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After months of flirting with a run for the U.S. Senate, CNBC senior contributor Larry Kudlow has decided his future remains in television, not Washington.
Ludlow told Page Six “I thought about how much being on CNBC and doing my radio show means to me, how much I enjoy it, and I didn’t want to give it up…In my heart, I just wanted to stay with it. CNBC is giving me extended coverage and a broader mandate. They want me to cover the election and have a larger presence. I have a new contract, but the money side didn’t change.”
Exact details of the arrangement with CNBC remain private. “We don’t comment on terms but we’re thrilled to have Larry stick around,” a network spokesperson told TVNewser.
In September, Kudlow told an interviewer he was “leaning toward” a Senate run, an idea which began as a protest against Connecticut Sen. Richard Blumenthal‘s vote in favor of the Iran deal.
It was believed Kudlow, even with his advantage of name recognition, would have had an uphill battle in Connecticut, where it’s been 77 years since a Republican challenger defeated an incumbent Democratic senator.