Jim Cramer Apologizes for Calling Pelosi “Crazy Nancy,” Trump Doubles-Down


CNBC host Jim Cramer is apologizing for a comment he made last week when interviewing Speaker of the House Nancy Pelosi.

While speaking with Congress’ highest-ranking Democrat, Cramer facetiously asked “What deal can we have, Crazy Nancy,” using a nickname that President Trump often employs to demean the House Speaker. Cramer immediately walked back the phrasing, covering up the slip by telling Pelosi, “I’m sorry, that was the President,” as if to suggest he was just imitating Trump. “I have such reverence for the office,” Cramer gushed, “I would never use that term.”

Pelosi, meanwhile, maintained her composure, but seemed less than thrilled by the insult. “But you just did,” she said to Cramer. “But you just did.”

Twitter soon exploded with calls for Cramer’s firing, and demands that he apologize to the Speaker. Author Tony Schwartz pointed to a culture of bullying fomented by President Trump, and said that Cramer’s in-your-face insult was proof that Trump has “decimated civility and dragged us all down.”

Mea Culpa

Later on Tuesday evening, Cramer renewed his apology.

“Earlier today, when I talked to House Speaker Nancy Pelosi on Squawk on the Street, I made a very stupid comment,” he said on his own broadcast. “It was a tongue-in-cheek attempt to make a point about the harsh tone of the negotiations in Washington, but it fell completely flat and I apologize for that.” He added that he has an “incredible amount of respect” for the California Democrat.

But President Trump wasn’t too pleased to hear Cramer apologize for his comments. Trump has famously refused to apologize or redact comments against his adversaries, a tendency that has become a cornerstone of his tough-guy brand.

On Twitter, the President called-out Cramer by name:

“Jim, to [sic] late to take it back. Stay with the truth, no pandering!” Trump tweeted. “Jim, you didn’t make a mistake. It’s true, and that’s why you said it. No pandering!”