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.
Australia says it will fight against plans to downgrade the Great Barrier Reef’s World Heritage status due to climate change, while environmentalists are applauding the U.N. World Heritage Committee’s proposal.
he Supreme Court has decided unanimously that the NCAA cannot enforce rules limiting education-related benefits that colleges offer to student athletes — things like computers and paid internships.
A sharply limited number of fans will be allowed to attend the Tokyo Olympics. The decision announced Monday comes as organizers try to save some of the spirit of the Games where even cheering has been banned.
The Supreme Court has dismissed a challenge to the Obama era health care law, preserving insurance coverage for millions of Americans.
The Supreme Court has ruled that the city of Philadelphia violated the Constitution by limiting its relationship with a Catholic foster care agency over that group's refusal to certify same-sex couples as foster parents.
President Joe Biden has signed legislation Thursday establishing a new federal holiday commemorating the end of slavery, saying he believes it will go down as one of the greatest honors he has as president.
The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.
How much do you think cops make? A few hundred thousand per year? It sounds extreme, but this is the case in many cities across the country thanks to a slew of financial perks in ironclad union contracts.
The Federal Reserve is holding steady on the dovish policy stance that it's maintained since the beginning of the pandemic but not without a hat-tip to those worried about rising inflation.
Just 40 years ago, New York City's Times Square was a very different place: crime-ridden and adult theaters as the main source of entertainment. Cheddar explains how it went from this to one of the top tourist attractions in the world.
