TALKING HEAD

Trump Announces Larry Kudlow as New Chief Economic Adviser

TV pundit drafted after Gary Cohn’s resignation.

President Trump has confirmed that conservative media analyst Larry Kudlow will be his new chief economic adviser and director of the National Economic Council. Kudlow, who served as an informal economic adviser to Trump during the 2016 campaign, will succeed Gary Cohn, who resigned this month after disagreeing with Trump slapping big import tariffs on aluminum and steel. Kudlow’s appointment might not solve the disagreement, however, as he wrote last month against the tariffs, saying: “Steel and aluminum may win in the short term, but steel and aluminum users and consumers will lose.” Trump tweeted Thursday morning: “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!”