President Donald Trump has picked Larry Kudlow, a conservative television commentator and campaign adviser to replace Gary Cohn as the director of the White House Economic Council, multiple outlets, including CNBC and The Washington Post reported Wednesday.
CNBC said the announcement of Trump's decision could come as soon as Thursday.
Kudlow, 70, would succeed Cohn, who resigned last week after losing an internal battle at the White House over tariffs, a decision he bitterly opposed.
Kudlow, too, has been critical of Trump's decision to impose the steel and aluminum tariffs.
However, Kudlow has been an informal adviser to Trump the past year and during his presidential campaign. He also worked closely with Treasury Secretary Steven Mnuchin on the design of an initial tax plan.
Trump on Tuesday teased the decision to hire Kudlow, telling reporters he "has a very good chance" to replace Cohn.
"I’m looking at Larry Kudlow very strongly,” Trump said. "He now has come around to believing in tariffs.”
CNBC reported that Trump offered the position to Kudlow on Tuesday night and that he has accepted.
Kudlow was an economic adviser to President Ronald Reagan.