Bloomberg WASHINGTON (Bloomberg) — CNBC personality Larry Kudlow has emerged as U.S. President Donald Trump’s favorite to replace Gary Cohn, the outgoing director of the White House National Economic Council, two people familiar with the matter said.
The president may name Kudlow as his top economic adviser within a day or so, one of the people said. In addition to his duties at CNBC, where he is a senior contributor, Kudlow is a radio host, syndicated columnist and entrepreneur. He was an economist for Bear Stearns & Co. Inc. and served in President Ronald Reagan’s administration. Trump has spoken by phone with Kudlow about the economic adviser role a couple of times in recent days, including once over the weekend, according to two people familiar with the situation.
The people familiar with Trump’s deliberations cautioned that he hasn’t made a final decision and could change his mind. Two other people described Kudlow as being among those being considered as replacements for Cohn. All of the people asked not to be identified discussing the matter.
Kudlow is already an informal adviser who occasionally speaks to the president, one of the people said.
Other people whose names have been mentioned as part of the search include White House trade adviser Peter Navarro, Deputy Director for Economic Policy Shahira Knight, Budget Director Mick Mulvaney and Stephen Moore, chief economist at the conservative Heritage Foundation.