Larry Kudlow, a CNBC television commentator who has informally advised President Trump on economic issues, is now the top contender to head the National Economic Council, according to three people close to the president.
Chris Liddell, a former executive at Microsoft Corp MSFT.O and General Motors Co GM.N , is also under consideration for the job, a White House official said on Sunday.
Larry Kudlow worked at the Office of Budget and Management during the Reagan administration.
Kudlow's selection would be especially noteworthy because he is an avid free-trader who is firmly opposed to the sweeping tariffs on steel and aluminum imports that the President signed last week - against the advice of Republican leaders on Capitol Hill and some of his own advisers.
"I think he has the inside track", Cramer said.
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Trump acknowledged at the White House on Tuesday that he and Kudlow "don't agree on everything", but said the media personality has "come around to believing in tariffs ... as a negotiating point".
Kudlow, a free trade advocate and CNBC commentator, has also publicly criticized the president's tariff plan, but Trump said they agreed on most matters.
Kudlow is now a senior contributor at CNBC after being host of the business news network's long-running primetime show The Kudlow Report, and before that Kudlow & Cramer with Jim Cramer He also hosts the weekly nationally syndicated radio program The Larry Kudlow Show.
Trump added that Kudlow "has a very good chance" of ultimately being named. In the same interview where he defended Cohn, Kudlow called Mr. Trump's tariffs "prosperity killers".
He did, however, float the possibility of Cohn returning to the White House in a different capacity.