MOST resignation statements are anodyne falsehoods designed to paper over whatever disagreements led to them. That is how Gary Cohn’s sounds at first. “It has been an honour to serve my country and enact pro-growth policies to benefit the American people, in particular the passage of historic tax reform,” said Mr Cohn in a statement issued by the White House on March 6th, before signing off with expressions of gratitude and good wishes for the president. Read that sentence again, however, and what it does not say speaks volumes.
Mr Cohn, who was head of the National Economic Council and Donald Trump’s top economic advisor, was always an awkward fit for this White House. Like the Queens-bred, Manhattan-bound Mr Trump, he is an ambitious outsider: an electrician’s son from Cleveland who became president and COO of Goldman Sachs. Mr Trump, who promised to drain the swamp and won the presidency after an openly nativist campaign, then stocked his administration with Goldman Sachs alums, including Mr Cohn, whom Mr Trump’s more fervent...Continue reading
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