Mar 7, 2018

What's next for Trump after Gary Cohn's announcement?

Director of the National Economic Council, Gary Cohn. Photo: Drew Angerer / Getty Images

President Trump has tweeted that there are "many people wanting" to replace Gary Cohn, and a decision will come shortly.

The bottom line: The White House has not done succession planning for Cohn. One problem is Trump likes CEOs and business celebrities and it’s going to be very hard — probably impossible — to get somebody of Cohn’s stature to replace him.

  • It's likely that senior NEC officials follow Cohn out the door. I’m told at least two are expected to leave in the next two weeks.
  • Trump had planned to sign his steel and aluminum tariffs on Thursday but nothing is certain. Half of the Senate is currently trying to get Trump on the phone and every Republican in Washington is trying to talk him out of these tariffs.
  • Trump has no allies in Washington for these tariffs. Democrats who would naturally support them won’t speak up for Trump because they’re afraid of being politically tied to Trump.

Go deeper: The backstory behind Cohn's departure.

Go deeper

Minneapolis unrest as hundreds protest death of George Floyd

Tear gas is fired as police clash with protesters demonstrating against the death of George Floyd outside the 3rd Precinct Police Precinct in Minneapolis, Minnesota, on Tuesday. Photo: Stephen Maturen/Getty Images

Minneapolis police used tear gas during clashes with protesters demanding justice Tuesday night for George Floyd, an African American who died in police custody, according to multiple news reports.

Driving the news: The FBI is investigating Floyd's death after video emerged of a Minneapolis police officer kneeling on his neck for several minutes, ignoring protests that he couldn't breathe. Hundreds of protesters attended the demonstration at the intersection where Floyd died, per the Guardian.

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

Virginia Gov. Ralph Northam announced plans Tuesday to make wearing face coverings mandatory statewide for most people over the age of 10 when inside public places like retailers, on public transportation and government buildings. He announced the measure, effective Friday, as coronavirus case numbers increased to 39,342.

By the numbers: More than 98,900 people have died from COVID-19 and over 1.6 million have tested positive in the U.S. Over 384,900 Americans have recovered and more than 14.9 million tests have been conducted.

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

Japan is preparing a second coronavirus stimulus package worth $1.1 trillion, or about 40% of the country's gross domestic product, Reuters first reported Tuesday night.

Zoom in: The new measure will be funded by government bonds and will include "a raft of loan guarantees and private sector contributions," per Bloomberg.