‘Oh, geez.’ Nancy Pelosi’s hateful rhetoric about GOP and minorities takes CNBC’s Jim Cramer off guard

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House Speaker Nancy Pelosi spit out a blistering rebuke of Republicans over negotiations on the next coronavirus stimulus bill.

The California Democrat’s hateful rhetoric on the priorities of Republicans working out differences in the stimulus package momentarily shocked CNBC’s Jim Cramer who was asking her about finding common ground in getting help to the “disenfranchised.”

Democrats and Republicans seem miles apart from any consensus on a coronavirus relief agreement, despite language on both sides of the aisle vowing that help is coming for Americans who are barely hanging on after months of economic strain due to the coronavirus pandemic.

Disputes among lawmakers continue over unemployment insurance, relief funding for city and local governments as well as schools. White House chief of staff Mark Meadows told reporters on Thursday that the Trump administration and Democrats remain “trillions of dollars apart.”

“At this point we’re either going to get serious about negotiating and get an agreement in principle or — I’ve become extremely doubtful that we’ll be able to make a deal if it goes well beyond Friday,” he said.

Republican Senate Majority Leader Mitch McConnell told CNBC on Thursday that “Exactly when that deal comes together I can’t tell you, but I think it will at some point in the near future.”

A short time later, Pelosi reiterated on CNBC that an agreement would be reached soon. The Democrat leader, along with Senate Minority Leader Chuck Schumer, has had meetings with Meadows and Treasury Secretary Steven Mnuchin, touting progress being made.

“Will we find a solution? We will,” Pelosi told “Mad Money” host Jim Cramer on Thursday. “Will we have an agreement? We will.”

But Cramer pressed her about tensions and disagreements that have slowed the passage of yet another emergency relief package.

“Why can’t you go across the aisle and say, Rep. Lewis, civil rights legend, would have loved it if we could do something for the totally disenfranchised in this country. Can we give a huge chunk of money to the people who are disenfranchised, to the minorities who want so badly to stay in business and can’t? And the people who are trying to go to college or who have student loans who are minorities, who are the most affected because they have the least chance in our country? That’s gotta be something that both sides can agreed to,” the CNBC host asked.

Pelosi’s acerbic response caught him off guard.

“Perhaps you mistook them for somebody who gives a damn, for what you just described,” she said.

“Oh, geez,” Cramer could be heard reacting off-camera.

“That’s the problem,” Pelosi doubled down. “See the thing is, they don’t believe in governance. And that requires some acts of governance to do that.”

She went to note that what Cramer had described was just what Schumer was proposing.

“You described Chuck Schumer’s proposal exactly,” she laughed, going on to tout some of the ideas Democrats are pushing to get money into the hands of those “who need it the most” in an effort provide a “stabilization” of the economy.

She also noted proposals to help the devastated hospitality industry by providing a lower threshold to qualify for a second loan, leading to “many jobs, many entry-level jobs, many union jobs, many people-of-color jobs.”

Viewers slammed Pelosi for her CNBC comments and gave Cramer an earful as well for not pushing back against the rhetoric.

 

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