Gary Cohn has reportedly resigned, according to a New York Times report on Tuesday evening. Cohn will leave the White House in the coming weeks, says the report.
In light of the reported resignation, TheStreet takes a look back at comments from TheStreet's founder Jim Cramer last week on what a Cohn resignation may mean to the markets.
Rewind: From TheStreet's Jim Cramer Last Week
Amid the announcement of President Trump's trade tariffs, media reports are wondering about the future of National Economic Council Director Gary Cohn, who was reportedly against the tariffs.
"I feel very, very strongly that if Gary leaves, that's a reason that people would pause and say I'm going to take profits in XYZ," said TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.