Trump’s Top Economic Advisor to Resign
The decision by Gary Cohn comes in the wake of an administration plan for steel and aluminum tariffs that the free-trade supporting advisor was known to oppose. The former Goldman Sachs president, credited with helping push the Republican’s $1.5 trillion tax bill passed last year, is expected to leave in the coming weeks. Meanwhile, the president is reportedly considering media personality and campaign advisor Larry Kudlow as a possible replacement. Cohn’s exit might impact the financial sector as the market saw a dip in late August when his departure was last in the air.