Axios Mar 14
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Larry Kudlow accepts job as Trump's top economic advisor

Larry Kudlow
Photo by Adam Jeffery/CNBC/NBCU Photo Bank via Getty Images.

Conservative commentator and economic analyst Larry Kudlow has accepted the job of chairman of the White House National Economic Council, filling the vacancy left by Gary Cohn, according to a statement issued by the White House.

Why it matters: A source earlier told Axios' Jonathan Swan that President Trump thinks Kudlow can get him good TV coverage. As CNBC's Jim Cramer put it: "The president, I believe, is listening to Larry Kudlow on our air, and likes what he hears."

Editor's note: This post has been updated to reflect Kudlow's acceptance of the job.

Jonathan Swan 3 hours ago
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McMaster out, Bolton in as National Security Adviser

Bolton. Photo: Drew Angerer/Getty Images

H.R. McMaster plans to resign and will be replaced as national security adviser by former U.N. ambassador John Bolton. The White House said McMaster's departure had been under discussion for some time and that the process was sped up to end speculation about the role. McMaster will stay on until mid-April.

Bottom line: This isn’t about ideology — unlike Trump, Bolton is hawkish and interventionist on foreign policy. This is about personal chemistry. 

Khorri Atkinson 2 hours ago
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Meet John Bolton, Trump's new national security adviser

Former U.S. Ambassador to the United Nations John Bolton speaks during the Conservative Political Action Conference last month. Photo: Alex Wong / Getty Images

President Trump said Thursday that national security adviser H.R. McMaster, who's resigning, will be replaced by John R. Bolton, a hawkish former United States ambassador to the United Nations.