Gary Cohn. Photo: Alex Wong / Getty Images

President Trump's top economic advisor, Gary Cohn, is reportedly leaving the White House, the latest in a string of high-profile departures.

Why it matters: Per the NY Times, there isn't any "single reason" for his departure, but the announcement comes after Trump's tariffs decision, which Cohn had strongly argued against. He told Axios' Mike Allen in December that he wouldn't be resigning any time soon, but that was before a bitter Oval Office tariff fight last week.

  • Cohn is former president and COO of Goldman Sachs. He was friendly with Jared Kushner before Trump took office.
  • He was been a candidate to move to other roles over the past year, making Trump's short list for Fed chair and being floated as a possible chief of staff.
  • He is a Democrat, though Vanity Fair reports he was never "particularly enamored" by President Barack Obama.
  • He was the Trump administration's point man on tax reform, along with Steve Mnuchin.
  • He almost resigned after Trump's response to Charlottesville, saying: "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."

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7 hours ago - World

China-Iran deal envisions massive investments from Beijing

Illustration: Aïda Amer/Axios

China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 13,048,249 — Total deaths: 571,685 — Total recoveries — 7,215,865Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 3,353,348— Total deaths: 135,524 — Total recoveries: 1,031,856 — Total tested: 40,282,176Map.
  3. World: WHO head: There will be no return to the "old normal" for foreseeable future — Hong Kong Disneyland closing due to surge.
  4. States: Houston mayor calls for two-week shutdownCalifornia orders sweeping rollback of open businesses — Cuomo says New York will use formula to determine if reopening schools is safe.
  5. Education: Los Angeles schools' move to online learning could be a nationwide tipping point.

House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.