Larry Kudlow

Kudlow was born and raised in New Jersey, the son of Ruth (née Grodnick) and Irving Howard Kudlow. His family is Jewish. He attended the Elisabeth Morrow School in Englewood, New Jersey, until the sixth grade. He then attended the Dwight-Englewood School through high school. He graduated from the University of Rochester in Rochester, New York, with a bachelor's degree in history in 1969. According to The New York Times, "While he had no extensive formal training in economics, he had an innate understanding of how markets worked and was comfortable with numbers. And he worked hard to teach himself." ==Career==

Early career Kudlow began his career as a staff economist at the Federal Reserve Bank of New York. Reagan administration During the first term of the Reagan administration (1981–1985), Kudlow was associate director for economics and planning in the Office of Management and Budget (OMB), a part of the Executive Office of the President. Financial services industry In 1987, Kudlow was hired by Bear Stearns as its chief economist and senior managing director. Kudlow also served as an economic counsel to A. B. Laffer & Associates, the San Diego, California, company owned by Arthur Laffer, a major supply-side economist and promoter of the "Laffer Curve", an economic measure of the relationship between tax levels and government revenue. Kudlow was fired from Bear Stearns in the mid-1990s due to his cocaine addiction. In October 2015, U.S. Senator Richard Blumenthal, in an email to supporters, attacked Kudlow despite Kudlow not being a candidate. In early December 2015, Jack Fowler of National Review created a 527 organization that encouraged Kudlow to run. Director of the National Economic Council in 2018 In March 2018, Donald Trump appointed Kudlow to be director of the National Economic Council (NEC), succeeding Gary Cohn. Kudlow's role as director of the NEC was to advise the president on economic matters, devise domestic and international economic policy, ensure policy consistency with the president's goals, and oversee implementation. During his tenure at the NEC, Kudlow sought to promote the Tax Cuts and Jobs Act of 2017 and advance a de-regulatory agenda. Kudlow believed the tax bill would eventually pay for itself, a stance which put him at odds with the Congressional Budget Office, which projected that the act would increase the deficit. Kudlow evinced optimism about U.S. economic prospects. As a proponent of supply-side economics, which emphasizes tax cuts and deregulation to spur economic growth, he was sometimes at odds with Trump's more protectionist stance on trade. Kudlow defended the use of tariffs as a negotiating tool against China. He was a member of the White House's coronavirus task force. After the 2018 G7 Summit in Charlevoix, Canada, he criticized Canadian Prime Minister Justin Trudeau in a candid interview with CNN's Jake Tapper, saying that Trudeau had "stabbed us in the back". Kudlow's tenure at the NEC concluded with the end of the first Trump administration in January 2021. Fox Business In February 2021, Kudlow joined the Fox Business Network as a host, following his tenure as director of the National Economic Council under President Donald Trump. Kudlow, known for his economic commentary, was given the platform to host a weekday show titled "Kudlow," which premiered in early 2021. His program is broadcast at 4 p.m. and 7 p.m. Eastern Time, providing viewers with economic insights, market analysis, and discussions on fiscal policy with various experts and politicians. His show focuses on economic issues from a generally conservative viewpoint, but he also engages in broader economic discussions. He declined an offer to serve in Donald Trump's second administration, opting instead to continue his work at Fox Business. == Views ==

A self-described "Reagan supply-sider", Kudlow is known for his support for tax cuts and deregulation. He 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. Kudlow is not known as a deficit hawk. ==Personal life==

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. In 1981, he married Susan (Cullman) Sicher, whose grandfather was businessman Joseph Cullman and whose great-grandfather was businessman Lyman G. Bloomingdale. The Washington wedding was presided over by U.S. District Judge John Sirica. In 1986, he married Judith "Judy" Pond, a painter and Montana native. In the mid-1990s, Kudlow left Bear Stearns and entered a 12-step program in order to deal with his addictions to cocaine and alcohol. He subsequently converted to Catholicism under the guidance of Father C. John McCloskey III. He 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 a mild heart attack. He was admitted to Walter Reed Army Medical Center in Washington, D.C., and discharged two days later. ==Books==

• American Abundance: The New Economic & Moral Prosperity, 1997, HarperCollins, • ''Bullish On Bush: How George Bush's Ownership Society Will Make America Stronger'', 2004, Rowman & Littlefield, , authored by Stephen Moore and with comments by Kudlow • Tide: Why Tax Cuts Are the Key to Prosperity and Freedom, 2005, HarperCollins, (audio CD) • JFK and the Reagan Revolution: A Secret History of American Prosperity, 2016, Portfolio, , by Lawrence Kudlow (Author) and Brian Domitrovic (Author) ==References==