Lawrence Kudlow to Become Trump’s White House Economic Adviser

Lawrence Kudlow, a conservative economic commentator whose career included jobs in the White House, Wall Street, radio and business television, will become one of President Donald Trump’s top economic advisers as director of the National Economic Council.

Mr. Kudlow, 70 years old, said he was offered the job after a series of recent phone conversations with the president in which the two discussed differences of opinion about trade, among other things.

Mr. Kudlow, who served as an informal Trump campaign adviser, has spoken out against the tariffs on steel and aluminum that Mr. Trump announced last week. A White House dispute over those tariffs played a role in the decision to step down by Gary Cohn, the previous NEC director.

Mr. Trump called Mr. Kudlow on Sunday while the commentator, an avid tennis player, was on the court. “I thought he was calling to bawl me out because I was so critical,” he said. Instead, he said the president walked through his reasons for implementing tariffs.

Mr. Kudlow said he spoke by phone again with Mr. Trump on Monday and again on Tuesday night, when he said the president offered him the position.

“I immediately accepted,” he said.

The White House confirmed the appointment Wednesday afternoon. “We will work to have an orderly transition,” said press secretary Sarah Huckabee Sanders.

Despite differences on trade, Mr. Kudlow was a strong supporter of tax cuts and deregulation championed by Mr. Trump. The two also have a kinship in television; Mr. Kudlow is a longtime personality on CNBC and has his own radio program. He developed a relationship with Mr. Trump over the last 20 years by interviewing him on those shows.

Mr. Kudlow’s appointment suggests Mr. Trump will continue to hear conflicting voices in the White House. The president has said he likes fielding competing views. In the tariff debate, Mr. Trump sided with trade skeptics who sought to crack down on cheap imports of steel and aluminum.

“The president wants to hear me, even if we disagree. He told me that several times,” Mr. Kudlow said Wednesday.

Beyond trade, Mr. Kudlow, a former budget aide to President Ronald Reagan, has urged the Trump administration to pay more attention to rising budget deficits. He has also voiced unease with suggestions by Mr. Trump that a weak dollar could help the U.S. economy. But he was an early and outspoken supporter of tax cuts and deregulation.

Exactly what role Mr. Kudlow will play in charting new policies isn’t clear. His views are mostly in sync with Mr. Trump on tax policy, where the White House already notched large corporate rate cuts last year.

Treasury Secretary Steven Mnuchin will be among Mr. Kudlow’s most influential counterparts in Washington economic circles, along with White House trade adviser Peter Navarro and Commerce Department Secretary Wilbur Ross. Mr. Kudlow has relationships with all those men from their time together on the Trump campaign, which didn’t have many policy advisers.

The NEC was created by former President Bill Clinton in 1993. Past directors, including Robert Rubin in the 1990s, Lawrence Summers during the 2009 financial crisis, and Mr. Cohn more recently, used the office as a perch to shape thorny Washington policy debates and broker competing views.

But compared with other agencies such as the Treasury Department or Office of Management and Budget, the NEC has little authority beyond whatever power the president invests in it. That means Mr. Kudlow’s role will be shaped largely by the relationship he forges with the president.

Mr. Cohn was respected on Wall Street, in part because market participants believed he wasn’t afraid to challenge Mr. Trump on issues where the president’s views veered from mainstream views in financial circles.

One question facing Mr. Kudlow is whether a team of respected NEC staffers will follow Mr. Cohn out the door. Former administration officials have said recruiting aides of a similar caliber could prove daunting given the White House’s reputation for stirring conflict among staffers and prizing advisers who confirm rather than challenge Mr. Trump’s views.

Mr. Kudlow, who grew up in a Republican family in northern New Jersey’s upwardly mobile suburbs, became a leader of the antiwar movement during the Vietnam War. He earned a bachelor’s degree in 1969 from the University of Rochester, where he majored in history. He later studied politics and economics in a graduate program at Princeton University’s Woodrow Wilson School.

He didn’t finish his degree but landed a job as an assistant to Paul Volcker, then the president of the New York Federal Reserve, before jumping to Wall Street. At 28, he became chief economist at Paine Webber, a prominent brokerage firm, and later took the same position at Bear Stearns, even though he lacked an economics degree.

After a turn through government—he served as the top economist to Reagan budget director David Stockman—he returned to Bear Stearns. In 1994, he resigned and subsequently acknowledged a drug and alcohol addiction. It isn’t clear whether that episode could complicate efforts to obtain security clearances.

For the last 17 years, he has appeared as a commentator and host on various CNBC and radio programs, and he has toyed with running for the Senate as a Republican.

Mr. Kudlow said the president called him earlier Wednesday, after CNBC flashed his picture and reported he was the president’s likely pick. “You’re on TV. You look very handsome,” he said the president told him.

The two men are set to meet in Washington on Thursday, when Mr. Kudlow said the appointment could be formally announced by Mr. Trump.

Bitter White House disputes over trade often put Mr. Cohn in the position of urging Mr. Trump to buck his intention to demand large tariffs. Referring broadly to the deliberative process around setting economic policy, Mr. Kudlow said, “The process needs some bolstering.”

