WASHINGTON (March 14, 2018) — President Donald Trump has chosen Larry Kudlow to be his top economic aide, elevating the influence of a long-time fixture on the CNBC business news network who previously served in the Reagan administration and has argued relentlessly in tart sound bites for tax cuts and a smaller government.
Two administration officials said Wednesday that Trump had offered the job to Kudlow, who had worked in the White House budget office more than three decades ago under Ronald Reagan. The officials spoke on the condition of anonymity to discuss internal deliberations.
The famously pinstripe-suited Kudlow would succeed Gary Cohn, a former Goldman Sachs executive who is leaving the post in a dispute over Trump’s decision to impose tariffs on imported steel and aluminum.
Kudlow, too, had made clear his opposition to the tariffs, as did many economists. But that won’t likely prove an insurmountable barrier between Kudlow and Trump, especially after the president amended his decision to say he would temporarily exempt Canada and Mexico from the tariffs and potentially other countries as well.
Kudlow, 70, has informally advised the Trump administration in the past. But moving into the White House would confer on him the official role of chief emissary of Trump’s economic policies.