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CNBC host Jim Cramer apologizes for calling Pelosi 'Crazy Nancy' during interview

CNBC host Jim Cramer apologizes for calling Pelosi 'Crazy Nancy' during interview”

"I'm not a, you know, a paid spokesman for why I need gold or why I need crypto but I just need something that my kids will understand as a hedge to inflation, and they will never understand gold".

As the interview continued, Pelosi gave the response she often gives to the president's attacks on her, telling Cramer, "Anything the president says is a projection of his own insecurities".

"You know I was being facetious when I used the term involving you", Cramer said. 15, 2020, for calling House Speaker Nancy Pelosi "crazy Nancy" during an interview earlier in the day. Cramer said, referencing the moniker the president frequently uses for Pelosi.

"Crazy Pelosi" has been one of the "nicknames" used by Donald Trump on Twitter when referring to Democrats.

When he was blasted on social media, he defended himself.

Tony Schwartz, who ghost wrote Mr Trump's book The Art of the Deal, but has been critical of his time in office, tweeted in reference to the president's insult: "Trump has decimated civility and dragged all of us down with him". Despite the remark being "tongue-in-cheek", Cramer apologized for the comment Tuesday night, saying it "fell completely flat" and reiterating the respect he has for Pelosi and her office.

More news: Unemployment rises with more than 695,000 jobs lost since March

Cramer reiterated that he had been joking at the end of the interview. "He calls other people insane because he knows he is". "My critics didn't listen to why I mentioned it-because it is horrifying".

Pelosi (D-Calif.) was on CNBC on Tuesday morning to discuss the negotiations over a new round of coronavirus relief legislation.

"What is the point?"

He then quickly added: "I'm sorry, I - that was the president".

Ms Pelosi added: "If you're talking to him you're nearly wasting your time".



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