Business Standard

Gary Cohn drafts resignatio­n, later changes his mind

- KATE KELLY & MAGGIE HABERMAN

Gary D Cohn, the director of the White House Economic Council, wrote a resignatio­n letter after President Trump blamed “both sides” in the deadly protest this month against a Charlottes­ville, Virginia, rally by white supremacis­ts and neo-Nazis, according to three people familiar with the document.

Cohn ultimately changed his mind and decided in recent days to remain on as Trump’s chief economic advisor, said one person familiar with his thinking.

But in a stunning critique of the president, Cohn told The Financial Times in an interview published on Friday that the Trump administra­tion “can and must do better” to condemn hate groups and “do everything we can to heal the deep divisions that exist in our communitie­s.” Cohn is an architect of a broad set of tax reforms that the White House hopes will deliver the first legislativ­e victory of Trump’s tumultuous administra­tion. But Cohn was anguished, according to a friend and two other people familiar with his thinking, by Trump’s remarks after the August 12 violence that resulted in the death of a 32-yearold woman who was protesting neo-Nazis and Ku Klux Klan demonstrat­ors in Charlottes­ville.

On August 15, Cohn stood nearby in the lobby of Trump Tower, where the president told reporters there also were “very fine people on both sides” of the Charlottes­ville rally. After Trump left, Cohn stood uncomforta­bly fielding questions about the president’s statements, and he repeatedly declined to comment. He debated for over a week with his wife and friends on whether to quit, according to the people familiar with his thinking. This week, Cohn decided to remain in his job, believing he could be more effective as a public servant inside the White House than out of it.

 ?? PHOTO: REUTERS ?? Gary D Cohn ( left) is an architect of a broad set of tax reforms that the White House hopes will deliver the first legislativ­e victory of Trump’s administra­tion
PHOTO: REUTERS Gary D Cohn ( left) is an architect of a broad set of tax reforms that the White House hopes will deliver the first legislativ­e victory of Trump’s administra­tion

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