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False information published by CNBC, Part 1

Fundamental American history; misidentification of the Speaker of the House, and more

| By Greg Fisher

Comcast's CNBC cable television news channel published false information about US history.

In 2019, Brian Schwartz falsely wrote, "Walt Disney Studios Chairman Alan Horn is hosting a fundraiser at his Los Angeles mansion for House Majority Leader Nancy Pelosi and the Democratic Congressional Campaign Committee, CNBC has learned."




That was in his first sentence, no less. Nancy Pelosi has never been Majority Leader. She is Speaker of the House of Representatives. Steny Hoyer is Majority Leader.

CNBC documents corrections at cnbc.com/corrections/. At least that address makes sense; logical, memorable.

One relevant example of an error and its correction, regarding a July 2020 article by Lorie Konish, is: "Correction: Nancy Pelosi is speaker of the House. An earlier version misstated her title."

However, in September, 2020, Konish falsely wrote, "In a separate interviews on CNBC on Tuesday, White House Senior Advisor Jared Kushner; House Minority Leader Kevin McCarthy, R-Calif.; and House Majority Leader Nancy Pelosi, D-Calif., separately addressed the stimulus stalemate that has persisted since May."

And today the same sentence reads Speaker Nancy Pelosi but the word correction does not exist on the page. Another error in the same sentence, the word a in the phrase In a separate interviews on CNBC, remains.

In May 2020, Lauren Hirsch falsely wrote, "House Majority Leader Nancy Pelosi unsuccessfully fought to remove Section 230 from U.S. trade law."

In May 2021, Christina Wilkie falsely wrote, "Biden also plans to host McConnell, House Minority Leader Kevin McCarthy, House Majority Leader Nancy Pelosi and Senate Majority Leader Chuck Schumer at the White House on May 12 for a broader discussion on shared priorities."

In an ironic instance of false information, on February 20, 2020 Ben Collins wrote, "Examples of misinformation included a false tweet about whistleblowers by House Minority Leader Kevin McCarthy, R-Calif., a tweet about gun background checks by Sen. Bernie Sanders, I-Vt., and a tweet by an unverified Twitter account posting a doctored video of House Majority Leader Nancy Pelosi, D-Calif."

That takes the cake, doesn't it? Misinformation in a report about misinformation. It can only be topped by one of Comcast CNBC's longstanding errors about the credit reporting industry.

In 2013, Kelly Holland falsely wrote: "A truly low score can make it impossible for you to obtain credit at any rate. Insurance companies may refuse to issue you policies. And while Sen. Elizabeth Warren, D-Mass., has introduced legislation to make the practice illegal, for now employers can use credit scores to evaluate job applicants."

Primarily, that is a nearly perfect example of Credit Score Myth 2 (that employers use credit scores).

Subsequently, contradictorily, a 2018 CNBC article stated, "'Despite the constant myth about scores and employment, there's never been a verified example of an employer having access to or using a credit score to make an employment decision,' credit expert John Ulzheimer told GOBankingRates."

That article continues, "When an employer checks your credit report, they are looking at the big picture, not the three-digit number."

Secondarily, the paragraph in the Holland article is an example of the littany phenomenon when expressing the cruciality of credit scores in our lives: LENDERS and INSURERS and [E-WORD]. BEWARE!

LIONS and TIGERS and BEARS!

OH, MY!

Tertiarily, but not least imporant, the passage unintentionally indicates a problem Elizabeth Warren has: Her very public false statement about credit scores and its documentation in the internet domain creditscoring.com.

Employers do not use credit scores. Comcast has it both ways and that is pathetic

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