FREE NEWS LINKS
HOME SEARCH
Updates & changes ongoing ....
---- Although this site is https-secure, we cannot guarantee that it or any provided links are safe; be sure your antivirus and other security systems are up to date.
Also see: Bitcoin; blockchain; advisers;
Jump to: 2017; 2018;
Undated: Gary David Cohn (born August 27, 1960) is an American investment banker who served as the 11th Director of the National Economic Council and was the chief economic advisor to President Donald Trump from 2017 to 2018.[1][2] He was the president and chief operating officer of Goldman Sachs from 2006 to 2017. Cohn is a registered Democrat, but has donated extensively to Republican politicians as well.[3][4][5]
Cohn was one of the most influential voices in the Trump administration.[6] On March 6, 2018, it was reported that Cohn planned to resign from his position in the coming weeks.[7] He left the White House on April 2, 2018, after his replacement, Larry Kudlow, took up his post.
https://en.wikipedia.org/wiki/Gary_Cohn_%28investment_banker%29
-- 2017 --
January 24: Gary Cohn Leaves Goldman Sachs For Trump Administration With Over $100 Million Payday
https://www.forbes.com/sites/antoinegara/2017/01/24/former-goldman-president-gary-cohn-leaves-for-trump-administration-with-over-100-million-payday/#469ed1084131
-- 2018 --
March 3: Since President Trump announced on Thursday that his administration plans to impose tariffs on steel and aluminum imports, many have expressed opposition to the move. And as it turns out, those reportedly include people within the administration.
“Trump’s chief economic adviser, Gary D. Cohn, warned the chief of staff, John F. Kelly, that he might resign if the president went ahead with the plan
https://www.aol.com/article/news/2018/03/03/report-gary-cohn-threatened-to-resign-from-trump-administration-over-trade-tariffs/23375971/
March 6: Gary Cohn To Step Down From Trump Administration
The former Goldman Sachs executive has served as Trump’s chief economic adviser since the president’s inauguration.
https://www.huffingtonpost.com/entry/gary-cohn-resigning_us_5a9f170ee4b0e9381c132858
March 6: Gary Cohn’s Exit Leaves Major Void in Trump’s Orbit
He will be latest senior official to leave administration
The departure of Gary Cohn, Donald Trump’s top economic adviser, instantly creates another key West Wing vacancy and removes a widely respected figure from the president’s ever-changing orbit.
Cohn’s departure is merely the latest from the Trump administration and comes amid a disagreement over the president’s promised steel and aluminum tariffs, which Cohn opposes. The president made clear again on Tuesday he is moving forward over the objections of Cohn, Republican lawmakers, many economists and a list of national security experts.
The White House confirmed his resignation, first reported by The New York Times, in a statement Tuesday evening. Though it did not mention tensions, it did state the duo “for several weeks ... had been discussing ... that it was nearing time for him to transition out.” He is expected to stay on for “a few weeks.”
https://www.rollcall.com/news/politics/report-trump-economic-adviser-gary-cohen-resign
March 6: At a news conference in January, Gary Cohn, who was the Goldman Sachs No 2 for a decade, found himself called to the lectern by Donald Trump. The president had been asked by a reporter whether Cohn was happy in his job as director of the national economic council.
“Come here, Gary,” Trump said. “Are you happy?”
“Yes, I’m happy,” Cohn replied through a clenched smile. “How’s that?”
By Tuesday, Cohn was apparently no longer happy, becoming the most recent in a parade of departures from the White House. In a year in the Trump administration, Cohn had successfully engineered a huge deliverable for some of his peers in the financial community in the form of juicy tax cuts.
But privately, Cohn harbored strong objections to the president’s leadership, reportedly going so far last summer as to draft a letter of resignation after the president blamed “both sides” for racist violence in Charlottesville, Virginia. Cohn also held a low personal estimation of the president, finding him “dumb as shit”, according to the journalist Michael Wolff in his book Fire and Fury.
In that judgment, Cohn was hardly unique in the White House, but in other ways, he was a singular – and increasingly lonely – figure. He was a registered Democrat in a Republican administration, a top professional in a crowd of family members and first-timers, and a globalist who resisted the president’s strong protectionist urges.
https://www.theguardian.com/us-news/2018/mar/06/gary-cohn-resigns-democrat-tariffs-trump
https://www.theguardian.com/us-news/2018/mar/06/gary-cohn-resigns-democrat-tariffs-trump
March 7: Why the Stock Market Freaked Out After Trump Advisor Gary Cohn Resigned
http://time.com/money/5188794/gary-cohn-resigns-economic-advisor-stocks/
March 7: So how much might Cohn’s departure cost the Trump Hotel? Some back of the Benjamin Bar cocktail napkin math:
The White House says that when officials stay in the hotel, a group that has at times included Treasury Secretary Steven Mnuchin and Small Business Administrator Linda McMahon, they “have been personally paying a fair market rate.” If “fair market rate” means “the rate everyone else pays,” a Monday to Friday stay in a Deluxe Room–the cheapest available–costs $2,052.64. If Cohn stays in one of those 50 times a year, that’s a bill of $102,632 (factoring in the Stay Longer, Save More promotion, but not the occasional $140 crystal spoonful of Hungarian wine).
