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 Treasury Department says 39 million families are set to receive monthly child payments beginning on July 15.
China has landed a spacecraft on Mars for the first time in the latest step forward for its ambitious space program.
Gas shortages have spread from the South, almost exhausting supplies in Washington, DC. The runs on gasoline follow a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
Cheddar explains why some European countries are building new bicycle superhighways and how it'll transform their transportation landscape.
Two men detained by British immigration officials in Glasgow have been released after a seven-hour standoff between hundreds of protesters and Scottish police.
Republicans have vaulted Rep. Elise Stefanik into the ranks of House leadership. The upstate New York Republican was elected to the party's No. 3 post on Friday.
The CDC is easing indoor mask-wearing guidance for fully vaccinated people, allowing them to safely stop wearing masks inside in most places. The new guidance was announced Thursday at the White House.
The number of Americans seeking unemployment benefits fell last week to 473,000, the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
A worrisome bout of inflation struck the economy in April, with U.S. consumer prices surging 0.8%, the largest monthly jump in in more than a decade and the year-over-year increase reaching its fastest rate since 2008.
Republicans have dumped Rep. Liz Cheney from her House leadership post. The reason: Her persistent repudiation of President Donald Trump’s election falsehoods.
