Authored by Steve Watson via Modernity.news,
Home Depot co-founder Ken Langone, one of the nation’s most successful business owners, shocked CNBC hosts Tuesday by declaring that he is now completely in awe of President Trump.
Langone, who last year stated that he wouldn’t vote for Trump proclaimed “I am sold on Trump … I think he’s got a good shot at going down in history as one of our best presidents ever.”
The stunned CNBC host noted “That is a REAL turnaround, because you didn’t want to vote for him!”
🚨 BREAKING: In a stunning turnaround, the founder of HOME DEPOT, who did not want to vote for President Trump, is shocking the business world.
He also opposed tariffs.
Now?
“I am SOLD on Trump.”
“I think he’s got a good shot at going down in history as one of our best… pic.twitter.com/wH8gbimR7Z
— Eric Daugherty (@EricLDaugh) July 15, 2025
“I’ll tell you the reason…I’m a believer. What I’m seeing happening is absolutely nothing short of a great thing,” Langone responded.
He further urged, “And there’s a beat. People are walking with more bounce…I think this guy is turning out to be a [great] president.”
Langone has also flipped on Trump’s tariffs, noting “Initially, my concern was, I DON’T like tariffs…however, dammit, give Trump credit! His instincts are good! Some of these things need to be fixed!”
He flipped on tariffs.
“Initially, my concern was, I DON’T like tariffs…however, dammit, give Trump credit! His instincts are good! Some of these things need to be fixed!” pic.twitter.com/o8bIHkX2Dy
— Eric Daugherty (@EricLDaugh) July 15, 2025
Langone further emphasised “When you made a mistake, admit it,” also revealing that he is in favour of Trump’s One Big Beautiful Bill.
“I was worried about inflation and the deficit, but I think it might trigger such significant economic growth that we could see tax revenues going up through the profitability bracket,” Langone noted.
Home Depot founder Ken Langone on the One Big Beautiful Bill: I was worried about inflation and the deficit, but I think it might trigger such significant economic growth that we could see tax revenues going up through the profitability bracket. pic.twitter.com/oabL7Knd78
— Breaking911 (@Breaking911) July 15, 2025
But I thought the left keeps saying even Trump supporters regret voting for Trump?! You mean to tell me that not only is that not true but now even people who didn’t vote for him or like him are supporting him?! Color me shocked!
— Kylie Jane Kremer (@KylieJaneKremer) July 15, 2025
That’s a significant shift coming from someone so influential in the business world. It shows how perspectives can evolve based on real-world impact and leadership performance. It’ll be interesting to see how this endorsement resonates with others in the business and political…
— Satyam Singh (@Satyam2831) July 15, 2025
It takes humility to admit you were wrong.
— News Nomad 🗞 (@The_Nomad_News) July 15, 2025
I’m sure the producers at CNBC were pulling their hair out!😅
— Marisa Hastings (@MarisaHastings1) July 15, 2025
Back in May, Home Depot announced that it doesn’t expect to boost prices because of tariffs.
“We don’t see broad based price increases for our customers at all going forward,” said Billy Bastek, executive vice president of merchandising.
NEW: Home Depot says it will NOT raise prices in response to U.S. tariffs
CFO says more than half of the company’s merchandise comes from the U.S.
“Twelve months from now, no single country outside of the United States will represent more than 10% of our purchases” pic.twitter.com/H1PJYpqyM8
— Breitbart News (@BreitbartNews) May 20, 2025
In June, the US government saw a surplus as tariff collections under Trump’s presidency increased to just over $27 billion.
US government posted a budget surplus of $27 billion in June, which is largely attributed to a surge in tariff revenue. This marks the first June surplus since 2017. I’m sure you saw this in legacy media…well, maybe not. pic.twitter.com/L4rAbkAoRm
— David Asman (@DavidAsmanfox) July 13, 2025
May saw a $316 billion deficit. The fiscal year-to-date deficit after June is $1.34 trillion, which is up five percent from 2024.
NEW: Tariff revenues grew to a record $27.2 billion in June — producing a $27 billion federal budget SURPLUS for the month. pic.twitter.com/X2jJzb2GPS
— Rapid Response 47 (@RapidResponse47) July 11, 2025
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Tyler Durden
Tue, 07/15/2025 – 22:35
English 