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Trump anger at Cohn raises doubts about his White House tenure - sources

By Svea Herbst-Bayliss and Jeff Mason

 

White House chief economic adviser Gary Cohn sits with other administration officials for a news conference with Kuwait's Emir Sabah Al-Ahmad Al-Jaber Al-Sabah and U.S. President Donald Trump at the White House in Washington, U.S. September 7, 2017. REUTERS/Jonathan Ernst

 

BOSTON/WASHINGTON (Reuters) - A newly fraying relationship between U.S. President Donald Trump and top White House economic adviser Gary Cohn has raised questions about how long Cohn will stay in his job, say two people with close ties to the White House.

 

Several sources said Cohn, director of the National Economic Council, had long planned to stay in his post for at least a year. But one source said concern had grown among Cohn’s allies over the past 24 hours that he might be pressured to leave.

 

The recent concerns stem from a report in the Wall Street Journal – confirmed by other news media, including Reuters – that Cohn was unlikely to be nominated by Trump as a potential successor to Fed Chair Janet Yellen.

 

Trump had mentioned Cohn in July for the job. Cohn resigned as president of Goldman Sachs to join the new administration.

 

"The calculus has shifted for Gary. He's gone, essentially, from untouchable to possibly being bounced out," the source said. "The message is clear that suddenly Cohn's job in the White House has real downside risk."

 

Cohn crossed Trump last month when he criticized the president in a Financial Times interview for his response to the violence at a rally organised by white nationalists in Charlottesville, Virginia, in which one woman died.

 

One source close to the White House said Trump wanted to fire Cohn. "Hates him. But that could be ephemeral," the source said.

 

Cohn, who is Jewish, told the newspaper the administration "must do better" in condemning neo-Nazis and white supremacists.

 

The former investment banker gave the interview after his wife and daughters pushed him to speak out, if not quit, after Trump blamed "both sides" for the violence.

 

Trump said there were "very fine people" among the white supremacist groups, a comment that disgusted Cohn and those close to him, people who know him said.

 

While the interview was intended to signal that Cohn had no plans to leave the White House and planned to push ahead with his signature project, tax reform, sources said the comments upset Trump.

 

Trump has gone hot and cold on other advisers, some of whom have stayed, while others have left.

 

"Relationships change," said a third source with close ties to the White House. "If Gary sticks around, I fully expect that Gary's relationship with the president will improve."

 

People who know Cohn say that when he does leave the White House, he wants it to be on his own terms.

A White House official said Cohn was focused on his job, especially tax reform.

 

"Gary is focused on his responsibilities as the director of the National Economic Council, including a once-in-a-lifetime opportunity to deliver meaningful tax reform that creates jobs and grows the economy," the official said.

 

Cohn said in a CNBC interview last week he had a "great relationship" with Trump and the two were working well together.

 

(Additional reporting by Olivia Oran in New York; Editing by Caren Bohan and Clarence Fernandez)

 

-- © Copyright Reuters 2017-09-08

[Jonnapat]

Easy to see why he may be "on his bike"

He's obviously not a YES man and that will NOT be tolerated.

[ilostmypassword]

This observation is not original with me but I've seen it in a few places: Trump actually did a good thing for a really bad reason. Cohn is very much against regulating the big financial institutions and the kind of behavior that led to the Great Recession.  So it's good that he won't be Fed chairman, provided Trump doesn't nominate someone worse, which is no sure thing. But the thing is, Trump didn't change his mind because of policy, but because Cohn was critical about Trump's "good people" remark about Neo Nazis.Which is a really bad reason not to nominate him.

[smotherb]

Trump is a vindictive child.

[mike324]

lets here it from the Trump supporters! how many people have Trump fired in this short period and how many more positions needs to be filled? who has the majority?

[Andaman Al]

10 minutes ago, mike324 said:

lets here it from the Trump supporters! how many people have Trump fired in this short period and how many more positions needs to be filled? who has the majority?

Seems that Trump wants to improve unemployment figures across the USA except in the White House, wants to create jobs in the USA but get rid of them for anyone in Government other than himself, his family and 'loyal' friends.

 

The major TV networks will axe a TV series when it has run its course, it's time to axe this tiresome reality TV show now. Impeach Trump.

[Dumbastheycome]

Read  between the  lines   folks !   This  whole  debacle  is  about   expectations  from those  who  can not  be  mentioned and  those  that thought they  had a  free licence in  defiance  of those expectations despite  being  inveigled into the presumed position.

The  Apprentice   has  screwed  it up? Or  was  that the  unspoken  expectation?

Public  politics  has only a  remote  relationship to  that  which  dictates the  general course  of it.

The  con of it  is  demonstrated by the  40  %  validation  versus  a 60 % alternative as proof  of  democratic outcomes that  are the  illusion  that  has been inflicted on the  majority  of  the  naive!

If  war  is  the outcome   it should  be  waged  against  the  con,  not  the   illusion that  has  been sold.

Is  that  likely? 

From  the  deluded  comfort  of that  majority  that  live until  death  being worked and taxed  into stupor in support of the  situation it  is  more likely  that  they  will  roboticaly validate  their  own  stupor!

The  outcome will be  the  further  deterioration of global illusions  of   general  democratic  principles followed by further  encroachments  on  general  human liberties  and  rights. 

Cohn probably  had  an  unwelcome  message  for  the   pretenders  to  the real throne.