Trump Picks Goldman President Gary Cohn To Be Chief Economic Advisor

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Trump offers Gary Cohn the position of National Economic Council Director. Cohn is the President and COO of Goldman Sachs. Cohn has not announced if he will accept the position.

It appears that vampire squids are quite adaptable to living inside the swamp that Trump promised to be draining.

Following the appointment of former Goldman partner Mnuchin as Treasury Secretary, NBC News reports that Goldman Sachs President and COO Gary Cohn has been selected as National Economic Council Director.

 

Donald Trump has offered Goldman Sachs executive Gary Cohn a key economic post, which would add to the administration another veteran of the powerful firm he bashed during his campaign, sources close to Cohn told NBC News. 

As NBC adds, Cohn, Goldman’s president and chief operating officer, has been offered the directorship of the National Economic Council and assistant to the president for economic policy, the sources said. It is unclear if Cohn will accept the post, but he reportedly had discussions late last month about leaving Goldman.

Trump’s Treasury secretary pick Steven Mnuchin and senior advisor Steve Bannon also worked at Goldman Sachs, which Trump repeatedly attacked on the campaign trail. As a reminder, Trump cited Goldman as evidence that corporate and financial interests have influence over politicians and criticized former opponent Ted Cruz for taking a loan from the firm. 

Goldman Sachs President, COO Gary Cohn has confirmed President-elect Trump offered him post of National Economic Council Director and assistant to president for economic policy, NBC News said, citing sources.

Via ZeroHedge

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