Top Trump economic aide Gary Cohn resigns

WASHINGTON — In the latest staff shakeup to rattle the White House, President Trump’s most senior economic adviser, former investment banker Gary Cohn, will leave his post in a few weeks, it was announced Tuesday. Cohn leaves after scoring a victory with a vast tax-cut law but suffering a defeat with the looming imposition of U.S. tariffs on steel and aluminum imports.

“It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform,” Cohn said in a statement distributed by Trump’s press office. “I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future.”

It was not immediately clear who would replace Cohn, a free-trade Democrat who served as president and chief operating officer for the Wall Street giant Goldman Sachs for a decade but found himself in frequent clashes with the protectionist forces in Trump’s West Wing. Allies of Stephen Bannon, the nationalist former senior strategist purged last year, mockingly referred to him as “Globalist Gary.”


Source : Yahoo