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.
El Salvador President Nayib Bukele has announced that he will send proposed legislation to the country’s congress to make bitcoin legal tender in the Central American nation.
California's reservoirs are shrinking quickly as a drought grips the western United States.
Facebook says it will suspend former President Donald Trump's accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.
U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.
Gas pipelines have long been a vulnerable target due to their value and exposed nature, yet while government agencies have doubled down on physical security, cybersecurity has been overlooked for decades.
The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low
Amazon says it will no longer test jobseekers for marijuana use. The e-commerce giant, which is the second-largest private employer in the U.S. behind Walmart, is making the change as several states legalize cannabis.
An emotional President Joe Biden has marked the 100th anniversary of the massacre that wiped out a thriving Black community in Tulsa, Oklahoma.
China's leaders are easing limits on how many children each couple can have, hoping to counter the rapid aging of Chinese society.
The Supreme Court is leaving in place a $2 billion verdict in favor of women who say they developed ovarian cancer from using Johnson & Johnson talc products.
