Tags: Donald Trump | Financial Markets | Money | wilbur ross | gary cohn | economy | secretary of commerce

Will Wilbur Ross Replace Gary Cohn as Economic Czar?

Will Wilbur Ross Replace Gary Cohn as Economic Czar?
Commerce Secretary Wilbur Ross (J. Scott Applewhite/AP)

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Tuesday, 16 January 2018 11:58 AM Current | Bio | Archive

National Economic Council Director Gary Cohn is expected to resign his position shortly after the president and his economic team return from the World Economic Forum in Davos, Switzerland, later this month, several administration sources told Newsmax.

Cohn's likely successor in the White House is Secretary of Commerce Wilbur Ross, widely considered President Trump's closest friends in the Cabinet, souces said.

A former Goldman Sachs chief executive officer, Cohn was one of the premier architects of the Trump tax reform package that went into effect Jan. 1.

At the time, the White House heatedly denied Cohn was leaving. As press secretary Sarah Sanders told me when I asked about Cohn on Jan. 4, "Gary has stated he's committed to being here. We have just come off a very successful win."

Two weeks later, however, this situation might be changing.

John Gizzi is chief political columnist and White House correspondent for Newsmax. For more of his reports, Go Here Now.

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If National Economic Council Director Gary Cohn resigns his position, the likely successor in the White House Cabinet is Secretary of Commerce Wilbur Ross.
wilbur ross, gary cohn, economy, secretary of commerce
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2018-58-16
Tuesday, 16 January 2018 11:58 AM
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