The downfall at GE has been a "colossal failure" in board leadership, says Langone, also co-founder of Home Depot.
"I don't know and frankly if I had my druthers I would wish they wouldn't," the Home Depot co-founder told CNBC's "Squawk Box" on Wednesday.
Ken Langone, Invemed Associates founder and Home Depot co-founder, shares his thoughts on interest rates, corporate tax cuts and stock buybacks, and improving the educational system in America. I am optimistic Education Secretary Betsy DeVos is going to do something, says Langone.
Palitir investor Ken Langone explains why he doesn't think tech start-up Palitir should not go public.
I will fight to my death this is not going to be laid on Jack Welch, says Ken Langone, Invemed Associates founder and Home Depot co-founder, weighing in on the shake-up on General Electric's board.
The Republican tax cuts would "unleash economic forces" and undermine any doomsday predictions from Democrats, Langone says.
About 10,000 Americans will die every year from lack of health coverage if the tax reform bill goes through as proposed, Larry Summers said Monday.
Tax cuts are great, but the only way to really get America's financial house in order is to cut debt, the Home Depot co-founder says.
"I still believe he can get a lot done and he has an uncanny knack of surviving," the Home Depot co-founder tells The New York Times.
Ken Langone says the media "encourage people to believe" that the election process "is bad."
The U.S. better figure out what to do with North Korean leader Kim Jong Un soon, Ken Langone tells CNBC.
The billionaire Republican businessman tells CNBC it all depends on Donald Trump's ability to continue to beat the odds.
The Republican supporter tells CNBC the controversial provision would be a "phenomenal engine for growth in America."
Langone says suit Bharara up "and bring him on because we need people like this in public service."
Republican billionaire Ken Langone tells CNBC that Donald Trump shouldn't make a habit of pressuring companies to keep jobs in the U.S.
Ken Langone, Invemed Associates chairman and president, discusses Mitt Romney being considered for secretary of State by President-elect Donald Trump.
Ken Langone, Invemed Associates chairman and president, discusses President-elect Donald Trump's policy promises and his Cabinet picks.
"I have moments of disappointment" with Trump, billionaire Ken Langone tells CNBC. "[But] all of us do things we wish we hadn't done."
Ken Langone, Invemed Associates chairman, says if the U.S. does not fix its education system the nation will not be able to solve its long-term economic needs and challenges.
Billionaire Ken Langone, co-founder of Home Depot, describes the U.S. economy as "tepid."