Larry Kudlow

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Larry Kudlow (2015)

Lawrence Alan Kudlow (born August 19, 1947 in Englewood, New Jersey ) is the Director of the National Economic Council of the United States . He is the President's chief economic advisor.

Kudlow graduated from the University of Rochester with a degree in history. In 1971 he began studying at the Woodrow Wilson School of Public and International Affairs of Princeton University , but it did not end. He first worked at the Federal Reserve Bank of New York in the Open Market Policy department , where a Masters was not required. The former Democrat worked as an associate director in the Office of Management and Budget for the Reagan First Cabinet (1981–1985) . From 1987 he was chief economist at Bear Stearns , where he was fired in the mid-1990s for cocaine addiction. He subsequently served as an influential commentator for various media outlets, including the conservative-libertarian National Review . As a presenter , he ran a business and political magazine on business broadcaster CNBC under various titles including Kudlow & Company and The Kudlow Report .

In December 2007, when the severe financial crisis had long been evident, Kudlow wrote pointedly that there was no crisis in sight. Other of his predictions later turned out to be wrong.

In the 2016 US presidential election campaign , he supported Donald Trump . In March 2018, Trump appointed him head of the National Economic Council in place of former investment banker Gary Cohn , who had resigned because of planned punitive tariffs on imports.

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Footnotes

  1. Suzanna Andrews (November 6, 1995): The Hollow Man . New York Magazine (28 (44)), pp. 34-40.
  2. The '90s were' a crazy time ': John Kelly suggests Larry Kudlow's past cocaine addiction won't bar him from obtaining security clearance uk.businessinsider.com
  3. ^ Washingtonpost.com: Larry Kudlow may have been more wrong about the economy than anyone alive
  4. ^ Nytimes.com: 6 of Larry Kudlow's Not-So-on-the-Money Predictions , March 15, 2018
  5. Kudlow to become Trump's next top economic adviser , cnn.com of March 14, 2018