FIRST AIRED: March 14, 2018

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Transcript

00:00:00
>> This is an excellent decision by the President.>> CNBC commentator Larry Kudlow has accepted President Donald Trump's offer to be Top Economic Advisor at the White House.>> He's a very, very talented man, a good man.>> A long time friend and early supporter of Trump's, Kudlow fills the vacancy left by the resignation of veteran Wall Street banker, Gary Cohn.
00:00:21
Reuters Breaking News columnist, Rob Cox.>> Larry Kudlow is a great communicator, full stop. He comes from a tradition that's sort of the, you might say, supply side economic thinking, but it's still relatively mainstream. He's a free trader. He's even come out against the aluminum and steel tariffs.
00:00:40
So what you get with Larry is no surprises.>> Kudlow, a former Wall Street economist, has previously held a number of government roles, including as member of the Office of Management and Budget under former President Ronald Reagan.>> I've known him a long time.>> Kudlow had been seen as the front runner among an ever shrinking talent pool, given the record setting pace of turnover at the White House.
00:01:03
So why would the 70 year old commentator leave a seemingly well paid influential job for a White House in flux?>> This is an opportunity for him to kind of do something at the twilight of his career. The opportunity to go in and work for the White House is part of your patriotic duty, I'd imagine that Larry feels that way.
00:01:22
>> CNBC reported Trump's formal announcement of Kudlow to the position could come as soon as Thursday,>> Replace Garry Cohn, and put their viewers