Conservative economist Larry Kudlow is the front-runner to replace Gary Cohn as President Donald Trump's chief economic adviser, CNBC's Jim Cramer reports.
"I have it pretty good … that Larry Kudlow is now the leading contender for the job to replace Gary Cohn. I think if he was offered it, he would take it. This is a very big deal. Obviously nothing's been decided, but he's spoken to the president and he wants the job," Cramer reported Monday.
The White House confirmed to CNBC that Kudlow is on the list of candidates.
Kudlow is a CNBC contributor, having worked with Cramer on their "Kudlow and Cramer" show, and he was an economics adviser to President Ronald Reagan.
Cohn resigned last week as chief of the National Economic Council over the bitterly contested decision within the White House to impose tariffs on steel and aluminum.
Kudlow last week refused to comment about the opening and whether he was a candidate for it.
"I just don't want to walk through all those scenarios," Kudlow said on CNBC. "I don't have any comments on that stuff."
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