Among those working on the effort are National Economic Council director Gary Cohn, Dina Powell, senior counselor to the president for economic initiatives and deputy national security adviser, Chris Liddell, assistant to the president for strategic initiatives and Reed Cordish, assistant to the president for intragovernmental and technology initiatives. Trump is readying to announce the new office at a low point in his young administration, days after the Republican bill to repeal and replace the Affordable Care Act, also known as "Obamacare." imploded in the House of Representatives, revealing deep divides within GOP and fraying tensions at the White House.