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To replace Trump fittings, Larry Kudlow, Gary Cohn
The President offers the CNBC personality, the position of the White House National Economic Council, Director; Peter Doocy reports from St. Louis, Missouri.
Conservative commentator and former Reagan administration official Larry Kudlow has accepted the job of White House National Economic Council Director, has replaced learned Gary Cohn, Fox News.
President Trump offered Kudlow the job only a week after Cohn resigned from his post as the president’s chief economic adviser, a senior administration official told Fox News.
Kudlow extensive career in finance includes the stations for the Federal Reserve Bank of New York and serves as chief economist and senior managing director at Bear Stearns, the defunct investment Bank, a failure during the financial crisis of 2008.
Kudlow served as associate director for Economics and
Planning in the Office of Management and Budget (OMB) during former President Ronald Reagan’s first term in office.
Former chief economic adviser of President Trump, Gary Cohn, joined earlier this month.
Kudlow is now a CNBC senior post has been the host of CNBC’s primetime “The Kudlow Report”.
Cohn resigned amid opposition to the President to announce the decision, the customs duties on all imports of steel and aluminum. Hours before his resignation, Trump would not be a “line in the sand” to ask Cohn if he was about to answer, the support of the new policy, and Cohn, a White house official, and an external Advisor to the President, told Fox News.
Kudlow, the recommended trump during the 2016 presidential campaign, which is also against the idea of tariffs, in writing an op ed against the Trump plan, calling it a “crisis of logic.”
The President this week reportedly confirmed that he and Kudlow are “do not agree on everything,” but welcomes a difference of opinion, among his close advisers.
Just last week, the President said, “I like conflicts.”
“I like it that two people with different views. And of course I said” Trump. “And then I have to make a decision. But I like to watch. I like to see it. And I think it is the best way to go.”
But Kudlow did write the President praised the work of the tax reform, that in the past year, “trump and the GOP are numbers on the side of the growth of angels, with the passage of the powerful tax-cut legislation to stimulate business investment, wages and take-home family. The Democrats, meanwhile, are left with outdated class-warfare slogans about tax cuts for the rich.”
White House Press Secretary Sarah Sanders said on Wednesday, however, that there is no “staff announcements to be made at this time.”
Sanders was, however, confirm that the President and Kudlow spoke on Tuesday.
Fox News’ Blake Burman has contributed to this report.
Brooke Singman is a political Reporter for Fox News. You can follow her on Twitter at @Brooke FoxNews.