Tags: Financial Markets | Money | Trump Administration | larry kudlow | national economic council | director | gary cohn

WashPost: Kudlow Asks US Economic Council Staff to Stay

WashPost: Kudlow Asks US Economic Council Staff to Stay
National Economic Council Director Larry Kudlow (Richard Drew/AP)

By    |   Monday, 26 March 2018 09:29 PM

President Donald Trump’s incoming National Economic Council Director Larry Kudlow has asked the staff assembled by outgoing chief Gary Cohn to stay on, The Washington Post reports.

"It's a terrific staff, and I've asked everyone to stay on," Kudlow told the Post. "I've met with all of them and they're great."

Cohn resigned in early March over a policy dispute with the White House, specifically after Trump announced he would impose a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum. Kudlow, a conservative economist and former CNBC contributor, criticized Trump's tariffs and said they would damage the economy to some extent.

"Across-the-board tariffs like this damage the users of the commodity," Kudlow said before Cohn resigned.

"What are you going to do about cars? All manner of transportation, buses, trucks, SUVs? The energy business. Airplanes, they all use steel."

But he "well understands our policy," Commerce Secretary Wilbur Ross said after Kudlow was picked.

Kudlow said he was "honored to take the job" and the hiring process was a "terrific experience."

During his interview with the Post, he praised NEC deputy director for domestic policy Shahira Knight and Everett Eissenstat, who works on international issues.

He also said he does not foresee major staff changes, and additional hires were possible.

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Incoming National Economic Council Director Larry Kudlow has asked the existing NEC staff assembled by outgoing chief Gary Cohn to stay on, according to The Washington Post.
larry kudlow, national economic council, director, gary cohn
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2018-29-26
Monday, 26 March 2018 09:29 PM
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