Donald Trump appoints Gary Cohn, another top Goldman Sachs alum, to his administration
With Gary Cohn tapped to lead the White House National Economic Council, Trump’s swamp gets deeper.
President-elect Donald Trump announced Friday that the new head of his White House National Economic Council will be another Goldman Sachs executive.
Gary Cohn, who is president and chief operating officer at Goldman Sachs, joined the Wall Street firm in 1990 and has since served in leadership roles involving bond trading, according to Reuters. He eventually become co-head of broader securities at the company and was promoted to co-president in 2006.
By selecting Cohn to such an important role in his administration, Trump has given even more influence to Goldman Sachs in an administration that is already disproportionately stocked with its former associates. Trump’s appointment for treasury secretary, Steven Mnuchin, was also a former Goldman Sachs executive, as is Trump’s chief White House strategist and alt-right darling, Steve Bannon.
