Who is CEO of Goldman Sachs?
David M. Solomon
David Michael Solomon (born c. 1962) is an American investment banker who has been the chief executive officer (CEO) of Goldman Sachs since October 2018 and chairman since January 2019.[5] Prior to this, he was president and chief operating officer from January 2017 to September 2018, and joint head of the investment banking division from July 2006 to December 2016. In July 2018, Solomon was named CEO, succeeding Lloyd Blankfein as of October 1, 2018 and will become chairman at the end of 2018.[6]
First 100 days of Donald Trump's presidency
Gary Cohn, the former Goldman Sachs investment banker and executive, took office on January 20, as Trump's Director of the National Economic Council, (NEC), a position which did not require Congressional confirmation, By February 11, 2017, "The Wall Street Journal" described Cohn as an "economic-policy powerhouse" in Trump's administration and "The New York Times" called him Trump's "go-to figure on matters related to jobs, business and growth." While the confirmation of Trump's December 12, 2016, nominee for Secretary of Treasury, Steven Mnuchin, was delayed until February 13 by Congressional hearings, Cohn filled in the "personnel vacuum" and pushed "ahead on taxes, infrastructure, financial regulation and replacing health-care law." In November, Trump considered offering Cohn the position as Secretary of Treasury. If Cohn had stayed at Goldman Sachs, some believed he would have become CEO when Lloyd Blankfein vacated that office and his $285 million severance package "raised eyebrows" according to CNN. Bannon and Cohn disagree on the border-adjustment tax, the centerpiece of Paul Ryan's controversial tax reforms presented on February 17, which includes a 20% import tax, export subsidies and a 15% reduction in corporate tax rates that would, among other things, pay for the Mexican wall, which according to a "The Washington Post" study, would cost $25 billion and which Trump stated would cost $12 billion.