White House economic adviser Larry Kudlow is anticipating a peaceful transfer of power if President Donald Trump loses the election.
“I think there will be a peaceful transfer of power and I think the markets have been remarkably calm and resilient and actually rather bullish these past six months going back to the third week of March or so,” Kudlow said during his appearance on CNBC.
He added, “This is the greatest democracy in the world, and we abide by the rule of law and so will this president. There’s some things to clean up here. And, again, it’s not my area of expertise. I’ll leave that discussion to the campaign. But yes, we will continue peacefully as we always do, and I might add, anybody from around the world, offshore watching this, they should know that.”
Watch his comments below:
"We will continue peacefully as we always do," National Economic Council Director Larry Kudlow says there will be a peaceful transfer of power for the presidency. https://t.co/B6o5t7aPEm pic.twitter.com/amLhRONPUL
— CNBC (@CNBC) November 6, 2020
Former White House Chief of Staff Mick Mulvaney also predicted a peaceful transfer of power, as IJR previously reported.
“If the process runs and I expect it to run, and at the end of the process Joe Biden’s the president, you can absolutely guarantee a peaceful transition of power,” he said.
Democratic presidential nominee Joe Biden moved closer to victory on Friday after taking the lead over Trump in Pennsylvania and Georgia, as IJR previously reported.
Pennsylvania, Georgia, Arizona and Nevada are still processing ballots.
Georgia’s secretary of state Brad Raffensperger told reporters on Friday, “With a margin that small, there will be a recount.”
Without evidence, Trump accused pollsters of deliberately skewing results in favor of Biden.
“And the pollsters got it knowingly wrong,” Trump said. “We had polls that were so ridiculous, and everybody knew it at the time. There was no blue wave that they predicted … that was false, that was done for suppression reasons — instead, there was a big red wave.”
Biden has garnered 253 electoral votes as of Friday compared to Trump’s 214.