Larry Kudlow speaks on the set of CNBC at the...

Larry Kudlow speaks on the set of CNBC at the New York Stock Exchange on March 8. Credit: AFP / Getty Images / Bryan R. Smith

WASHINGTON — President Donald Trump is confirming he’s picked CNBC contributor Larry Kudlow as his top economic adviser and says the country is in line for a long run of upbeat financial news.

Trump tweets that the U.S. “will have many years of Great Economic & Financial Success, with low taxes, unparalleled innovation, fair trade and an ever expanding labor force leading the way!”

Kudlow is succeeding Gary Cohn, a former Goldman Sachs executive, at the White House. Cohn is leaving after a dispute over Trump’s decision to impose tariffs on imported steel and aluminum.

Kudlow served in the Reagan administration and has emerged as a leading proponent of tax cuts and a smaller government.

Kudlow is joining the administration in the middle of a Cabinet and West Wing overhaul.

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