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- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Gary Cohn is Roadblock to Larry Kudlow Getting a White House Position
[Photo: cnbc]
National Economic Council head Gary Cohn is one of the main reasons conservative commentator and economist Larry Kudlow is not getting a White House position, two sources close to the situation said.
- “Cohn didn’t like Kudlow.”
- “Cohn wants to hold all the reins of power and doesn’t want competing opinions from the CEA [Council of Economic Advisers].”
There were published reports in December that President Trump was close to choosing Kudlow, a former economist in the Reagan administration, to head the Council of Economic Advisers. Kudlow is now out of the running.
In past administrations, the CEA has provided presidents with outlooks on macro-economics, such as providing explanations when new economic numbers come out.
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