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Kudlow: U.S. will continue to financially recover from pandemic even without aid from Congress

White House chief economic adviser Larry Kudlow speaks to reporters outside the West Wing of the White House. | Andrew Harnik/AP Photo)

OAN Newsroom
UPDATED 1:52 PM PT – Monday, September 21, 2020

White House economic adviser Larry Kudlow said the U.S. has regained control over the coronavirus. He made those comments while speaking to reporters at the White House Monday.

Kudlow tamped down fears that American shutdowns had a negative impact on the stock market by suggesting shutdowns in the U.K. would be responsible for any volatility in the markets. He also said the U.S. would continue to make its “strong v-shaped recovery” even if Congress fails to pass another relief bill.

“We are in a self-sustaining, strong v-shaped recovery,” he stated. “That battle’s not over yet, there’s there’s still a good deal of hardship left.”

The economic adviser went on to say the Trump administration has showed it’s remained committed to helping small businesses and restaurants withstand the financial impacts of the coronavirus pandemic.

“I do not think the recovery is contingent on the assistance package,” Kudlow  stated. “And as long as business keep open and stay open we’re in much better shape then we were, although we have a lot of work to do.”

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