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

23 mins ago - Podcasts

The fight over fracking

Fracking has become a flashpoint in the election's final week, particularly in Pennsylvania where both President Trump and Joe Biden made stops on Monday. But much of the political rhetoric has ignored that the industry has gone from boom to bust, beset by layoffs, bankruptcies and fire-sale mergers.

Axios Re:Cap digs into the state of fracking, and what it means for the future of American energy, with Bob McNally, president of Rapidan Energy Group.

Democrats sound alarm on mail-in votes

Photo: Mark Makela/Getty Images

Democrats are calling a last-minute audible on mail-in voting after last night's Supreme Court ruling on Wisconsin.

Driving the news: Wisconsin Democrats and the Democratic secretary of state of Michigan are urging voters to return absentee ballots to election clerks’ offices or drop boxes. They are warning that the USPS may not be able to deliver ballots by the Election Day deadline.

Nxivm cult leader Keith Raniere sentenced to life in prison

Carts full of court documents related to the U.S. v. Keith Raniere case arrive at the U.S. District Court for the Eastern District of New York in May 2019. Photo: Drew Angerer/Getty Images

Nxivm cult leader Keith Raniere, 60, was sentenced to 120 years in prison on Tuesday in federal court for sex trafficking among other crimes, the New York Times reports.

Catch up quick: Raniere was convicted last summer with sex trafficking, conspiracy, sexual exploitation of a child, racketeering, forced labor and possession of child pornography. His so-called self-improvement workshops, which disguised rampant sexual abuse, were popular among Hollywood and business circles.

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