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Andrew Harnik / AP

Gary Cohn told the Financial Times that he felt "enormous pressure" following Trump's response to Charlottesville, where the president blamed "both sides" for the violence that broke out.

"This administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities."
"I have come under enormous pressure both to resign and to remain in my current position. As a patriotic American, I am reluctant to leave my post... But I also feel compelled to voice my distress over the events of the last two weeks... Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK."

Why it matters: A source close to Trump predicts he will explode when he reads the Cohn interview.

  • It's got all the ingredients to enrage the president: a subordinate criticizing him, and an effective endorsement of how the mainstream media portrayed the events.
  • Consider the amount of time Trump spent on stage in Phoenix, Tuesday, telling the crowd that his response to Charlottesville was perfect but the "fake news" intentionally distorted it.
  • The way Trump will see it, Cohn is siding with the fake news.

P.S. — Cohn on tax reform: "I do think it can pass both of the tax committees and both chambers in 2017."

Go deeper

9 mins ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

Updated 31 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Tech: "Fludemic" model accurately maps COVID hotspotsVirtual doctor's visits and digital health tools take off.
  2. Politics: Schumer says Senate will stay through weekend to vote on COVID relief — Republican governor of West Virginia says there's no plan to lift mask mandate.
  3. World: Canada vaccine panel recommends 4 months between doses.
  4. Business: Firms develop new ways to inoculate the public.
  5. Local: Ultra-rich Florida community got vaccinations in January.
Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Why fears of a SPAC bubble may be overblown

Illustration: Annelise Capossela/Axios

The SPAC surge continues unabated, with 10 new ones formed since Wednesday morning. And that's OK.

Between the lines: There are growing concerns that retail investors are about to get rolled, with smart sponsors taking advantage of dumb money.