Has the mass exodus begun in the Trump Admin? If so experts in all fields are bracing themselves – PB/TK
Yale expert: A Gary Cohn resignation would crash markets – By Berkeley Lovelace Jr / Aug 17 2017
The markets would crash if top White House economic adviser Gary Cohn resigns, Yale School of Management’s Jeffrey Sonnenfeld told CNBC on Thursday.
“I think if he steps away, it would crash the markets.”
The New York Times reported Wednesday that Cohn, who is Jewish, was “upset” and “disgusted” with President Donald Trump’s response to violence in Charlottesville, Virginia.
During a heated press conference Tuesday, Trump defended his comments that “both sides” were to blame for the violent white nationalist rally in Virginia that left a counterprotester dead. That prompted several members of Trump’s advisory councils to announce their resignations, which caused Trump to eventually dissolve the councils entirely.
“A number of people” on Wall Street and at Cohn’s former firm Goldman Sachs have called him to suggest that he resign from the administration, said “Squawk Box” co-host Andrew Ross Sorkin, who also writes for the Times.
Continue to msn.com article: http://www.msn.com/en-us/money/markets/yale-expert-a-gary-cohn-resignation-would-crash-markets/ar-AAqeSOq?li=BBmkt5R&ocid=spartanntp
