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Gary Cohn urges Trump team to do more to condemn neo-Nazis 

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Gary Cohn urges Trump team to do more to condemn neo-Nazis 

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Gary Cohn urges Trump team to do more to condemn neo-Nazis 

Top economic official ‘reluctant to leave my post’ despite pressure to resign 

Demonstrators in Charlottesville earlier this month © AP

Gary Cohn, the top White House economic official, said the Trump administration “must do better” in condemning neo-Nazis and white supremacists following the violent protests in Charlottesville this month that sparked one of the biggest controversies of Donald Trump’s presidency.

Mr Cohn, a Jewish-American who was president of Goldman Sachs before becoming head of the White House national economic council, told the Financial Times he faced “enormous pressure” to quit after the uproar over Mr Trump’s reaction to the clashes in the Virginia university city that left one woman dead.

The president first blamed “both sides” for the violence and later said that there were “very fine people” among the white supremacist groups.

“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,” Mr Cohn said in his first public comments on the issue.

Mr Cohn, who with Treasury secretary Steven Mnuchin is leading the administration’s efforts to enact tax reform, seriously considered resigning, according to his friends, but opted to remain following conversations with Mr Trump. 

“I have come under enormous pressure both to resign and to remain in my current position,” the former banker said during an interview about economic policy. 

I . . . feel compelled to voice my distress over the events of the last two weeks

Gary Cohn
© Getty

“As a patriotic American, I am reluctant to leave my post . . . because I feel a duty to fulfil my commitment to work on behalf of the American people. But I also feel compelled to voice my distress over the events of the last two weeks,” he said.

“Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK,” Mr Cohn added. 

“As a Jewish American, I will not allow neo-Nazis ranting ‘Jews will not replace us’ to cause this Jew to leave his job. I feel deep empathy for all who have been targeted by these hate groups. We must all unite together against them.” 

While Mr Cohn urged the administration to confront racism more aggressively, almost all the criticism since Charlottesville has focused on Mr Trump, as many Republicans distanced themselves from the president’s response. During the past week, Mr Trump has alternated between trying to backtrack on his comments and accusing the media of having misrepresented his words. 

The White House on Friday downplayed Mr Cohn’s criticism. Sarah Huckabee Sanders, the press secretary, said the president and Mr Cohn had spoken many times and that Mr Cohn had not held back how he felt about the situation. “He’s been very open and honest. And so I don’t think that anyone was surprised by the comments,” she said.

Mr Cohn, a major supporter of Jewish causes, faced strong criticism from some Wall Street colleagues and friends over his decision to stay. But several chief executives, including some who resigned from the White House advisory council in protest over Charlottesville, urged him to remain in order to help promote a pro-business agenda in an administration in which he is seen as a mainstream official. “I really hoped he would stay and I told him that,” one chief executive said this week. 

In the coming days, Mr Cohn and the White House will start a campaign to promote tax reform — a new focus that will delight business groups, which have become increasingly disappointed by the lack of tangible policy progress over the past seven months.

Asked whether his decision to remain in the administration was influenced by the recent firing of Steve Bannon, the former White House chief strategist with whom he clashed over policy, Mr Cohn replied, “No, my decisions are my own decisions. 

“I have to do what is best for me and my family. I have had numerous private conversations with the president on this topic [and] I have not been bashful saying what I think.” 

Mr Cohn said officials who had been upset by Mr Trump’s remarks — who reportedly included Dina Powell, deputy national security adviser and a former Goldman executive — had each taken their own decisions about how to respond. “This is a personal issue for each of us. We are all grappling with it. This takes time to grapple with.” 

Mr Cohn was not the only official to face pressure. Mr Mnuchin, who is also a Jewish American, faced calls to resign from his Yale University classmates, who issued a public letter. But while he condemned racism, he vigorously defended the president.

“I feel compelled to let you know that the president in no way, shape or form, believes that neo-Nazi and other hate groups who endorse violence are equivalent to groups that demonstrate in peaceful and lawful ways,” Mr Mnuchin said last week.

Follow Demetri Sevastopulo and Gillian Tett on Twitter:@dimi

@gilliantett

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