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For Immediate Release
Contact: Brandon Hersh (202) 471-3205,bhersh@mediamatters.org

Media Matters commends CNBC over Kudlow announcement

WASHINGTON

Media Matters for America commends CNBC
following the announcement by host Larry Kudlow that he has decided not to run for Senate. Media Matters noted in a March 20 letter
to CNBC President Mark Hoffman that as long as Mr. Kudlow's candidacy remained
an open question, his credibility as a journalist was compromised.

The letter stated, in part:

He is
either a journalist or a candidate; he cannot be both. ... As a private
citizen, Kudlow has a right to explore a run for public office, but using his
platform as a CNBC host to further his political ambitions jeopardizes the
integrity of your network.

Media Matters president Eric
Burns said: "CNBC needed to resolve this issue to preserve
the journalistic integrity of the network. Last night, they did just that. It
was good for the network and good for its viewers that the air was
cleared."

For
video of Kudlow's announcement, please visit:

https://mediamatters.org/countyfair/200903240034

For full
text of the letter, please visit:

https://mediamatters.org/items/200903200026

Media Matters for America is a Web-based, not-for-profit, 501(c)(3) progressive research and information center dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation in the U.S. media.