President Trump plans to name Larry Kudlow as his top economics adviser.

The president offered the position of director of the National Economic Council to Kudlow last night, according to people familiar with the matter. Kudlow immediately accepted.

Trump’s pick of Kudlow was first reported by Eamon Javers of CNBC, the network where Kudlow has appeared as an anchor and pundit for several years.

CNBC reports that the president could make the pick official as soon as Thursday.

Additional reporting from Politico’s Ben White.