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.
The U.S. House of Representatives narrowly approved a $3 trillion coronavirus stimulus bill on Friday that includes provisions for cannabis banking, even as opposition to the measure builds in the Republican-controlled Senate.
Stocks are mixed in early trading on Wall Street Tuesday, a day after the market had its biggest jump in more than five weeks.
Director of the Rhode Island Labor Department, Scott Jensen discussed how Amazon's tech aided the state amid the widespread unemployment during the pandemic.
President Donald Trump said Monday that he is taking a malaria drug to lessen symptoms should he get the new coronavirus, even though the drug is unproven for fighting COVID-19.
As large swaths of New York begin to reopen this weekend, mayors and local officials across the state are feeling the squeeze from budget cuts, furloughs, and frustrated constituents.
WHO Director-General Tedros Adhanom Ghebreyesus says he will begin an independent evaluation of the U.N. health agency’s response to the coronavirus pandemic “at the earliest appropriate moment.”
Congressman Peter King (R-N.Y. 2nd District) tells Cheddar exclusively that he plans to vote in favor of the $3 trillion coronavirus relief bill introduced by Democratic Speaker of the House Nancy Pelosi earlier this week.
The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors.
The stock market ended a choppy day higher as a turnaround by banks and energy companies helped end a two-day losing streak.
New Jersey's governor issued long-awaited guidance Thursday to Jersey Shore towns on how to safely reopen their beaches as the summer season beckons amid the coronavirus outbreak.
