Trump's economic adviser says president 'must do better' to denounce white nationalism

Share
Trump's economic adviser says president 'must do better' to denounce white nationalism

Mr Cohn, a Jewish-American who was president of Goldman Sachs before becoming head of the White House national economic council, told the Financial Times he faced "enormous pressure" to quit after the uproar over Mr Trump's reaction to the clashes in the Virginia university town that left one woman dead.

Gary Cohn, Trump's top economic adviser, told the Financial Times in an interview that members of congressional committees with purview over the issue will be making numerous calls when it comes to tax reform.

Trump condemned violence "on many sides", drawing fierce criticism from all corners of the political spectrum. Cohn considered resigning over Trump's response, both newspapers reported, citing sources. The White House on Thursday took the unusual step of saying that Cohn would not resign, trying to contain the political fallout.

"But I also feel compelled to voice my distress over the events of the last two weeks", Cohn said.

"It has taken Gary Cohn nearly two weeks to find the backbone to gently criticise Trump's apologism for white supremacists, the KKK and neo-Nazis", the group said in a statement.

But since Trump did exactly the thing Cohn says can never happen, what is his reason for staying in his post rather than resigning and denouncing the president?

"Starting next week, the president's agenda and calendar is going to revolve around tax reform", he said.

"This administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities", Mr Cohn said in his first public comments on the issue.

In his comments to the Financial Times, Mr Cohn said Mr Trump would launch a major push to overhaul the tax system with a speech in Missouri next week, with the aim of driving the measures through Congress by the end of the year.

Breitbart News, the website of former Trump adviser Steve Bannon, has already lashed out at Cohn for his remarks, making them the top story and surrounding Cohn's first name with globe emoji characters.

Cohn added the administration does not have "fixed or detailed plan for tax reform" and will leave it to the congressional committees to finalize the plan. He said he would not be bullied by hate groups into quitting. Imagine his surprise upon opening the Financial Times today and reading this. He met with Mr. Trump privately at the president's golf club in New Jersey last Friday, scrapping his plans to spend the evening at his second home in the Hamptons. Now it falls to the House Ways and Means Committee to "put flesh and bone on it", Cohn said. Trump is considering whether to nominate Cohn as chairman of the Federal Reserve, which would make him the world's most powerful central banker.

Share

Advertisement

Related Posts

Bale returns to Wales squad after suspension
The defensive midfielder made his Exeter debut aged 15 and made 13 first-team appearances before joining Chelsea's academy in the summer.

China says new US sanctions won't help cooperation on N Korea
The measures block any assets they may have in USA jurisdictions and bar Americans from transactions with them. Beijing had already suspended imports of North Korean coal in February.

Top Resources for NAHQ CPHQ Exam
This is why it is highly crucial that you go through the exam content outline or exam objectives before you start your study. You don’t need to buy these guides; having one of them is enough to give you all you need to prepare for your test.

Murphy Brown, Cheers actor Jay Thomas dies at 69
The outlet reports Thomas died at his home in Santa Barbara, California, with his wife Sally and three sons by his side. According to a writer of the show, it was an incident on Jay's radio show that led to his early exit.

Dollar hovers around ¥109.30 in Tokyo before Jackson Hole meet
At 0700 AEST on Friday, the share price futures index was down four points, or 0.07 per cent, at 5,708. Twitter lost 1.66 percent after Jefferies cut rating and price target on the stock.

USA military confirms it backed Somalia raid
US African Command confirmed that US troops were "supporting" the Somali operation, but offered no details. Three children aged 8 to 10 and a woman were among the dead, the deputy governor said.

Justice is served as new Judge Dredd figure preorders are now open
Despite the hefty price tag of $799.99, there is a 15% discount available for customers who pay in full or opt into a payment plan.

Online Casinos that Accept UK Players
Since the UK has grown to become a thriving gambling market, numerous gaming destinations have popped up that provide the service. Since the UK is regarded as the online gaming hub of the world, gamblers in the region are in no short supply of casino options.

US Officials Injured in "Sound attack" in Cuba
Canada's government has said at least one Canadian diplomat in Cuba also had been treated for hearing loss. At least 16 US civil servants were injured after a possible sound attack on US Embassy staff in Cuba .

Azerbaijan Orders Head Of Independent Turan News Agency Held In Pretrial Detention
It said its bank accounts have been blocked by authorities, forcing it to halt operations starting September 1. Aliyev's lawyer, Fuad Agayev, told Reuters the case was groundless and "fabricated".

© 2015 ExpressNewsline. All Rights reserved.