Tag: Gary Cohn

Trump Picks CNBC Host & Trump Supporter Larry Kudlow as Top Economic Adviser

President Trump has chosen economist and media analyst Larry Kudlow to direct the National Economic Council, Politico reported Wednesday. Kudlow will replace Gary Cohn, the Goldman Sachs executive who resigned from the post amid disagreements over Trump’s steel and aluminum import tariffs. Trump called Kudlow on Tuesday night to offer the job, and Kudlow accepted,…

Gary Cohn Resigns As Trump’s Top Economic Adviser

National Economic Council Director Gary Cohn has resigned, the White House said Tuesday. He will “leave in the coming weeks,” The New York Times reported. Cohn was President Trump’s chief economic adviser, though he had differed with the president on a variety of issues, including Trump’s response to a white nationalist rally in Virginia last…

Gary Cohn: Trump Team ‘Must Do Better’ to Condemn Hate Groups

Gary Cohn, the top economic adviser in the Trump White House, is now on-the-record criticizing the president’s botched response to the deadly white-supremacist rally in Charlottesville this month. “This administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in…

Trump To Propose Cutting Corporate Tax Rate To 15 Percent

On Wednesday, President Trump will announce his plan to overhaul the tax code, including his proposal to cut the corporate tax rate from 35 percent to 15 percent, White House officials told The Washington Post on Monday. Independent analysts have estimated a cut this severe could cost the federal government $2.4 trillion over 10 years,…

Trump Adviser Gary Cohn Gets $100M Goldman Payout

President Trump’s top economic adviser, Gary Cohn, will leave his post at Goldman Sachs with a payout worth more than $100 million. The former second-in-command at the Wall Street firm has been tapped by the commander-in-chief to head the National Economic Council. Cohn worked at the investment bank for 25 years, but he was forced…