NEW YORK – CNBC's Jim Cramer apologized Tuesday for calling House Speaker Nancy Pelosi “crazy Nancy” during an interview, saying he was trying to make a point about Washington intolerance that fell flat.
The fast-talking former hedge fund trader, one of CNBC's leading personalities for two decades, was interviewing Pelosi on negotiations on a relief bill for those hurt financially by the pandemic.
“What deal can we have, crazy Nancy?” he said during the interview.
He immediately indicated that he was channeling President Donald Trump, who has repeatedly used that derisive nickname for Pelosi. “I have such reverence for the office I would never use that term,” he said.
“But you just did,” Pelosi said.
“Oh, come on,” Cramer said. “You know what I mean.”
When he received criticism on Twitter, Cramer defended himself and suggested his intentions were obvious.
“I challenge anyone to listen to the interview and think I wasn't imitating what the president says and how repulsive I find it,” he tweeted.