Trump's top economic adviser resigns
Washington: Former Goldman Sachs executive Gary Cohn resigned on Tuesday from his post as chief economic adviser to President Donald Trump due to disagreement with the White House plan to impose tariffs on imports of steel and aluminum.
"It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform. I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future," the 57-year-old Cohn said in a statement.
His resignation reportedly will take effect in the coming weeks.
"Gary has been my chief economic adviser and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again," said Trump in a statement released by the White House.
Cohn is the latest in a long list of Trump's close advisers to resign and the announcement comes just a few days after the departure of the president's faithful adviser and communications director, Hope Hicks.
The president announced last week that he would impose the tariffs despite the opposition of a large number of Republican lawmakers and Cohn.
The departure of Cohn, a Democrat who is a defender of free trade, could have a domino effect on the president's economic decisions and on the financial sector, given that last August the mere threat of his exit caused the investment markets to tumble.
Indeed, in after-hours trading, one exchange-traded fund measuring the broad US stock market - the SPDR S&P 500 ETF Trust (SPY) - fell more than 1 percent after the news of Cohn's resignation broke.
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HP Cong Minority Morcha delegation meets with party leader Venugopal over mosque row
Shimla (PTI): A delegation of the Himachal Congress Minority Morcha apprised the party's central leaders on Thursday of the atmosphere of fear created in the state by targeting a particular community and staging demonstrations near mosques.
The delegation led by Iqbal Mohammad, president of the state Congress Minority Morcha, also comprised imams of various mosques. It met with Congress general secretary K C Venugopal and its Minority Morcha national president Imran Pratapgarhi in New Delhi.
In a statement here, the state Congress Minority Morcha said the situation has become tense due to demonstrations by Hindu outfits in front of mosques and efforts were being made to vitiate the atmosphere and instill fear among Muslims.
Chief Minister Sukhvinder Singh Sukhu is trying to take people of all religions along but some elements are trying to spoil the atmosphere and malign the government, it added.
According to the statement, Venugopal spoke to the chief minister over the phone over the issue.
Ten people were injured during a protest demanding the demolition of a portion of a mosque in Shimla's Sanjauli area last week. In Mandi, police used water cannons on protestors demanding the demolition of an unauthorised portion of a mosque in the town.
On Tuesday, residents of Kasumpti in Shimla submitted a memorandum to demolish a mosque in the area and similar demands are also coming in from Sunni and other areas in the state.
A dispute between a barber from the minority community and a local businessman in the Malyana area in the suburbs of Shimla on August 30 turned into a communal issue with Hindu groups demanding the demolition of unauthorised mosques and residents calling for the identification and verification of outsiders coming in the state.
