Thursday, June 15, 2017

Former Goldman Sachs Officials Could End Up Running Three Major Central Banks; Including the Federal Reserve

Gary Cohn
Former Goldman Sachs President Gary Cohn will lead the search for the next Federal Reserve chief, reports The Wall Street Journal.

According to The Journal, officials won’t publicly outline any timetable for their decision or the shortlist of candidates. Fed Chair Janet Yellen’s term runs through January, and President Donald Trump didn’t rule out her reappointment in an April interview.

It is entirely possible that Cohn could "pull a Dick Cheney." When George Bush tasked Cheney with finding a vice-presidential candidate, he came up with himself as the best option.

Cohn has made it no secret amongst friends that he wants the chairmanship.

If Cohn were to get the position, it would mean former Goldman executives would head the central banks of the United States, the European Union, and England. That's how you do big time elitist cronyism.

 -RW

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