Video: President Trump Replaces Rex Tillerson With CIA Director Mike Pompeo

Secretary of State Rex Tillerson is out. He'll be replaced by CIA Director and former Congressman Mike Pompeo. This is according to a tweet by President Trump.

Tillerson was CEO of Exxon Mobil before joining the White House and has reportedly disagreed with the President on a host of issues.

At the CIA, Pompeo will be replaced by Deputy Director Gina Haspel - the first woman ever to lead the CIA.

The White House has been a revolving door throughout the Trump's presidency. Just last week National Economic Council Director Gary Cohn, a former Goldman Sachs (GS) - Get Report executive, stepped down reportedly amid disagreements with the President over trade tariffs.

Now watch former U.S. Labor Secretary Robert Reich discuss the dangers of tariffs: