Kudlow picked as economic advisor; may revive Kudlow & Cramer for WHTV

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TV financial analyst Kudlow picked as chief economic advisor

  

Trump talked out of first choice, Jim “Mad Money” Cramer

 

Conservative commentator Larry Kudlow on Wednesday accepted an offer from President Trump to head the White House’s National Economic Council, the latest in a rapid series of firings and personnel changes that have roiled the administration.

The choice of Kudlow — a longtime TV analyst and generational peer — illustrates how Trump is increasingly looking to stack his inner circle with longtime loyalists after more than a year of frustration with aides and Cabinet officials who sought to temper his extemporaneous and combative style.

People close to the situation say Trump’s first choice for the position was Jim Cramer, the rolled-up sleeved, loud-mouthed, crazy stock picker and host of CNBC’s ‘Mad Money’ show. “He’s like an economic reality show star -- I love his energy,” Trump told friends. 

According to insiders, several people close to the president told him that with all the West Wing turmoil Cramer’s uncontrollable volatility might become a problem down the road and that Kudlow, who not only defended Trump's plans to build a wall along the border with Mexico and to prevent Muslims from entering the United States, but also opposes estate taxes, inheritance taxes and taxes on dividends and capital gains (all positions near and dear to the president and his family), might be a safer choice.

Our sources indicate that before settling on Kudlow, Trump gave the Cramer idea one last shot. "Why not hire them both? Didn't they have a show called Kudlow & Cramer? They were great together, really good TV. We could use more of that in the White House, maybe start WHTV," the president said, according to people with knowledge of his thinking.

When contacted following his appointment, Kudlow said, "If the president wants me to team up with Jim again, I'd be happy to. You have to know, I see my role in this position as listening to the president and then doing whatever he wants...no pushback, no questions asked. I'm sure that's why he picked me."