Trump economic adviser's wife applies for small business loan amid rollout chaos

  • 📰 ABC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Kudlow, whose personal assets are reportedly valued at a maximum net worth of $2 million, touted how simple it was for his wife to take out a loan for her business under the Small Business Administration loan program.

The latest news and biggest developments to keep you informed about the deadly pandemic.

Judith Kudlow and Larry Kudlow attend the New York City Ballet's Spring 2013 Gala at David H. Koch Theater, Lincoln Center, May 8, 2013, in New York City. The Paycheck Protection Program, created under the $2 trillion stimulus package Congress approved last month, offers small business owners federally-backed loans that will be forgiven if the money is used to keep employees on payroll.

Senate Majority Leader Mitch McConnell walks to the Senate floor to try and add an additional $250 billion to small business coronavirus relief funds, at the Capitol in Washington, April 9, 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What is Larry Kudlow’s wife taking government bailout money for? He couldn’t spot her some cash

Why are Republicans and Trump able to get away with slush funds,lack of oversight & big wins for the wealthy & corporations in these stimulus packages? We demand transparency, accountability, oversight and help for the people and small businesses (not Trump, donors & cronies).

Personal assets of $2 million is not crazy rich. Small business owners usually have a good majority of $ wrapped up in a business.

If she qualifies, what’s the problem?

His wife has her own business. As someone who struggled to keep my career completely separate from my husbands I can assure you she takes her business extremely seriously. As a small business owner she has every right to apply for a loan to keep her business afloat.

Does she have employees?

Give it to the USPS instead of a spoiled brat with plenty of money to play “art store”

2 million? Haha that’s peanuts compared to the average politician.

Maybe her last name has to do with it, or could be some name dropping perhaps?

White and rich

Abuse of power if she was able to do it and receive money that quick before those who applied before her and they haven't heard a word if they were or weren't approved for one.

KeithOlbermann I have a 32 year old 2 person small herbal business We aren't eligible for the SBA loans, although we've been registered since 1991 We provide condition based herbal tinctures/products built on worldwide nutritional, environmental & supplemental therapies & opioid weaning

Disgusting

Yet I haven’t! With office rent, business insurance and lots of other bills piling up. Including Georgia department of revenue hitting me with late fee payment, and yet, I have not received the SmallBizRelief loan. I guess I’m probably not rich enough ☹️

I thought no one in the administration could get the stimulus?

He probably knows someone in the Government that helped his wife with that. 😂

Intelligent people can do the paperwork. Idiots can't

Fear and panic.

The question is how many people does she employ? If she has no employees then he can look after her while everything is shut down

Here we go every member on the task force for restarting America will be under attack every day on the Democratic controlled media . The will be run thru the media, by media so called experts. The media will dig up any and all the dirt they can find . Then create more

So what? nothingtoseehere fakenews

Well good for her!

is the point that his wife is an ineligible American citizen? how is the expose on hunterbiden coming abcnews? realDonaldTrump waiting on the results.

Who could have saw this coming the rich getting special treatment at our expense

This is disgusting!!!

I believe the law is EVERY one gets one. It's just better when the State and Business work as one.

I can’t get a loan.

Probably why Republicans wanted to add to it

Of course! She has the direct line

For ugly paintings of his ties! 😡 Real people are suffering and Trump and his buddies are profiting 😡

Whoever is approving these loans and this bull crap happens should be fired.

KeithOlbermann

$2 million that we know about. He won’t tell you about those off shore accounts or assets that are in the names of family members.

That is shitty

KeithOlbermann 🤬🤮🤬🤮

How many other CONNECTED Millionaires family members have pigged out at this trough

KeithOlbermann So what? Is there a point?

KeithOlbermann Her still life paintings of Larry’s shirts and ties, *baker’s kiss* so special.

WTF

25AmendmentNow !!!!!

Simple huh? No chance the loan administrators said “You know who her husband is? Make this one happen today.”

This is what is wrong with America. The swamp creatures that surround Trump.

KeithOlbermann Are they serious with that net worth figure? He has more than that stashed in his couch.

KeithOlbermann If Kudlow has only 2 million net why is he thought of as a financial genius.

Rich moron

He must suck at handling money. If I made what he made during his life, I'd be worth a lot more than $2 million.

Yeah I’d rather take my better half’s economic advice. Definitely more qualified.

Thats how it works.. the peasants pay taxes the wealthy rob the bank.

money talks, b****** walks and who you know

That is why the democrats set up a review board that was dismantled by the incompetent president trump.

The swamp is overflowing.

KeithOlbermann Typical rich & political favor taking advantage of the system instead of helping regular people who are not millionaires

And if I went into the same bank and applied for the same loan, I would be treated exactly the same as your wife? And what does she need the loan for anyways. Did she run out of your ties and shirts she needs to paint?

Isn’t that a special moment for all of us....

Now do Bernie Sanders crook wife.

Yes you can see why potus wanted him in the administration.

larry_kudlow, this is abhorrent. You have millions in your household & your wife is taking funds that should go to a struggling small business? Shame on you for your greed. realDonaldTrump didn’t drain the swamp, the swamp surrounds him.

Yup...and here I am a week later with absolutely zero response on the loans I applied for. Here this millionaire gets it in a day. Didn’t this also happen with Jared in the range of 300 million?

His wife paints pictures of his dress shirts and ties, w/o him in her pictures. What small business is THAT!? What sort of Freudian subconscious wish is she trying to express anyways!?

See, grubby old GRIFTERS

It's very easy. My boss got his funding a few days after submitting his payroll documentation. It's a very good loan, btw. But hey, abc, don't let this stop the snark. Carry on, Fakenews

Two million in DC is not really rich. Her business is seperate from personal assets although often secure Commercial loans,

I’m sure she needs the money. This is a disgrace. People can’t pay bills, do not have food and reading this bullshit makes me angry. How is this ok? Disgraceful

Is this news? What is newsworthy about a bisiness applying for a small business loan?

Sounds fishy to me. It's to help businesses with payroll and rent/mortgage for their business.

FFS are there no more laws in America anymore are you all blind to the corruption that is going on there or what?

So her business has zero to do with his assets and are required to legally be kept separate because of tax laws, but you knew that. Disney News Never let up on the hacktivism

Corruption

Far past time to drain this swamp. DrainTheTrumpSwamp

still waiting for mine...

Only $2million I’d that a typo?

And ?

He’s only worth $2mm?

She should have saved several months worth of emergency expenses.

So they are not only thief but idiots

And why are telling us something we already. The administration and there friends are all committing crimes that ordinary people serve life sentences for.

You can't make this stuff up. The Wall Street Huckster in the WH. How Convenient!

Are you Fu$!&! Kidding me

And?

Gee. I wonder why it was so simple

Fkn oligarchy...screw all of them! Blood on their hands TrumpOwnsEveryDeath

Ummmm.. who cares.. she has a business to run. This is the kind of SHIT that makes people HATE YOU

I am sure it was... Simple

This entire administration is clueless.

So what’s the big deal? He is an American citizen and he pays his taxes? Come on people this shouldn’t be news. People in the Government with bigger net worth’s are doing this.

These goons of Trump's aren't even hiding how corrupt they are.

Hahaha do you not understand how business works?

Kudlow is only worth $2mil? What a slacker.

Man who created program says it works great for his family 👍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in BUSİNESS

Business Business Latest News, Business Business Headlines