A one-bedroom executive suite, booked 21 days in advance, would cost about $391,525 a year, more than 10 times the $30,000 salary Cohn accepted to work at the White House. On the other hand, it costs less than 2 percent of the $285 million severance package Cohn received when he left Goldman to join the administration.
https://www.washingtonian.com/2018/03/07/gary-cohn-trump-hotel-resignation-guest/
March 8: 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 Mr. Cohn, who heads the National Economic Council. But his decision to leave came as he seemed poised to lose an internal struggle over Mr. Trump’s plan to impose large tariffs on steel and aluminum imports. Mr. Cohn had warned last week that he might resign if Mr. Trump followed through with the tariffs, which Mr. Cohn had lobbied against internally.
https://www.nytimes.com/2018/03/06/us/politics/gary-cohn-resigns.html
March 8: Trump thanks Gary Cohn, envisions him returning to White House
During a Cabinet meeting at the White House, President Trump thanks his departing economic adviser Gary Cohn, adding, “He may be a globalist but I still like him.”
https://www.msnbc.com/msnbc/watch/trump-thanks-gary-cohn-envisions-him-returning-to-white-house-1180435523965
May 8: Gary Cohn, the former top economic adviser to President Donald Trump, said Tuesday he feels “freer,” “more rested” and “happier” since exiting the White House, adding that he stands by his opposition to the trade tariffs that led to his departure.
Cohn resigned from his White House post amid a dispute with administration officials over Trump’s plan to impose steep trade tariffs, which he opposed.
https://www.politico.com/story/2018/05/08/gary-cohn-post-white-house-573718
May 9: Trump’s Former Economic Advisor Joins the ‘Blockchain Not Bitcoin’ Brigade
https://www.ccn.com/trumps-former-economic-advisor-joins-the-blockchain-not-bitcoin-brigade/
September 4: According to a Washington Post report, a new book on the Trump presidency by legendary journalist Bob Woodward includes details of how then-economic adviser Gary Cohn stopped the president from ordering an exit from Nafta and a trade deal with South Korea.
... according to Woodward, he quietly saved the South Korea-U.S. trade agreement, known as Korus, when in 2017 he removed a “letter off Trump’s desk” that the president planned to sign that would have ordered a U.S. withdrawal.
https://www.bloomberg.com/news/articles/2018-09-04/cohn-lifted-papers-off-trump-desk-to-stop-nafta-exit-book-says
September 10: Trump Has the I.Q. of an Inbred Tanning Bed, Says a Liberated Gary Cohn
The former White House adviser was “astounded” by the depths of the president’s stupidity, according to Bob Woodward’s new book.
https://www.vanityfair.com/news/2018/09/trump-has-the-iq-of-an-inbred-tanning-bed-says-gary-cohn
September 11: Gary Cohn, former White House economic adviser to President Trump, is taking on Bob Woodward's "Fear" with a statement calling it inaccurate — but is declining to say what specifically Woodward has gotten wrong.
"This book does not accurately portray my experience at the White House," Cohn told Axios in a statement. "I am proud of my service in the Trump Administration, and I continue to support the President and his economic agenda."
Cohn cited no specific objections to Woodward's extensive reporting of his private views that Trump needed to be saved from his most dangerous impulses. We're told the book is based on hundreds of hours of interviews, most of which were taped with the consent of the source.
https://www.axios.com/gary-cohn-statement-bob-woodward-book-donald-trump-d04d866b-1005-4f91-8791-f8008114ab06.html
October 11: Trump lashes out at Gary Cohn: 'I could tell stories about him like you wouldn't believe'
https://www.cnbc.com/2018/10/11/trump-on-gary-cohn-icould-tell-stories-about-him-like-you-wouldnt-believe.html
October 18: Former White House economic advisor Gary Cohn dodges question about whether Trump asked him to 'print money'
One of the many morsels of palace intrigue found in Bob Woodward's explosive book about the Trump administration published earlier this year revealed one of President Donald Trump's curious strategies to reduce the U.S. deficit.
"Just run the presses — print money [to lower the national debt]," Trump told his top economic advisor, Gary Cohn, according to Woodward's account. Cohn, who entered the White House from Goldman Sachs despite being a registered Democrat — and an ardent supporter of free trade — declined.
"You don't get to do it that way," he told the president, according to Woodward. "We have huge deficits and they matter. The government doesn't keep a balance sheet like that."
https://www.cnbc.com/2018/10/18/gary-cohn-dodges-question-about-whether-trump-asked-him-to-print-money.html
December 7: Gary Cohn, President Trump’s former top economic adviser and an ex-Goldman Sachs executive, got a cold reception from a newly elected liberal House freshman during an off-the-record event at Harvard Thursday.
Rashida Tlaib, a Michigan Democrat who is among a new group of progressives elected on Nov. 6, blasted Cohn for comments she said he made in a closed-door meeting for new lawmakers that was hosted by Harvard University’s Institute of Politics.
“Gary Cohen, former CEO Goldman Sachs addressing new members of Congress today: ‘You guys are way over your head, you don’t know how the game is played,’” Tlaib posted on Twitter. “No Gary, YOU don’t know what’s coming - a revolutionary Congress that puts people over profits.”
https://www.bostonglobe.com/metro/2018/12/07/harvard-new-house-democrat-blasts-comments-former-trump-economic-advisor-gary-cohn/bSsoitTPWapRxiJHpWYlCL/story.html
Webpage visitor counts provided by
