White House economic adviser Gary Cohn is resigning, according to the New York Times.
While no specific reason for his departure was given, the former Goldman Sachs COO has voiced strong opposition to President Trump’s proposed steel and aluminum tariffs, a position shared by many, even in the Republican party.
RNC spokesperson Kayleigh McEnany spoke with Cheddar before the news broke and said that, while it’s fine to have differing opinions within the GOP, ultimately Republicans have “to stand behind the president.”
“He is the only Republican that has won a national election,” she said. “He is the voice of our party, unmistakably.
“People forget that he got 13.3 million Republican votes. That’s more than any other nominee in the party’s entire history. Republicans like the Trump messaging. Republicans like the Trump tariffs.”
Critics of the president’s tariffs argue that the import taxes could ignite a trade war with U.S. allies and have a catastrophic effect on the economy. Earlier on Tuesday House Speaker Paul Ryan called for a more “targeted” plan to avoid potential retaliation.
The demonstration Wednesday centered on fears Bukele may try for re-election in 2024. Protests also voiced concern about the president's concentration of power and the controversial decision to make the cryptocurrency Bitcoin legal tender.
President Joe Biden is trying to hammer out the world’s next steps against rapidly worsening climate change in a private, virtual session with a small group of other global leaders.
The Federal Reserve is reviewing the ethics policies that cover the financial holdings of its senior officials in the wake of disclosures that two regional Fed presidents engaged in extensive trading last year.
North Korea said it successfully launched ballistic missiles from a train for the first time and was continuing to bolster its defenses, after the two Koreas test-fired missiles hours apart in dueling displays of military might.
The slaughter of 1,428 white-sided dolphins as part of a four-century-old traditional drive of sea mammals into shallow water in the Faeroe Islands where they are killed has reignited a debate in the small North Atlantic islands.
The U.S., Britain and Australia have announced they’re forming a new security alliance that will help equip Australia with nuclear-powered submarines.
The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs.
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President Joe Biden has invited CEOs and business leaders to the White House to discuss COVID-19 mandates.
Massachusetts’ governor has activated the state’s National Guard to help with busing students to school as districts across the country struggle to hire enough drivers.
