Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Trump fires adviser Bannon

Published 08/18/2017, 01:37 PM
Updated 08/18/2017, 01:37 PM
© Reuters. White House Chief Strategist Stephen Bannon and White House Chief of Staff Reince Priebus speak at the Conservative Political Action Conference (CPAC) in National Harbor, Maryland

By Jeff Mason and Steve Holland

WASHINGTON/HAGERSTOWN, Md. (Reuters) - President Donald Trump fired chief strategist Steve Bannon on Friday, the White House announced, ending the turbulent tenure of a rabble-rousing conservative media entrepreneur and political activist who was a darling of Trump's base.

"White House Chief of Staff John Kelly and Steve Bannon have mutually agreed today would be Steve's last day," White House spokeswoman Sarah Sanders said in a statement. "We are grateful for his service and wish him the best."

A source familiar with the decision, which had been under consideration for a while, said Bannon had been given an opportunity to depart on his own terms. "The president made up his mind on it over the past couple of weeks," the source said.

Kelly had been evaluating Bannon's role within the White House. "They gave him an opportunity to step down knowing that he was going to be forced to," the source said.

Bannon damaged his standing by giving an interview to the liberal American Prospect this week in which he was seen to be undercutting Trump's position on North Korea.

Bannon told associates he thought he was talking to an academic and thought he was off the record.

© Reuters. White House Chief Strategist Stephen Bannon and White House Chief of Staff Reince Priebus speak at the Conservative Political Action Conference (CPAC) in National Harbor, Maryland

He had told friends he could go back to the right-wing Breitbart News outlet, which he had headed before he took over as chief of Trump's presidential campaign in August 2016.

Latest comments

COHN's the man
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.