clear
Thursday December 13th, 2018 12:53PM

Trump considers TV commentator as possible economic adviser

By The Associated Press

WASHINGTON (AP) — President Donald Trump said Tuesday he's strongly considering selecting CNBC senior contributor Larry Kudlow to succeed Gary Cohn as his top economic adviser, praising the veteran financial commentator and campaign supporter.

Trump told reporters he was "looking at Larry Kudlow very strongly" and noted that while he and Kudlow didn't agree on the president's recent decision to impose tariffs on steel and aluminum imports, Kudlow's views would be helpful to him.

"I think Larry has a very good chance," Trump said. He noted that Kudlow, an advocate of free trade, is a longtime friend who had been an early supporter of Trump's 2016 presidential campaign.

Kudlow is CNBC's senior contributor and was previously the host of CNBC's prime-time "The Kudlow Report." He served in the Office of Management and Budget during President Ronald Reagan's administration.

Trump has been considering a potential replacement for Cohn as director of the National Economic Council. In addition to Kudlow, the potential successors include Chris Liddell, who serves as the White House's director of strategic initiatives, and Shahira Knight, Cohn's deputy at the National Economic Council and a key architect of the president's tax overhaul law.

The president said last week that Cohn, the former top Goldman Sachs executive, was likely to return to his administration in the future. Cohn strongly opposed the president's plan to slap tariffs on the steel and aluminum imports and worked to provide exemptions to U.S. allies such as Canada and Mexico.

Cohn played a central role in helping Trump enact a sweeping tax overhaul law, coordinating with members of Congress. His departure has been worrisome for Capitol Hill Republicans and business groups who have been concerned that Trump may install more protectionist economic policies amid a renegotiation of the North American Free Trade Agreement.

