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Welcome to the World of Pulitzer Prize Winning Political Cartoonist Michael P. Ramirez |
Trump Whitehouse departures 03-11-18
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Congressional Republicans Lament Loss of Free-Trade Ally in White House
Gary Cohn’s exit raises pressure on remaining GOP traditionalists who oppose protectionist policies Siobhan Hughes and Kristina Peterson Updated March 7, 2018 2:14 p.m. ET WALL STREET JOURNAL WASHINGTON—Republicans in Congress who viewed Gary Cohn as their best ally in efforts to steer President Donald Trump away from a protectionist trade policy expressed concern over his departure Wednesday. Mr. Cohn said Tuesday night he would resign after 14 months in the administration, where he served as director of the National Economic Council. A former Goldman Sachs Group Inc. executive, Mr. Cohn as top White House economic adviser had fought within the administration to stop the president from levying broad steel and aluminum tariffs, which Mr. Trump announced last week. “I don’t think it’s good news,” said Sen. John Cornyn (R., Texas) of Mr. Cohn’s departure. “It probably means that the people who were promoting and supporting tariffs are playing with a stronger hand than they were before at the White House,” said Sen. John Thune (R., S.D.) He said he was concerned because Mr. Cohn “was a voice of reason on some of these economic issues.” Although he is a registered Democrat, Mr. Cohn had been singled out by congressional Republicans this week as their most reliable partner on trade policy in a White House where a more protectionist view has been ascendant. “I probably share Gary Cohn’s viewpoint personally more than I do the president’s on this,” said Sen. Ron Johnson (R., Wis.) “I’m concerned about talk about a possible trade war.” The Republican Party has traditionally favored free trade and opposed protective tariffs. Republicans in Congress weren’t happy about Mr. Trump’s decision to withdraw the U.S. from the Trans-Pacific Partnership, a free-trade deal among 12 Pacific Rim nations, but toned down their criticism to avoid tension with the White House. They have also registered their opposition publicly and in White House meetings to Mr. Trump’s effort to renegotiate the 24-year-old Nafta free trade deal with Mexico and Canada. Republicans including House Speaker Paul Ryan (R., Wis.) have been urging Mr. Trump to take a more targeted approach with his plan to set a 25% tariff on steel imports and 10% on aluminum. Just hours before Mr. Cohn announced his plans to leave Tuesday, Republicans had been urging him to stay. “I don’t think Gary Cohn should leave,” Sen. Rob Portman (R., Ohio) said. “He’s doing a great job on policy issues.” read more Upcoming events with Michael: Join Michael P. Ramirez, famed classicist Victor Davis Hanson, former Czech Republic President Václav Klaus, New Criterion's Roger Kimball, Hillsdale President Larry Arnn and many more brilliant speakers aboard the fabulous Hillsdale Hawaiian Cruise July 15-31. Learn more HERE
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