What's at Stake as Trump Replaces Gary Cohn
There are three ways the president might turn—and his choice will force clarity about his administration’s direction.
Gary Cohn, President Trump’s top economic adviser, announced Tuesday he’d be stepping down, and he used his resignation to make his point in a way that would be heard. The resignation “hit global equities, U.S. stock futures and the currencies of America’s trade partners, as many investors judged the news meant President Trump was pushing forward with tariffs,” . Through 2017, Trump again and again cited a rising Dow Jones average as proof that his administration was succeeding. On January 4, 2018, the president tweeted happily:
