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Wednesday April 24, 2024

Trump eyes TV pundit as economics guru

By AFP
March 14, 2018

WASHINGTON: President Donald Trump said Tuesday there’s a “very good chance” he would name conservative television personality Larry Kudlow to replace top economic advisor Gary Cohn, who resigned last week following a battle over import tariffs. Like Cohn, Kudlow has a record of opposing import duties on steel and aluminum, but Trump said the TV pundit had “come around to believing in tariffs.” “I’m looking at Larry Kudlow very strongly. I’ve known him a long time,” Trump said at the White House as he prepared to depart for California to view prototypes of a border wall, long a centerpiece of his immigration policies. “Larry has been a friend of mine for a long time. He backed me very early in the campaign. I think he was one of my original backers. He’s a very, very talented man. “I’m also speaking to many others. But I think Larry has a very good chance,” Trump added. Under former President Ronald Reagan, Kudlow, 70, oversaw the White House Office of Management and Budget for five years. He also served as chief economist at the onetime investment bank Bear Stearns from 1987 to 1994.