President Trump has chosen economist and media analyst Larry Kudlow to direct the National Economic Council, Politico reported Wednesday. Kudlow will replace Gary Cohn, the Goldman Sachs executive who resigned from the post amid disagreements over Trump’s steel and aluminum import tariffs. Trump called Kudlow on Tuesday night to offer the job, and Kudlow accepted, CNN reports. Kudlow was long considered a frontrunner to step in as the chief economic adviser, after his role informally helping to shape Trump’s messaging on taxes and other economic issues during the 2016 presidential election, reports CNBC.
Larry Kudlow will be my Chief Economic Advisor as Director of the National Economic Council. Our Country will have many years of Great Economic & Financial Success, with low taxes, unparalleled innovation, fair trade and an ever expanding labor force leading the way! #MAGA
— Donald J. Trump (@realDonaldTrump) March 15, 2018