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Transcripts For CNBC The Profit 20240712

This company will capsize. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost. Lemonis as 50 50 partners, their goal is to bring professionallooking sports shirts to amateur fishermen. Katie we only need five small. Justin okay. But were short this material for all this . Katie correct. Lemonis with little experience in the apparel industry, they set up a fullservice operation in lawrence, illinois, where they cut, sew, and print customizable garments. Katie i expect at least two to three more of these today. Justin we

Transcripts For CSPAN2 Larry Kudlow Speaks With White House Reporters 20240713

Weekend on cspan3. The president is due at a rally in tupelo, mississippi, within the next few minutes. Well is have live coverage as he campaigns for Lieutenant Governor tate reese whos running for governor in tuesdays election. Until the president arrives and starts, heres white house economic director larry kudlow talking with reporters today about the latest jobs numbers. Yesterday the president [inaudible] the impeachment effort is holding back the stock market. Do you believe thats true . Yes, i do, actually. Why . Because i think fundamentally, and, you know, your network has reported some pretty prominent, famous investors Lee Cooperman among them, Lloyd Blankfein among them who do not want to see a change in President Trumps economic policy. They like the tax cut incentives, they like the rollback of regulations, they like the opening in the energy sector, and they like the fact that the president is trying to reduce trade barriers and is engaging china in order to protect ame

Transcripts For CSPAN Larry Kudlow Speaks With White House Reporters 20240713

Engaging china in order to protect american the American Economy and defend the american workforce. They like those policies. The stock market, which is up about 20 year to date, which i would argue, by the way, is predicting Better Business conditions ahead. The stock market has benefited from these incentiveoriented, supplyside, marketdriven policies and they dont want to see change. When you get these votes and so forth and im not here to talk about the chronology of impeachment, but nonetheless, yes, i think the impeachment story in fits and starts has hurt the stock market. I think President Trump was right. I will say this. It is not my lane, but i want to say a couple things about his. Number one, having read that transcript of the phone call probably a dozen times, it just seems so clear to me there is no problem with it. Here is no legal problem, no impeachable problem, it was a congratulatory phone call, and with respect to our concerns about the military assistance to ukrain

Transcripts For CSPAN2 Larry Kudlow Speaks With White House Reporters 20240713

Yesterday the president tweeted that the impeachment effort is holding back the stock market. Do you believe that is true . Yes i do actually. Because i think fundamentally, your network has reported some pretty prominent famous investors, lee cooperman, lloyd blank fine among them, who do not want to see a change in Donald Trumps economic policies. They like the taxcut incentives, they like the rollback of regulations, they like the opening in the Energy Sector and they like the fact that the president is trying to reduce trade barriers and is engaging china in order to protect the American Economy and defend the american workforce, they like those policies and the stock market which is up about 20 , s p, yeartodate, which i would argue is predicting Better Business conditions ahead, the stock market has benefited from these incentive oriented supplyside markets and they dont want to see a change. When you get these votes and so forth. Im not here to talk about the chronology of impea

Transcripts For CSPAN Larry Kudlow Speaks With White House Reporters 20240713

Engaging china in order to protect american the American Economy and defend the american workforce. They like those policies. The stock market, which is up about 20 year to date, which i would argue, by the way, is predicting Better Business conditions ahead. The stock market has benefited from these incentiveoriented, supplyside, marketdriven policies and they dont want to see change. When you get these votes and so forth and im not here to talk about the chronology of impeachment, but nonetheless, yes, i think the impeachment starts hasts and hurt the stock market. I think President Trump was right. I will say this. It is not my lane, but i want to say a couple things about this. One, having read that transcript of the phone call probably a dozen times, it just seems so clear to me there is no problem with it. There is no legal problem, no impeachable problem, it was a , andatulatory phone call with respect to our concerns about the military assistance to ukraine, those concerns were

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