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Cattledog

(5,914 posts)
Tue Mar 6, 2018, 06:33 PM Mar 2018

Gary Cohn to Resign as Trumps Top Economic Adviser

Source: NYT

Gary D. Cohn, President Trump’s top economic adviser, plans to resign, becoming the latest in a series of high-profile departures from the Trump administration, White House officials said on Tuesday.

The officials insisted there was no single factor behind the departure of Mr. Cohn, who heads the National Economic Council. But his decision to leave came after he seemed poised to lose an internal struggle amid a Wild West-style process over Mr. Trump’s plan to impose large tariffs on steel and aluminum imports.

“Gary has been my chief economic adviser and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again,” Mr. Trump said in a statement to The New York Times. “He is a rare talent, and I thank him for his dedicated service to the American people.”

Mr. Cohn is expected to leave in the coming weeks. He will join a string of recent departures by senior White House officials, including Mr. Trump’s communications director and a powerful staff secretary.

Read more: https://www.nytimes.com/2018/03/06/us/politics/gary-cohn-resigns.html?action=Click&contentCollection=BreakingNews&contentID=66629684&pgtype=Homepage

19 replies = new reply since forum marked as read
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Gary Cohn to Resign as Trumps Top Economic Adviser (Original Post) Cattledog Mar 2018 OP
that fuckwad piece of shit Trump listens to no one but his fucked up base Skittles Mar 2018 #1
Another one bites the dust.... Chicago1980 Mar 2018 #2
'The officials insisted there was no single factor behind the departure of Mr. Cohn...' C Moon Mar 2018 #3
Chaos what chaos? GusBob Mar 2018 #4
He might as well, there's no money left in the Treasury after this pack the thieves. ffr Mar 2018 #5
Rachel will have to start a whole new board NastyRiffraff Mar 2018 #6
Probably move into a bigger studio in anticipation of departures to come. LastLiberal in PalmSprings Mar 2018 #11
Chaos reigns. gademocrat7 Mar 2018 #7
Anyone who stays in the TRUMP Administration for long is committing career suicide. Still In Wisconsin Mar 2018 #8
See Ya, Gary . . I Don't Blame Ya OldManTarHeel Mar 2018 #9
It's gonna be a bad day for the markets tomorrow. herding cats Mar 2018 #10
It might. Ryan and others repukes have expressed unhappiness with the way still_one Mar 2018 #13
Tomorrow will be rough for investors either way. herding cats Mar 2018 #14
That is correct, but I have seen futures down heavy after the market close, to open up neutral the still_one Mar 2018 #18
Did no one tell Cohn UpInArms Mar 2018 #12
Cohen was fine with Trump suporting Nazi's, but he draws the line at the $$$ BiminiTwisted Mar 2018 #15
Pathetic. They can't keep anyone in that administration. Total chaos. nt Honeycombe8 Mar 2018 #16
Will the last person to leave the White House please turn off the lights. n/t Mr. Sparkle Mar 2018 #17
Link to DW nitpicker Mar 2018 #19

Skittles

(153,147 posts)
1. that fuckwad piece of shit Trump listens to no one but his fucked up base
Tue Mar 6, 2018, 06:35 PM
Mar 2018

we cannot get rid of him SOON ENOUGH

C Moon

(12,212 posts)
3. 'The officials insisted there was no single factor behind the departure of Mr. Cohn...'
Tue Mar 6, 2018, 06:37 PM
Mar 2018

Trump only listens to Putin.

ffr

(22,669 posts)
5. He might as well, there's no money left in the Treasury after this pack the thieves.
Tue Mar 6, 2018, 06:40 PM
Mar 2018

Lock these grifters up! I mean Ryan and McConnell too!

 

Still In Wisconsin

(4,450 posts)
8. Anyone who stays in the TRUMP Administration for long is committing career suicide.
Tue Mar 6, 2018, 06:44 PM
Mar 2018

Sure, you might get the occasional interview gig with Hannity or somewhere else on Fox, but your career in any legitimate governmental capacity is going to be kaput.

herding cats

(19,564 posts)
10. It's gonna be a bad day for the markets tomorrow.
Tue Mar 6, 2018, 06:49 PM
Mar 2018

Economic chaos brought to you by the despicable duo, Putin/Trump.

still_one

(92,136 posts)
13. It might. Ryan and others repukes have expressed unhappiness with the way
Tue Mar 6, 2018, 07:03 PM
Mar 2018

trump is doing this. The question is will they introduce legislation to stop trump on this?

My bet is they won’t stand in trump’s way

herding cats

(19,564 posts)
14. Tomorrow will be rough for investors either way.
Tue Mar 6, 2018, 07:45 PM
Mar 2018

When I checked earlier after-hours trading was down around 350 points.

Everything Trump touches dies.

still_one

(92,136 posts)
18. That is correct, but I have seen futures down heavy after the market close, to open up neutral the
Tue Mar 6, 2018, 09:41 PM
Mar 2018

next day. There is so many games that are played now from high frequency trading, to placing orders on various indexes to affect the bid/ask price to move the market one way or another, then acting to take advantage of those market moves,and removing the original order before it get executed.

Your assessment about trump is right on.

The one's that will be impacted immediately by any downward move will be those that have to sell.

UpInArms

(51,280 posts)
12. Did no one tell Cohn
Tue Mar 6, 2018, 06:59 PM
Mar 2018

Lie down with dogs, get up with fleas

Another infested piece of shit out the door.

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