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.
Democratic presidential candidate Joe Biden will not travel to Milwaukee to accept his party's White House nomination because of concerns over the coronavirus.
U.S. stock indexes drifted higher Tuesday as Wall Street's big rally eased off the accelerator.
President Donald Trump has signed into law legislation that will devote nearly $3 billion annually to conservation projects, outdoor recreation and maintenance of national parks and other public lands.
A Manhattan prosecutor trying to get President Donald Trump’s tax returns told a judge that he was justified in demanding them, citing public reports of “extensive and protracted criminal conduct at the Trump Organization.”
Since March, there have been 423 workplace litigation cases related to COVID-19, according to a tracker developed by the law firm Fisher Phillips.
Parents in Georgia, Louisiana, Mississippi and Tennessee are among those who will be the first to navigate the new academic year as schools open up in parts of those states this week.
While the U.S. economy shrank at an annualized rate of 32.9 percent during the second quarter, the downturn didn't seem to affect Facebook at all.
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.
Dr. Anthony Fauci has told lawmakers that once a coronavirus vaccine is approved as safe and effective, Americans should have widespread access within a reasonable time.
President Trump has rolled back and an Obama-era fair housing policy, allowing developers to bypass building affordable housing in suburban neighborhoods. David Sanchez, director of research & development at National Community Stabilization Trust, assesses the move as a rallying call to Trump's base ahead of the November election.
