Gary Cohn Out as Trump's Top Economic Adviser After Tariff Decision - NBC Chicago
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's presidency

Gary Cohn Out as Trump's Top Economic Adviser After Tariff Decision

Later Tuesday, Trump tweeted that he would be "making a decision soon on the appointment of new Chief Economic Advisor"

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    White House Chief Economic Adviser Gary Cohn Resigns

    President Donald Trump's top economic adviser, Gary Cohn, resigned Tuesday after butting heads with the president over tariffs. (Published Wednesday, March 7, 2018)

    Gary Cohn, President Donald Trump's top economic adviser, resigned Tuesday after a dispute with the president over tariffs, NBC News reported.

    The departure — following reports that Cohn, the National Economic Council director, had opposed Trump's plan for large tariffs on imported steel and aluminum — was the latest in a string of exits by top officials in the administration.

    Cohn, a wealthy former Goldman Sachs banker, played a key role on the president's tax cut bill. Trump praised Cohn in a statement Tuesday as a "rare talent" who had done a "superb job in driving our agenda, helping to deliver historic tax cuts and reforms, and unleashing the American economy once again."

    Later Tuesday, he tweeted that he would be "making a decision soon on the appointment of new Chief Economic Advisor. Many people wanting the job - will choose wisely!"