28 August, 2017
Of course, Cohn was referring to the KKK, Neo-Nazis and white supremacists who attended the Charlottesville rally.
When the Financial Times asked Cohn if he considered resigning after Charlottesville, the former Goldman Sachs executed said, "I have come under enormous pressure both to resign and to remain in my current position".
I feel a duty to fulfill my commitment to work on behalf of the American people. In any case, I likewise feel constrained to voice my misery over the occasions of the most recent two weeks...
She declined to go into detail about any "specific conversations" Trump had with Cohn on the subject.
Cohn, who was with Trump on stage during his Charlottesville remarks, told friends in NY and the White House that he was not going to remain quiet about the comments.
Trump's remarks have led to the shutting down of two advisory councils appointed by him on business and economy, forced by resignations from its members, most of whom were America's top CEOs.
"I think there is no question the president was not equating the hate groups with people who were [protesting] peacefully", Mnuchin said. The White House on Thursday took the unusual step of saying that Cohn would not resign, trying to contain the political fallout.
The deadly incident sparked even a bigger crisis across the country when Trump refused to immediately condemn white nationalists, and instead, he blamed the violence "on both sides" of the conflict.
The time frame for the plan's release is unclear, but administration officials and congressional lawmakers have indicated they intend to release more details or a full plan in September.
An unprecedented rebuke of President Trump by National Economic Council director Gary Cohn reverberated through Washington on Friday, forcing the White House to respond to harsh, public criticism from one of the president's top advisers.
Mr. Cohn's comments distinct difference a conspicuous difference to an announcement from the Treasury secretary, Steven Mnuchin, who guarded the president. However, Cohn has the weight of financial markets on his side. On Friday, during a speech in Jackson, Wyoming, Yellen said Trump's call to roll back financial regulations was not a good idea, considering the reforms strengthened the financial system. "His number one focus is absolutely working on tax reform with me and getting tax reform done and Gary's committed to be here and couldn't be more excited about that".
"I don't believe the allegations against the president are accurate, and I believe that having highly talented men and women in the country surrounding the president in his administration should be reassuring to you and the American people", he told former Yale classmates who had urged him to resign.
