The White House announced, Tuesday, that Gary Cohn, President Trump’s top financial adviser is resigning, amid Trump’s plan to impose tariffs on steel and aluminum imports. Cohn said it was an ‘honor to serve my country.’ Cohn’s resignation is the latest in a series of high-profile departures from the Trump administration.
The White House responded with optimism to North Korea’s proposal for ‘candid talks’ with the US on Tuesday with President Trump saying he believed the proposal ‘sincere.’ Hours later, the State Department announced they formally concluded North Korea was responsible for the death of Kim Jong-un’s half-brother, prompting additional sanctions on North Korea from the US.
Ignoring warnings from progressives a decade after the 2008 financial crisis, sixteen Democrats joined with Republicans to advance a banking deregulation bill that is expected to pass soon. Massachusetts Democratic Senator Elizabeth Warren said the bill, which will rewrite parts of the 2010 Dodd-Frank Act and intends to provide relief to small and midsize banks, ‘puts the entire economy at risk.’
Ending a decade-long dispute over rights to the Timor Sea’s oil and gas reserves, Australia and East Timor signed a treaty on a permanent maritime border in the Sea. Following the treaty, East Timor will gain the majority of future revenue. The US State Department praised the treaty for ‘the importance of resolving disputes peacefully.’
Britain warned Russia their government will respond ‘robustly’ if it is discovered the Kremlin is responsible for the poisoning of a former Russian double agent who betrayed dozens of spies to British Intelligence. British Foreign Secretary Boris Johnson said, Tuesday, it would be ‘wrong to prejudge,’ but called Russia a ‘malign and disruptive force.’
In a deal intended to end a teacher’s strike leaving schools in West Virginia closed for nine days, Governor Jim Justice signed a bill on Tuesday granting a 5% pay raise to state employees, including striking teachers and school staff, the first pay hike for West Virginia teachers since 2014. Schools are set to reopen Wednesday.