WASHINGTON (Sputnik) – Economic analyst Larry Kudlow has accepted an offer to serve as the new director of the National Economic Council, White House spokesperson Sarah Huckabee Sanders said in a statement on Wednesday.
« Larry Kudlow was offered, and accepted, the position of Assistant to the President for Economic Policy and Director of the National Economic Council, » Sanders said. « We will work to have an orderly transition and will keep everyone posted on the timing of him officially assuming the role. »
Kudlow is a conservative commentator and newspaper columnist who previously worked as a television host for the media outlet CNBC.
The move makes Kudlow second top economic adviser to president Donald Trump after Gary Cohn — a former Goldman Sachs executive who worked for Trump for more than a year — announced he would resign on March 6 over disagreements regarding the president ‘s decision to impose tariffs on steel and aluminum imports.
Meanwhile, US President Donald Trump is making a big error in selecting economic analyst Larry Kudlow to serve as the next director of the National Economic Council, Congressman Ted Lieu said in a statement.
« [Trump] is making a big mistake by selecting Kudlow, » Lieu said via Twitter on Wednesday. « His ideas are harmful to America. »
Lieu said he drew concern from an article written by Kudlow in which he argued for the invasion of Iraq because it would boost the stock market.
