Logo

Reports: Trump Is Telling People that He Wants a Longtime CNBC Personality To Be His New Chief Economic Adviser

Mar 12, 2018  •  Post A Comment

“President Donald Trump told people Monday that he has settled on” longtime CNBC TV and radio personality Larry Kudlow to be his next chief economic advisor, reports CNN.

In another article, CNN notes that “Kudlow used to host a nightly show on CNBC. He remains a ‘senior contributor’ on the network and has a radio show as well.”

Furthmore, this second article says “A longtime CNBC personality, Kudlow has been described as an informal adviser to Trump on the side.”

The first CNN piece says, “Trump has spoken to Kudlow multiple times over the past week, a separate person familiar with the matter said, but Kudlow hasn’t been formally offered the job yet and hasn’t decided whether he would accept it.

“The White House did not respond to a request for comment. Kudlow also declined to comment.”

The New York Times, in its story today about Kudlow being Trump’s leading choice for the chief economist job, writes, “Mr. Kudlow is a CNBC commentator and radio host and a former Wall Street economist. He is a disciple of [economist Arthur] Laffer, the godfather of supply-side tax cuts, whom Mr. Kudlow credits for helping him overcome an alcohol- and substance-abuse problem more than 25 years ago. During the campaign and throughout Mr. Trump’s first year in the White House, Mr. Kudlow urged the president to go big with his tax-cut plan.

“After Republicans pushed the $1.5 trillion cut through Congress late last year, Mr. Kudlow praised it effusively, predicting it would usher in annual growth of 3 percent to 4 percent on a long-run basis — a more optimistic assessment than most independent economists have offered — and would boost Republicans in this year’s midterm elections.

“‘Trump and the G.O.P. are on the side of the growth angels with the passage of powerful tax-cut legislation to boost business investment, wages and take-home family pay,’ Mr. Kudlow wrote in December. ‘The Democrats, meanwhile, are left with stale class-warfare slogans about tax cuts for the rich.’”

Kudlow also once worked at the Office of Management and Budget during the Ronald Reagan administration.

Larry Kudlow in a screenshot from CNBC this evening

 

Your Comment

Email (will not be published)