Veteran financial expert Larry Kudlow served as the senior economic adviser for Donald Trump's presidential campaign, but he said Sunday he "would love" to see Democrats serving in the Republican candidate's cabinet.
“I would love to see several Democrats in the cabinet, and a Democratic treasury secretary [i.e. Jamie Dimon] would be very good," Kudlow told radio show host John Catsimatidis on his Sunday talk show, "The Cats Roundtable," airing on New York's' AM 970 The Answer.
There have been reports that Kudlow is Trump's choice to chair the Council of Economic Advisers and potentially to become Janet Yellen's replacement as chairman of the Federal Reserve, and last week, he told Newsmax TV's Steve Malzberg that if Trump asks him to serve, "I'm sure I will have a positive response."
Kudlow also commented on the stock market, noting that the "conventional scuttlebutt" was that the market wanted Hillary Clinton to win the election, because "she was the safe choice."
"When it looked like her fortunes were falling, stocks were selling off for a week or so," Kudlow said. "Now that's all changed. Tuesday night, stocks were down, but Wednesday morning dawns, markets soar over 300 percent."
Trump's growth plan, he continued, including individual tax cuts, help for small business, Obamacare reform, and a push for energy development are "very reminiscent" of tax cuts proposed by former Presidents John F. Kennedy and Ronald Reagan.
"Trump has the juice in his policies to get us back to much faster growth rates," said Kudlow, and that will be good for the economy and more.
"Right now, I think it's the Trump bull market," Kudlow told Catsimatidis.
Meanwhile, Kudlow said he doesn't know if the Dodd-Frank act should be dismantled, or if it should be reformed. He said he does agree the Consumer Financial Protection Bureau should be "curbed," as it is a "classic case where an agency has gone rogue with too much power.”
Sandy Fitzgerald ✉
Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics.
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