Billionaire GOP donor Ken Langone reverses course on Trump after calling tariffs ‘bulls–t’
Billionaire GOP Donor Ken Langone Praises President Trump’s Leadership
Ken Langone, co-founder of Home Depot and chairman of NYU Langone’s board of trustees, recently shared his positive views on President Trump’s performance in the White House. This comes as a surprising turnaround from his previous criticism of Trump’s tariffs as “bulls–t” just a few months ago.
During an appearance on CNBC’s “Squawk Box,” Langone expressed his satisfaction with Trump’s presidential behavior and the quality of people surrounding him, including former Fed governor Kevin Warsh.
In April, Langone had openly criticized Trump’s tariffs, raising concerns about inflation and the budget deficit. However, he now believes that the GOP tax bill will lead to significant economic growth and increased tax revenues.
Despite initial market concerns over Trump’s tariff threats, recent developments have shown resilience in the face of potential economic challenges. Langone commended Trump for his ability to get things done and expressed optimism about the future of America.
Aside from discussing economic matters, Langone also addressed the issue of rising antisemitism, particularly among young Americans. He criticized Zohran Mamdani, a socialist politician, for his controversial views and lack of condemnation towards harmful rhetoric.
Overall, Langone’s recent remarks highlight a shift in his perspective on President Trump and his administration, as well as his outspoken stance on societal issues like antisemitism.
