By Jeff Stein
President Trump says U.S. conservative commentator and economic analyst Larry Kudlow, above, is the top candidate to take over the White House’s economic team. (Bryan R. Smith/AFP/Getty Images)
President Trump signaled Tuesday morning that Larry Kudlow is his leading candidate to take the helm of the national economic council, further boosting the chances of a longtime conservative commentator and self-described “supply-side” economist who championed the Republican tax law passed this fall.
Gary Cohn, currently director of the White House National Economic Council, announced his upcoming resignation earlier this month amid disagreements with the president over Trump’s planned tariffs on steel and aluminum imports.
“I’m looking at Larry Kudlow very strongly. I’ve known him a long time — we don’t agree on everything, but in this case I think that’s good,” Trump told reporters outside the White House. “He’s a very talented man, a good man, and I think he has a good chance [at the job].”
Trump also suggested the search is not over, saying he will still be “speaking to many others” about the opening. White House officials have also pushed Trump to consider Christopher P. Lidell, a former chief financial officer of General Motors, Microsoft and International Paper who has served in the White House since last year. Cohn has favored Shahira Knight, one of his deputies, to take over the job, according to multiple reports.
Kudlow, 70, spent several years working in former president Ronald Reagan’s White House budget office. He also worked for the Wall Street firm Bear Stearns before hosting CNBC’s “The Kudlow Report,” a conservative-leaning show about business and politics. Kudlow is still a regular presence on cable news and hosts a podcast, “The Larry Kudlow …read more