Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

With Gary Cohn’s Departure, Trump Loses An Adviser — And A Hotel Guest

Gary Cohn’s decision to resign from the Trump administration over disagreements on trade policy was viewed as a hit to President Trump’s relationship with the business wing of the Republican Party. But it could also hurt Trump’s pocketbook.

Cohn, who left his job at Goldman Sachs in New York to serve as the director of the National Economic Council, chose to live at the Trump International Hotel during the weekdays. The hotel, owned by Trump, is just a few blocks from the White House and is by no means cheap.

Washingtonian found that even if Cohn took the cheapest room, he’d still be paying more than $2,000 a week, or $102,632 a year. If he decided to go for an upgraded one-bedroom executive suite, the price tag would reach almost $400,000 for the year Cohn lived in Washington.

Now that Cohn is done with the White House and heading back to New York, Trump and his hotel are facing the loss of a reliable customer who enriched his organization’s corporate coffers.

In possibly related news, the White House would not rule out calling back Cohn if a new position becomes available.

Contact Nathan Guttman at [email protected] or on Twitter @nathanguttman

A message from our Publisher & CEO Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

—  Rachel Fishman Feddersen, Publisher and CEO

With your support, we’ll be ready for whatever 2025 brings.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.