President Donald Trump's chief economics adviser Larry Kudlow was discharged from the hospital Wednesday and is doing "very well", two days after suffering a heart attack, the White House said.
"National Economic Council Director and Assistant to the President Larry Kudlow is expected to remain at Walter Reed National Military Medical Center as a standard precaution after experiencing what his doctors say was a very mild heart attack yesterday", Sanders said".
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Kudlow replaced Gary Cohn, who resigned in March. White House spokesman Hogan Gidley said in a Twitter posting. "He just said, 'I want you to know I'm fine, I'm going to be fine,"' Laffer said.
Kudlow, who was White House budget director under President Ronald Reagan, is a fervent defender of so-called supply-side economics - the theory that growth is best stimulated by lowering taxes and reducing regulation - an approach embraced by Trump. Kudlow, along with Treasury Secretary Steven Mnuchin, is known as an advocate within the administration of more robust trade in opposition to more protectionist views advocated by trade adviser Peter Navarro.
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Kudlow's heart attack came less than three months after Trump tapped the former CNBC host and commentator to chair the White House's National Economic Council. He was with Trump in Canada last week for the meeting of the Group of Seven world leaders. He has also worked at the Federal Reserve Bank of NY.
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