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.
Senate Majority Leader Mitch McConnell has blocked Democrats’ push to immediately bring President Donald Trump’s demand for bigger $2,000 COVID-19 relief checks up for a vote.
As 2020 winds to a close, the industry will head into 2021 propelled by titanic shifts in the perception of cannabis in the U.S. and unprecedented political tailwinds.
The House voted Monday to increase COVID-19 relief checks to $2,000, meeting President Donald Trump’s demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain.
Southwest Airlines says it's not going to furlough workers in 2021 after all. The airline's CEO says that with Washington's approval of $15 billion in new federal aid to airlines, furloughs or pay cuts aren't needed.
President Donald Trump’s last-minute demand for $2,000 checks for most Americans has thrown the yea-end COVID relief into chaos. House Republicans on Thursday swiftly rejected the demand.
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.
Following 2020's Hanukkah celebration, Cheddar's Jill Wagner looks into the often overlooked issue of antisemitism still plaguing the United States.
Britain and the European Union have struck a provisional free-trade agreement that should avert New Year’s chaos for cross-border commerce and bring a measure of certainty to businesses after years of Brexit turmoil.
President Donald Trump has plunged Washington into chaos once more by mounting another desperate attempt to cling to power while leaving lawmakers scrambling to respond to his threat to detonate Congress’ massive COVID-19 relief and year-end package.
President Donald Trump has vetoed the annual defense policy bill, following through on threats to veto a measure that has broad bipartisan support in Congress and potentially setting up the first override vote of his presidency.
