SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Outgoing Director of the National Economic Council Gary Cohn puts a note in his pocket while listening to US President Donald J. Trump deliver remarks during a meeting with members of his Cabinet, in the Cabinet Room of the White House March 8, 2018 in Washington, D.C. (Photo: Michael Reynolds-Pool/Getty Images)
Trump Says Gary Cohn Might 'Go Out and Make Another Couple Hundred Million' and Then 'Come Back'
"I don't know if I can put him in the same position though," Trump said. "He's not quite as strong on those tariffs as we want."
Mar 08, 2018
While chief White House economic adviser Gary Cohn is set to leave his post in the coming weeks, President Donald Trump suggested during a cabinet meeting on Thursday that he may eventually return to the administration--but only after he spends some time in the private sector reaping the benefits of the massive tax cuts he helped craft.
"Cohn delivered bigly for Goldman Sachs."
--Gary Rivlin
"He's gonna go out and make another couple hundred million and then he's gonna maybe come back," Trump said of Cohn, an ex-Goldman Sachs executive whose estimated net worth is somewhere between $200-600 million. "We'll be here another seven years, hopefully. That's a long time, but I have a feeling you'll be back."
Watch:
Cohn's imminent departure from the White House was first announced on Tuesday, news that came in the midst of a heated dispute over Trump's decision to impose steep tariffs on aluminum and steel--a move Cohn strongly resisted.
As journalist Gary Rivlin noted in a piece for The Intercept on Thursday, Cohn will likely receive a warm welcome from corporate America when he finally returns, given all the "generous gifts" he helped deliver to big business during his year in the White House.
"Cohn delivered bigly for Goldman Sachs," Rivlin writes.
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
While chief White House economic adviser Gary Cohn is set to leave his post in the coming weeks, President Donald Trump suggested during a cabinet meeting on Thursday that he may eventually return to the administration--but only after he spends some time in the private sector reaping the benefits of the massive tax cuts he helped craft.
"Cohn delivered bigly for Goldman Sachs."
--Gary Rivlin
"He's gonna go out and make another couple hundred million and then he's gonna maybe come back," Trump said of Cohn, an ex-Goldman Sachs executive whose estimated net worth is somewhere between $200-600 million. "We'll be here another seven years, hopefully. That's a long time, but I have a feeling you'll be back."
Watch:
Cohn's imminent departure from the White House was first announced on Tuesday, news that came in the midst of a heated dispute over Trump's decision to impose steep tariffs on aluminum and steel--a move Cohn strongly resisted.
As journalist Gary Rivlin noted in a piece for The Intercept on Thursday, Cohn will likely receive a warm welcome from corporate America when he finally returns, given all the "generous gifts" he helped deliver to big business during his year in the White House.
"Cohn delivered bigly for Goldman Sachs," Rivlin writes.
While chief White House economic adviser Gary Cohn is set to leave his post in the coming weeks, President Donald Trump suggested during a cabinet meeting on Thursday that he may eventually return to the administration--but only after he spends some time in the private sector reaping the benefits of the massive tax cuts he helped craft.
"Cohn delivered bigly for Goldman Sachs."
--Gary Rivlin
"He's gonna go out and make another couple hundred million and then he's gonna maybe come back," Trump said of Cohn, an ex-Goldman Sachs executive whose estimated net worth is somewhere between $200-600 million. "We'll be here another seven years, hopefully. That's a long time, but I have a feeling you'll be back."
Watch:
Cohn's imminent departure from the White House was first announced on Tuesday, news that came in the midst of a heated dispute over Trump's decision to impose steep tariffs on aluminum and steel--a move Cohn strongly resisted.
As journalist Gary Rivlin noted in a piece for The Intercept on Thursday, Cohn will likely receive a warm welcome from corporate America when he finally returns, given all the "generous gifts" he helped deliver to big business during his year in the White House.
"Cohn delivered bigly for Goldman Sachs," Rivlin writes.
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.
To inform. To inspire. To ignite change for the common good.
News & Opinion
Trending
Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit
Privacy Policy