Trump aide exit triggers fresh worry
Washington: Gary D. Cohn, President Trump's top economic adviser, said on Tuesday that he would resign, becoming the latest in a series of high-profile departures from the Trump administration.
White House officials insisted that there was no single factor behind the departure of Cohn, who heads the National Economic Council. But his decision to leave came as he seemed poised to lose an internal struggle over Trump's plan to impose large tariffs on steel and aluminium imports.
Cohn had warned last week that he might resign if Trump followed through with the tariffs, which Cohn had lobbied against internally.
"Gary has been my chief economic adviser and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms," 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."
Cohn is expected to leave in the coming weeks. He will join a string of recent departures of senior White House officials, including Trump's communications director and a powerful staff secretary.
Yet the departure of Cohn, a free-trade-oriented Democrat who fended off a number of nationalist-minded policies during his year in the Trump administration, could have a ripple effect on the President's economic decisions and on the financial industry.
New York Times News Service