Several sources said Cohn, director of the National Economic Council, had long planned to stay in his post for at least a year. But one source said concern had grown among Cohn’s allies over the past 24 hours that he might be pressured to leave.

The recent concerns stem from a report in the Wall Street Journal – confirmed by other news media, including Reuters – that Cohn was unlikely to be nominated by Trump as a potential successor to Fed Chair Janet Yellen.

Trump had mentioned Cohn in July for the job. Cohn resigned as president of Goldman Sachs to join the new administration.

“The calculus has shifted for Gary. He’s gone, essentially, from untouchable to possibly being bounced out,” the source said. “The message is clear that suddenly Cohn’s job in the White House has real downside risk.”