National Economic Council

Larry Kudlow is Trump's New Top Economic Advisor

Larry Kudlow will take the job of top economic advisor to President Donald Trump, replacing Gary Cohn.

On Wednesday, Kudlow and the White House confirmed the economist and senior CNBC contributor accepted the post of National Economic Council director. The president offered Kudlow the job on Tuesday night after other conversations between the pair on Sunday and Monday.

Trump's Chief Economic Adviser Resigned

Donald Trump's Chief Economic Adviser, Gary Cohn, Director of the National Economic Council, resigned, reported AFP and Reuters.

Cohn was firmly opposed to the President's decision to impose import duties on steel and aluminum. He tried to dissuade Trump from his intention, but the head of state confirmed yesterday that he would impose the duties in the coming days, AP notes.

Bulgaria's Economy Minister to Chair Newly Established National Economic Council

A National Economic Council will advise Bulgaria's Council of Ministers on determining and implementing the country's economic policy.

According to the press office of the government, the new Council will analyze and propose measures to support innovations and investment activities aimed at boosting the competitiveness of Bulgaria's economy.