies believing systematic racism exists

    President Donald Trump’s top economic adviser Larry Kudlow has denied the existence of systematic racism.  Kudlow, responding to a reporter’s question Wednesday on whether he believes systematic racism exists in the US answered, ‘I do not.’  He repeated his answer twice when the reported pressed him on his answer which comes as thousands have marched …
  • Slash tax rate in half for corporations returning to US, White House adviser suggests

    Slash tax rate in half for corporations returning to US, White House adviser suggests

    White House Economic Adviser Larry Kudlow on Friday floated the idea of cutting the corporate tax rate in half for US companies who bring their operations back from other countries. “Why not provide a 50 percent discount for the corporate tax rate if you’re moving from outside the US to the US?” Kudlow told reporters …