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.
This year, due to the coronavirus pandemic, Governor Phil Murphy's mandates have kept amusement parks, aquariums, and many local businesses on the beach closed to protect the public health.
Steve Boland, board member at Minnesota Freedom Fund, talks overwhelming support, cash bail reform, and staying active as an activist.
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.
Stocks closed out the week with a bang after a closely watched report on the job market surpised investors by showing that employers added to their payrolls last month, defying predictions they would slash more jobs.
Negotiators for the city of Minneapolis have agreed with the state to ban the use of chokeholds by police and to require police to report and intervene anytime they see an unauthorized use of force by another officer.
On Wednesday morning, a crane lifted Philadelphia's most controversial public statue from the steps of the Municipal Services Building near City Hall.
Eugene Scalia breaks down the May jobs report. Secretary of Labor expects uptick of jobs added to continue as states reopen.
Super Bowl MVP Patrick Mahomes is among more than a dozen NFL stars who united to send a passionate video message to the league about racial inequality.
Wall Street paused on Thursday, and the S&P 500 fell 0.3% for its first loss in five days.
The mural of George Floyd projected above his golden coffin, where mourners knelt and cried, paused and prayed at his memorial service had a simple message: “I can breathe now.”