There is little indication Mr. Kudlow’s appointment will smooth over the deep divisions on trade that fed Mr. Cohn’s exit. For example, in an interview on CNN last week, Mr. Navarro said Mr. Kudlow had “never, ever supported the president on trade” and dismissed his argument that tariffs could cause more job losses in downstream industries that use steel products than they would save in the steel industry. Mr. Kudlow was “dead wrong on the economics,” said Mr. Navarro.

Mr. Kudlow said Wednesday he considers Mr. Navarro a “good friend.” He said he wasn’t fazed by the trade disputes or the unusually high level of staff turnover in the administration, which included the firing of Secretary of State Rex Tillerson on Tuesday.

“Let me just put it this way: The more I watch him in this job as president, the higher my regard for him has become,” Mr. Kudlow said of Mr. Trump. “I’m just going to give it my best shot.”

While Mr. Kudlow had been particularly outspoken against the steel and aluminum tariffs, he said Wednesday he was encouraged by Mr. Trump’s decision to grant temporary waivers, including so far to Canada, Mexico and Australia.

“He said to me several times, ‘I believe in global trade. I regard myself as a global trader, but it has to be fair trade to protect America,’” Mr. Kudlow said. “I’m on board with that. I personally hope widespread tariff use—it doesn’t come to that. But in some cases, it will.”

Mr. Kudlow foreshadowed a larger round of tariffs against Chinese imports that is being prepared. He said while he doesn’t support broad-based tariffs, “I am very strongly in favor of tariffs on China, because they continue to violate our intellectual property rights and so forth.”

At one point during their call Tuesday, Mr. Kudlow said the president seemed to revel in the fact that his staff didn’t know they were discussing the job. The president told him, “‘No one else knows that you and I are having this conversation.’ I loved it,” said Mr. Kudlow. “He is who he is.”

2)   5 kalimat Passive Tense

1. A White House dispute over those tariffs played a role in the decision to step down by Gary Cohn
2. Mr. Kudlow was a strong supporter of tax cuts and deregulation championed by Mr. Trump
3. He has also voiced unease with suggestions by Mr. Trump
4. That means Mr. Kudlow’s role will be shaped largely by the relationship he forges with the president
5. he said Wednesday he was encouraged by Mr. Trump’

3)   Merubah kalimat Passive menjadi Active

1. Gary chon plays a white building dispute over tariffs
2. Mr. Trump fought for kudlow for a strong supporter of tax cutter and deregulation
3. Mr Trump voice suggestion has unease him
4. The President will form Mr Kudlow's role as great with his dealings
5. Mr. Trump encouraged him on Wednesda

1  4)  10 kalimat mengubah Passive Voice menjadi Active Voice

    

1

11.     Simple Present Tense

Passive : The foods and beverages are sold by my mum

Active  : My mum sells the foods and beverages

          Rumus

a.     Pasif: O+ am/is/are+ verb 3+ by+ A

b.    Aktif: S+ verb 1/ verb 1-s/es+ O

22.     Simple Present Tens

Passive : My pen is borrowed by him everyday

Active   : He borrows my pen everyday

          Rumus

a.     Pasif: O+ am/is/are+ verb 3+ by+ A

b.    Aktif: S+ verb 1/ verb 1-s/es+ O

33.  Simple Past Tense

Passive : A letter was written by Johan

Active   : Johan wrote a letter

          Rumus

a.     Pasif: O+ was/were+ verb 3+ by+ S

b.    Aktif: S+ V2+ O

44.  Simple Past Tense

Passive : My bag was hidden by Soni

Active   : Soni hid my bag

Rumus

a.     Pasif: O+ was/were+ verb 3+ by+ S

b.    Aktif: S+ V2+ O

55.  Present Progressive Tense

Passive : The document is being processed by the computer

Active   : The computer is processing the document

          Rumus

a.     Pasif: O+ am/is/are+ being+ verb 3+ by+ S

b.    Aktif: S+ Am/is/are+ (V1+ing)+ O

66.  Present Progressive Tense

Passive : The goods are being gathered by them

Active   : They are gathering the goods

Rumus

a.     Pasif: O+ am/is/are+ being+ verb 3+ by+ S

b.    Aktif: S+ Am/is/are+ (V1+ing)+ O

77.   Past Progressive Tense

Passive : Those martabaks were being cooked by Tania in the Kitchen

Active   : Tania was cooking those martabaks in the kitchen

          Rumus

a.     Pasif: O+ was/were+ being+ verb 3+ by+ S

b.    Aktif: S+ was/were+ (V1+ing)+ O

88.  Present Prefect Tense

Passive : My motorcycle has been repaired by him

Active   : He has repaired my motorcycle

          Rumus

a.     Pasif: O+ have/has+ been+ verb 3+ by+ S

b.    Aktif: S+ have/has+ verb 3+ O

99.  Present Prefect Tense

Passive : The mp3 has been listened by us

Active   : We have listened the mp3

Rumus

c.      Pasif: O+ have/has+ been+ verb 3+ by+ S

d.    Aktif: S+ have/has+ verb 3+ O

1 10.     Past Perfect Tense

Passive : The Nobita's sel phone had been broken by Giant

Active  : Giant had broken the Nobita's sel phone 

Rumus

a.     Pasif: O+ had+ been+ verb 3+ by+ S

b.    Aktif: S+ had+ verb 3+ O