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Kudlow is a longtime free-markets conservative who supports most of the president's policies, but has also criticized some of his trade policies.

Terry Branstad served more than 22 non-consecutive years as governor of Iowa, helping shift the state's politics to the right. Now he heads to China to steward a delicate diplomatic relationship.

Donald Trump named New York Jets owner Woody Johnson to be ambassador to the U.K. It's a post traditionally reserved for big donors. Obama even named another NFL owner to a different ambassadorship.

Also: This is the third anniversary of the shooting of former Congresswoman Gabrielle Giffords; fewer American kids meet U.S. fitness standards; hundreds are sickened in Japan by tainted food; and baseball's Hall of Fame could see new members voted in today.

Also: A study finds sea levels are rising, blamed on global warming; Ted Cruz fires an aide just before today's Nevada GOP caucuses; and a U.N. agency bans lithium batteries from some flights.

Also: Deal reached on Greek debt and aid; Arafat's grave is opened; North Korea may be preparing a rocket test; Powerball jackpot continues to grow.

Also: despite yesterday's fall, stock prices are up for the year; there's a possible plea in the Wikileaks case; and the British royal family could be linked to Vlad the Impaler, of Transylvania's Count Dracula fame.

Also: The Los Angeles Times' editor is forced out in more newsroom turmoil; Bruno Mars wins several Grammy Awards; and don't forget to get your flu shot.

Also: GM's outside lawyer will set out compensation for victims of an auto defect; parts of Iowa and Illinois see new flooding; and Japan will change its pacifistic defense policy.

Also: Bailout deal reached for Cyprus; 3 things to know about NCAA tournaments; Jerry Sandusky gives first interview from jail; winning $338 million Powerball ticket was sold in Bordentown, N.J.