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"With respect to Bill Dudley, whom I have known for many years, Bill Dudley went over the cliff..." Larry Kudlow

September 6, 2019

White House economic adviser and Director of the National Economic Council Larry Kudlow slammed former New York Fed president Bill "Deep State" Dudley, who wrote in a stunning Bloomberg op-ed that the central bank should avoid cutting interest rates in order to soften the economic impact of President Trump's trade war with China. 

 

"With respect to Bill Dudley, whom I have known for many years, Bill Dudley went over the cliff," Kudlow told Bloomberg Television's Jonathan Ferro on Friday, adding that Dudley was politicizing the independent Fed - while arguing that President Trump's constant criticism of Fed chairman Jerome Powell don't amount to the same interference. 

 

"That is the most politicized statement I have ever heard," Kudlow said. 

 

FULL REPORT

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