__

On Twitter follow Ken Thomas at https://twitter.com/KThomasDC

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Online Congress News, AP Entertainment, AP Online TV News, AP Business, AP Business - Economy
© Copyright 2018 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Driver killed, Texas students hurt in Disney trip bus plunge
A bus carrying high school band members home to Texas from a trip to Disney World plunged into a ravine before dawn Tuesday in Alabama, killing the driver and injuring many passengers
11:17AM ( 17 minutes ago )
The Latest: Danish PM says UK spy case recalls Cold War
The Russian Foreign Ministry says it has handed the British ambassador a note of protest regarding the accusations leveled against Moscow over last week's poisoning of an ex-Russian spy
11:13AM ( 21 minutes ago )
The Latest: Russia hands protest note to British ambassador
The Russian Foreign Ministry says it has handed the British ambassador a note of protest regarding the accusations leveled against Moscow over last week's poisoning of an ex-Russian spy
10:57AM ( 37 minutes ago )
Associated Press (AP)
Trump fires Tillerson at State, replacing with CIA's Pompeo
Rex Tillerson is out as secretary of state
10:53AM ( 40 minutes ago )
The Latest: PA Republican unsurprised by close race
Republican Rick Saccone says he's not surprised he's in a close race with Democrat Conor Lamb in a southwest Pennsylvania congressional district that President Donald Trump won by 20 percentage points in 2016.
10:48AM ( 46 minutes ago )
House GOP report says no collusion between Trump and Russia
A draft report from the Republican-led House Intelligence Committee concludes there was no collusion or coordination between Donald Trump's presidential campaign and Russia
10:44AM ( 50 minutes ago )
AP Online Headlines - Washington
The Latest: Official: UK trying to influence Russian vote
The chairwoman of the upper chamber of the Russian parliament says Britain is trying to influence this weekend's Russian presidential election by accusing Moscow of poisoning an ex-spy
7:33AM ( 4 hours ago )
US Defense Secretary Mattis arrives in Afghan capital
U.S. Defense Secretary arrives in Afghan capital to take stock of war, with emphasis on prospects for drawing at least some Taliban fighters into reconciling with Afghan government
7:26AM ( 4 hours ago )
House panel's initial report says no collusion with Russia
A draft report from the Republican-led House Intelligence Committee concludes there was no collusion or coordination between Donald Trump's presidential campaign and Russia
6:18AM ( 5 hours ago )
AP Online Congress News
Beer chug: Tom Brady beats Stephen Colbert in seconds flat
New England Patriots quarterback Tom Brady shows off beer-chugging skills on "The Late Show with Stephen Colbert" and promotes new book
9:33AM ( 2 hours ago )
CBS says work needed on Daniels interview
CBS News President David Rhodes says there's more journalistic work to be done before an interview with adult film star Stormy Daniels is aired
9:07AM ( 2 hours ago )
French singer pulls out of festivals amid protests
French musician Bertrand Cantat, who was convicted of killing his girlfriend 15 years ago, has pulled out of all the festivals he was scheduled to appear in this summer amid a growing wave of protests
8:58AM ( 2 hours ago )
AP Entertainment
Church of Scientology launches TV channel
Scientology's new TV channel puts its members and founder in the spotlight.
11:04PM ( 12 hours ago )
Revamped 'American Idol' reaches more than 10 million
ABC's revamped 'American Idol' had a strong start in the ratings, reaching more than 10 million viewers
5:16PM ( 18 hours ago )
New ScientologyTV will put members, founder in spotlight
Scientology's new TV channel is going to put its members and founder in the spotlight.
5:13PM ( 18 hours ago )
AP Online TV News
Stocks rise as consumer price report soothes inflation fears
Technology and health care companies are leading US stocks higher following a Labor Department report that showed inflation held steady in February
10:12AM ( 1 hour ago )
The Latest: Trump says he, Tillerson "disagreed on things"
President Donald Trump says he and ousted Secretary of State Rex Tillerson "disagreed on things," like the Iran deal
10:03AM ( 1 hour ago )
Industry caught off guard after Trump scuttles tech deal
Trump decision to scuttle a hostile takeover by Singapore's Broadcom of the U.S. chipmaker Qualcomm caught some on Wall Street off guard
9:55AM ( 1 hour ago )
AP Business
Watchdog warns trade tariffs would slow world growth upswing
As the U.S. prepares to impose tariffs on steel and aluminum imports, a world economic watchdog is warning that such barriers will hurt economic growth globally
8:22AM ( 3 hours ago )
World shares mixed amid concerns about trade barriers
Global stock markets are mixed, with Wall Street set for a cautious open, as investors gauge how far countries could go in setting up barriers to trade
8:05AM ( 3 hours ago )
Dick's shares take a hit on disappointing holiday sales
Dick's Sporting Goods shares are sliding in early trading after the company reported some disappointing holiday sales numbers
8:04AM ( 3 hours ago )
AP Business - Economy
Driver killed, Texas students hurt in Disney trip bus plunge
A bus carrying high school band members home to Texas from a trip to Disney World plunged into a ravine before dawn Tuesday in Alabama, killing the driver and injuring many passengers
11:17AM ( 17 minutes ago )
The Latest: Danish PM says UK spy case recalls Cold War
The Russian Foreign Ministry says it has handed the British ambassador a note of protest regarding the accusations leveled against Moscow over last week's poisoning of an ex-Russian spy
11:13AM ( 21 minutes ago )
The Latest: Russia hands protest note to British ambassador
The Russian Foreign Ministry says it has handed the British ambassador a note of protest regarding the accusations leveled against Moscow over last week's poisoning of an ex-Russian spy
10:57AM ( 37 minutes ago )
Trump fires Tillerson at State, replacing with CIA's Pompeo
Rex Tillerson is out as secretary of state
10:53AM ( 41 minutes ago )
The Latest: PA Republican unsurprised by close race
Republican Rick Saccone says he's not surprised he's in a close race with Democrat Conor Lamb in a southwest Pennsylvania congressional district that President Donald Trump won by 20 percentage points in 2016.
10:48AM ( 46 minutes ago )