Larry Kudlow recounts why Lincoln established the Secret Service

FOX Business host Larry Kudlow explains the late President Abraham Lincoln’s original goal of using the service to combat counterfeit currency.

Larry Kudlow highlights the U.S. Secret Service's origin, established by the late President Abraham Lincoln in 1865 to combat widespread currency counterfeiting. Hours after signing the legislation, Lincoln was assassinated. The agency later expanded its mission to include presidential protection after William McKinley's assassination in 1901.