43 Facts About Kudlow

Lawrence Alan Kudlow was born on August 20,1947 and is an American conservative television personality and financial program host for the Fox network who served as the Director of the National Economic Council during the Trump Administration from 2018 to 2021.

Kudlow assumed that role after his previous employment as a CNBC television financial news host.

Kudlow began his career as a junior financial analyst at the New York Federal Reserve.

Kudlow soon left government to work on Wall Street at Paine Webber and Bear Stearns as a financial analyst.

In 1981, after previously volunteering and working for left-wing politicians and causes, Kudlow joined the administration of Ronald Reagan as associate director for economics and planning in the Office of Management and Budget.

Related searches

Kudlow was born and raised in New Jersey, the son of Ruth and Irving Howard Kudlow.

Kudlow attended the Elisabeth Morrow School in Englewood, New Jersey, until the sixth grade.

Kudlow graduated from the University of Rochester in Rochester, New York, with a bachelor's degree in history in 1969.

In 1971, Kudlow enrolled in the master's program at Princeton University's Woodrow Wilson School of Public and International Affairs, but he left before completing his degree.

In 1970, while he was still a Democrat, Kudlow joined Americans for Democratic Action chair Joseph Duffey's "New Politics" senatorial campaign in Connecticut which attracted an "A-list crowd of young Democrats", including Yale University law student Bill Clinton, John Podesta, and Michael Medved, another future conservative.

Kudlow began his career as a staff economist at the Federal Reserve Bank of New York, taking a position "as a junior economist in a job where a master's degree wasn't required".

Kudlow worked in the division of the Fed that handled open market operations.

Kudlow's name was floated by Republicans as a potential Senate candidate in either Connecticut or New York in 2016.

In March 2018, Donald Trump appointed Kudlow to be Director of the National Economic Council, succeeding Gary Cohn.

At the time, Kudlow said that the nonpartisan Congressional Budget Office was untrustworthy.

Kudlow dismissed CBO's estimate that the 2017 Tax Cuts and Jobs Act would increase the deficit by $1.

Kudlow later asserted that he was referring to future deficits.

Kudlow asserted on June 29,2018, that "capital investment, you know, for new jobs and better careers, [is] flowing in from all corners of the world", though foreign direct investment into America declined significantly during the two years through August 2019.

In November 2018, eleven months after the Trump tax cut, Kudlow stated, "The tax cut has paid for itself already barely through the first calendar year", although data released later showed that federal revenue had declined and that the deficit had increased during fiscal year 2018.

In June 2020, amid the George Floyd protests against racism and police brutality, Kudlow said, "I don't believe there is systemic racism in the US ".

In 1987, Kudlow was hired by Bear Stearns as its chief economist and senior managing director.

Kudlow was fired from Bear Stearns in the mid-1990s due to his cocaine addiction.

Kudlow was a member of the board of directors of Empower America, a supply-side economics organization founded in 1993 and merged in 2004 with the Citizens for a Sound Economy to form FreedomWorks.

Kudlow is a founding member of the Board of Advisors for the Independent Institute and consulting chief economist for American Skandia Life Assurance, Inc, in Connecticut, a subsidiary of insurance giant Prudential Financial.

Kudlow became Economics Editor at National Review Online in May 2001.

Related searches

In December 2007, NRO published a Kudlow article entitled Bush Boom Continues, in which he asserted the economy would continue to expand for years to come.

Kudlow served as one in a rotating set of hosts on the CNBC show America Now, which began airing in November 2001.

In March 2006, Kudlow started to host a talk radio show on politics and economics on WABC as The Larry Kudlow Show aired on Saturday mornings from 10am to 1pm ET and via nationwide syndication in the US starting June 5,2010.

In February 2021, Larry Kudlow joined Fox Business Network to host a new weekday program.

Self-described "Reagan supply-sider", Kudlow is known for his support for tax cuts and deregulation.

Kudlow argues that reducing tax rates will encourage economic growth and ultimately increase tax revenue and, while acknowledging the limits of growth, that economic growth will clear deficits.

In 1993, Kudlow said that Bill Clinton's tax increases would dampen economic growth.

Kudlow was a strong advocate of George W Bush's substantial tax cuts, and argued that the tax cuts would lead to an economic boom of equal magnitude.

Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008.

Kudlow supported free trade prior to his White House appointment.

Kudlow later defended Executive Order 13767, Trump's plan to build a wall along the Mexico–United States border, declaring it was necessary to prevent terrorists from entering the United States, the United States was at war with ISIS and Trump was going to do what was necessary to protect the country.

Kudlow penned an article for RealClearPolitics advocating for conservative unity in the election and asking his conservative peers to stop criticizing Trump and instead help him become a stronger candidate.

Kudlow has been married three times: In 1974, he married Nancy Ellen Gerstein, an editor in The New Yorker magazine's fiction department, with the marriage lasting about a year.

Kudlow subsequently converted to Catholicism under the guidance of Father C John McCloskey III.

Kudlow is a member of the Catholic Advisory Board of the Ave Maria Mutual Funds.

Kudlow served as a member of the Fordham University Board of Trustees and is on the advisory committee of the Kemp Institute at the Pepperdine University School of Public Policy.

On June 11,2018, Kudlow suffered what the White House referred to as a "very mild" heart attack.

White House Press Secretary Sarah Sanders noted that Kudlow had been admitted to the Walter Reed Army Medical Center in Washington, DC, and that he was "doing well", and expects a "full and speedy recovery".