CNBC host Jim Cramer says he made a “very stupid comment” by referring to House Speaker Nancy Pelosi as “Crazy Nancy” during a televised interview Tuesday morning that sparked criticism on social media.
On his show “Mad Money” later Tuesday, Cramer said the remark had been a “tongue-in-cheek attempt to make a point about the harsh tone of the negotiations in Washington."
Cramer also stressed he has "such reverence for the office, I would never use that term.”
Pelosi responded, “But you just did. But you just did,” before seeming to let Cramer off the hook for the remark.
CNBC did not immediately respond to calls and emails seeking comment Tuesday.