Gary Cohn To Step Down From Trump Administration Impelreport
Gary Cohn, who has served as President Donald Trump’s chief economic adviser since last year, will step down from his position, the White House confirmed Tuesday. He will leave his role as director of the National Economic Council in “the coming weeks,” according to New York Times, which first reported the news.
Cohn had been rumored to be considering leaving the White House over concerns with Trump’s recently-announced 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,” said Cohn in a statement. “I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future.”
“Gary has been my chief economic advisor and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again,” Trump said in a statement. “He is a rare talent, and I thank him for his dedicated service to the American people.”
Cohn previously was reported to have considered resigning in August 2017 over Trump’s response to the white supremacist rally in Charlottesville, Virginia. In an interview with the Financial Times at the time, Cohn criticized Trump for blaming “both sides” for the violence, arguing that the White House “can and must do better inconsistently and unequivocally condemning these groups.”
He is the latest in a series of high-profile departures from the White House. Most recently, communications director Hope Hicks, one of the president’s most trusted advisers, decided to step down from her post. Prior to joining the White House, Cohn was the chief operating officer of investment bank Goldman Sachs.