Posted on 11/30/2016 2:25:10 PM PST by SeekAndFind
President-elect Donald Trump is considering Goldman Sachs President Gary Cohn for a senior administration job, possibly as director of the Office of Management and Budget, several sources close to the situation said on Wednesday.
People familiar with the matter say Cohn's meeting with Trump on Tuesday included talks about a potential job in the new administration, possibly to run OMB, a sprawling office that will handle much of Trump's budget policy after he takes office in January.
Cohn, who is friendly with Republicans and Democrats in Washington, is a longtime commodities trader who became Goldman's president and co-chief operating officer in 2006. He has long been the heir apparent to Goldman CEO Lloyd Blankfein. But with Blankfein showing no inclination to leave after battling cancer, Cohn may be looking to take on a new challenge. He is friendly with Trump's son-in-law, Jared Kushner.
Cohn would add yet another Goldman name to a roster already filled with former executives from the influential bank, including Treasury pick Steven Mnuchin and incoming top White House adviser Steve Bannon.
People close to Cohn, an aggressive and imposing trading veteran, note that he has a reputation for attracting and managing top talent, a key attribute for any OMB chief.
Cohn — a registered Democrat — has made financial contributions to both parties, but in recent years, his political donations have trended toward Republicans. In 2015, he gave $33,400 to the National Republican Congressional Committee, $5,400 to Sen. Tom Cotton (R-Ark.) and $5,000 to House Majority Leader Kevin McCarthy's (R-Calif.) PAC. But he's also contributed to Sen. Gary Peters (D-Mich.), Sen. Mark Warner (D-Va.) and former Sen. Kay Hagan (D-N.C.).
(Excerpt) Read more at politico.com ...
Hard for me to believe he would give up that gig. That is a huge downgrade in salary.
Still waiting to hear why the founder, CEO and President of Fex Ex was meeting with Trump
Drain the swamp
I can imagine the left will go crazy, they seem to whenever they hear the words ‘Goldman Sachs’.
WTH is going on?
First Bannon, then Mnuchin, now Cohn...
Is this going to be an all out Goldman-Sachs admin?
After Trump and his campaign criticized Goldman’s connection to the globalist cabal?
This is not a good sign.
As does the Right.
Actually every decent person ought to be offended by GS.
This is impossible because ...
... oh, never mind.
I wonder why Trump never spoke to someone like Steve Forbes... he would have made a great Treasury Secretary.
As for Budget, Has anyone ever considered the man who developed the Penny Plan:
http://www.freedomworks.org/content/top-10-reasons-support-rep-connie-macks-penny-plan
He was Congressman Connie Mack.
GOLDMAN SACHS.... SWAMP BUILDERS
Sounds like a great choice to me!
“Hard for me to believe he would give up that gig. That is a huge downgrade in salary.”
There are a bunch of business magnates being drawn into this administration - it strikes me as a pattern, and as much more pronounced than is typical.
Perhaps Trump is rallying his peers in a patriotic effort, akin to the charity functions where they hobnob together.
Although the money may not be there (let’s hope its not), there is great prestige and opportunity to self-actualize for some of these super high achievers.
He may also be raiding the Democrat Party of some talent and wealthy supporters, which could mark a turning point, where it becomes acceptable (survivable) for NY financiers (and dare I say wealthy NY Jews) to openly become Republicans.
If you want to hire the top finance people in the country, you’ll find them working at Goldman-Sachs.
The same place you find the top white collar criminals and conspirators.
Well, I hope they know where the bodies are buried...and do something about them...ie, financial idiocy
Gary Cohn is 55 years old, earns $8 million a year, and has exercised $18 million in options with who-knows-how-much-more in his portfolio. There comes a time when a man looks to accomplish more than making more money after he’s reached the top of his field, which is why many CEOs do other things after they and their families are set for life. Bill Gates would be an extreme example, I’d say Cohn is much more motivated by the opportunity to help make American great.
OK, just sit around and whine about why Trump isn’t hiring his top finance people out of community college.
Bannon is about as anti-globalist as they come. It was only one of many jobs the man has had.
So all the qualified people work for GS?
You don’t drain the swamp by hiring the alligators.
Childish little Bobby.
If you are happy about GS’s machinations, just say so.
But hey... at least these are top qualified alligators./sarc
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