Monday, August 28, 2017

Gary Cohn Speaks Out



Cohn can’t win.

Gary was under a lot of pressure to speak on Charlottesville. When Cohn did, he was hammered for it.

He’s an important figure as the head of Trump’s National Economic Council, a previous Goldman Sachs executive that is trusted by Wall Street. All markets dropped after a rumor that Cohn may quit.

This rumor was not far off the mark. According to the New York Times, he drafted a resignation letter following the violence within Charlottesville; however, made a decision not to submit that letter.

There was a drumbeat by the media for anybody who worked for Trump to bail on him. It is typified by the following “Every Trump official with a Conscience Must Resign” New Republic headline.

To state that it’s driven by an ideological distaste for Trump would be an understatement. The president’s critics do not want to hear about the argument that good citizens should remain in government in order to make things work, even if there is no agreement with some of what the president does. Trump’s media detractors would invite the sense of crisis that several resignations could bring.


That was not entirely true. According to the story, Ivanka Trump tweeted: ‘There shouldn’t be any place in our society for neo-nazis, white supremacy, and racism.’  Mr. Cohn was described by many close to him as “very upset” and “disgusted” by Trump’s statements.

Cohn now has addressed Charlottesville within a Financial Times interview. According to Cohn, citizens who stand up for freedom and equality never can be equated with the K.K.K, neo-Nazis, and white supremacists. He believes Trump’s administration must do better in unequivocally and consistently condemning such groups and do everything possible to heal the divisions existing within our communities.

While Cohn did not mention the president by name, he made himself very clear.


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