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.
With millions of Americans waiting for their chance to get the coronavirus vaccine, a fortunate few are getting bumped to the front of the line as clinics scramble to get rid of extra, perishable doses at the end of the day.
An improved economy overall would mean an uptick in mortgage rates, and with Biden committed to a $1.9 trillion stimulus package and a more robust coronavirus response, that's exactly what mortgage experts are anticipating.
The Supreme Court has brought an end to lawsuits over whether Donald Trump illegally profited off of his presidency.
President Joe Biden has directed his intelligence community to study the threat of domestic extremism in the United States.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Rep. John Garamendi, a Democrat from California, praised President Biden's pic for heading the Department of Defense, Lloyd Austin.
Tom Price, former secretary of Health and Human Services under President Trump, talked to Cheddar about the new administration's plans for taking on COVID-19.
Lloyd J. Austin, the West Point graduate who rose to the Army’s elite ranks and marched through racial barriers in a 41-year career, has won Senate confirmation to become the nation’s first Black secretary of defense.
House Speaker Nancy Pelosi will send the article of impeachment against Donald Trump to the Senate on Monday.
Cheddar takes a look at newly installed President Joe Biden's personal stamp on the Oval Office.
