President Donald Trump has disbanded the CEO council that National Economic Council director Gary Cohn created as CEOs were abandoning their posts amid the president’s response to the Charlottesville, Virginia, incidents this past weekend.
Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!
— Donald J. Trump (@realDonaldTrump) August 16, 2017
— CNBC Now (@CNBCnow) August 16, 2017
The move is a significant blow to the influence of Cohn in the White House. Cohn, who was once rumored to be a candidate for chief of staff, was passed over for Gen. John Kelly when now former chief of staff Reince Priebus resigned. Cohn is still rumored to be a potential candidate for chairman of the Federal Reserve, but his chances at that are now waning too, as his level of control in the White House is dwindling by the minute.
There are reports that Cohn was “disgusted” with President Trump’s response to the Charlottesville incidents during a Tuesday press conference at Trump Tower in New York City.
Gary Cohn, NEC chair — who is Jewish — was 'disgusted' and "upset" by Trump's comments on white nationalists, per 3 ppl with knowledge
— Glenn Thrush (@GlennThrush) August 16, 2017
Read more at Breitbart.