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.
Authorities say two Ecuadoran children were abandoned by smugglers after being dropped over a 14-foot-high barrier along the U.S.-Mexico border Tuesday evening.
The still-elevated number of unemployment claims shows that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.
With President Biden unveiling a $2.9 trillion infrastructure plan, the old gas tax formula may not be able to serve as a matching revenue source, especially with the consistent drumbeat of growing the electric vehicle market.
The Minneapolis officer who put his knee on George Floyd's neck defended himself to a bystander afterward by saying Floyd was “a sizable guy” and “probably on something."
The Biden administration for the first time has allowed journalists inside its main border detention facility for migrant children.
Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its virtual reality headsets.
President Joe Biden wants $2.3 trillion to reengineer America’s infrastructure and expects the nation’s corporations to pay for it.
Andrew Williamson, vice president of global government affairs and economic adviser for Huawei, spoke to Cheddar about the Chinese telecom company's lack of communication with President Biden regarding ongoing trade tensions with the U.S.
As Cheddar celebrates phenomenal women during the month of March, we're taking a second to highlight a few trailblazers who have helped shape the world we live in.
It's official: Lawmakers and Gov. Cuomo have made New York the 15th state to legalize marijuana for recreational use.
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