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Trump’s top economic adviser Gary Cohn is resigning. While officials say there isn’t a specific reason for the departure, the decision comes on the heels of a White House plan to impose tariffs on steel and aluminum — a pledge Cohn fought against.
Amazon’s Jeff Bezos has taken the top slot on the Forbes Billionaires list, ousting Bill Gates, who held the title for 18 of the past 24 years. Bezos also saw the biggest one-year gain in wealth in the list’s history.
A deal to buy the Weinstein Co. has been called off over the studio’s higher-than-expected debt. The roughly $500M deal, which was being led by former Obama administration official Maria Contreras-Sweet, leaves the embattled studio with “few options” aside from bankruptcy.
“He is a rare talent, and I thank him for his dedicated service to the American people.”
President Trump on Gary Cohn, in a statement to the New York Times
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