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Sonnenfeld: Cohn's Resignation Would Crash Markets

Investors are counting on Trump aide Gary Cohn to help push through tax reform, Yale management expert Jeffrey Sonnenfeld tells CNBC. The New York Times reported that Cohn is "upset" and "disgusted" with Trump's response to violence in Charlottesville, Virginia. "I think if he steps away, it would crash the markets," Sonnenfeld says. "A number of people" on Wall Street and at Cohn's former firm Goldman Sachs have called him to suggest that he resign from the administration, said CNBC's Andrew Ross Sorkin, who also writes for the Times.
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