Trump Bumps Pompeo Up To State, Picks New CIA Director — REXIT

Secretary of State Rex Tillerson speaks during a news conference in December

U.S. Secretary of State Rex Tillerson was ousted Tuesday after months of strained relations with President Donald Trump, who sometimes used tweets to disparage the former Exxon Mobil CEO's efforts at global diplomacy, Bloomberg reports.

The US president said Gina Haspel will become the new Central Intelligence Agency director, the first woman chosen for the job. "He will do a fantastic job!" he tweeted. He added, "I want to thank Rex Tillerson for his service". Haspel has served as Pompeo's deputy and will become the first woman to serve as director.

Tillerson's ouster was reported minutes before Trump's tweet by the Washington Post, though tensions between the two have simmered almost since Tillerson took the job in 2017.

Tillerson and Cohn join the ranks of chief of staff Reince Priebus, former communications directors Hope Hicks, Anthony Scaramucci and Mike Dubke, press secretary Sean Spicer, staff secretary Rob Porter, HHS director Tom Price, deputy assistant Sebastian Gorka, chief strategist Steve Bannon, FBI director James Comey, national security advisor Mike Flynn and many other high-ranking officials that have resigned or been fired.

The Time Warner Inc (TWX) Shares Sold by WINTON GROUP Ltd
It is positive, as 72 investors sold AIG shares while 293 reduced holdings. 106 funds opened positions while 696 raised stakes. Quantitative Investment Management Llc decreased Time Warner Inc ( TWX ) stake by 58.91% reported in 2017Q3 SEC filing.

CIA Director Mike Pompeo will take up the role, the President announced in a tweet. Trump offered no explanation for the change.

Tillerson had just returned from a shortened trip to Africa hours before Trump's announcement. Mike and Gina have worked together for more than a year, and have developed a great mutual respect.

Pompeo said in a statement, "If confirmed, I look forward to guiding the world's finest diplomatic corps in formulating and executing the President's foreign policy".

Rex Tillerson is out as secretary of state.

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