CNBC senior contributor and radio host Larry Kudlow is a top contender to serve as the chairman of President-elect Donald Trump’s White House Council of Economic Advisers, according to a top Trump economic adviser.
“I have some interesting news for you,” economist Stephen Moore told a Washington-based radio station on Thursday. “I think Larry Kudlow will be the next chairman of the president’s Council of Economic Advisers. We’re bringing in really good people.”
Moore later added that “it’s not official yet but that’s the rumor that’s buzzing right now.”
“Could you imagine anybody better? I listen to him every week on your show and he’s one of my best friends. He knows economics better than anybody,” Moore told WMAL 105.9 FM’s morning show. “I love the appointments that Trump is making…. We’re talking about people who are making real change.”
Kudlow had previously hinted on WMAL in November that he was in “informal discussions” with the presidential transition team.
“If a president asks you to serve, it’s very hard to turn a president down. I’m a patriot. I worked at OMB many years ago and we’ll see what happens,” Kudlow said.
Prior to being a conservative commentator, Kudlow was a chief economist and senior managing director at investment bank Bear Sterns, staff economist at the Federal Reserve Bank of New York and served as an associate director for economics and planning in the Office of Management and Budget (OMB) in the Reagan administration. He had considered a run for Senate in either Connecticut or New York earlier this year.