President Trump‘s Chief Economic Advisor, Gary Cohn, will resign in the coming weeks, but the president has chosen CNBC host Larry Kudlow to replace him. The appointment comes after former General Motors chief financial officer, Chris Liddell, was named a potential candidate.
Kudlow holds a degree in history and pursued a Master’s degree in politics and economics, though did not complete coursework. The now-ex CNBC host previously worked with the Federal Reserve Bank. Before switching parties, Kudlow also worked with the Democratic party, specifically, former U.S. President, then campaigning U.S. Senator, Bill Clinton.
Kudlow also worked at the Office of Management and Budget during the first term of the Reagan administration.
Liddell will remain in the White House as Assistant to the President for Strategic Initiatives, and as a member of the Office of American Innovation. His work has also included modernizing and streamlining federal IT infrastructure with President Trump’s senior advisor, Jared Kushner.