Tag: gary cohn

gary cohn

Gary Cohn Calls China ‘Ally,’ Dismisses Economic Aggression

White House National Economic Council Director Gary Cohn described China as an “important ally” of the United States in an interview with Mike Allen of Axios on Wednesday — just days after President Donald Trump’s National Security Strategy described China as an adversarial “revisionist power” that steals hundreds of billions of dollars in U.S. intellectual property each year and is working to “shape a world antithetical to U.S. values and interests.”

The US Federal Reserve said recent hurricanes are "inflicting severe hardship" but that the economic impact will likely only be short-term

Trump Likely to Choose Powell and Taylor for Top Fed Roles

President Donald Trump is leaning toward appointing both Standford University economist John Taylor and former investment Jerome “Jay” Powell to top positions at the Federal Reserve, according to people familiar with the president’s thinking.