BET Founder Bob Johnson: Trump Is Not ‘a Racist’

BET founder says Trump is not a racist, and stocks are right to rally post-election (CNBC)

Media mogul Bob Johnson, who met with President-elect Donald Trump earlier this month, told CNBC on Tuesday the post-election rally in the stock market has been a reaction to having a businessman in the White House.

The BET founder, a Democrat, also said on "Squawk Box" that he's known Trump for years and believes Trump wants to work with African-Americans and all Americans to boost the economy.

"To me, I never thought Donald Trump, and I still don't believe it today, was a racist. I don't believe that he's anti-African-American," said Johnson, founder and chairman of The RLJ Cos. "For too long, the African-American community has been ignored by the Republicans because they thought we were always locked with the Democrats."