There may be something positive about having a crony Goldman Sachs operator at the White House after all.
Since Goldman operates around the world they are not exactly big fans of out and out protectionism.
Which is probably why Trump’s National Economic Council director Gary Cohn, formerly of Goldman Sachs, reportedly vowed to another former Goldman Sachs partner that he would block Trump’s protectionist agenda from being implemented. The report comes via Vanity Fair.
Cohn is reportedly “dedicated to making sure the U.S. doesn’t start any ridiculous trade wars," according to the report.
“I’m not going to let it happen,” Cohn reportedly told the former partner.
The goofy Trump son-in-law Jared Kushner also appears to be in on the pro-trade push.
According to Vanity Fair, Cohn has been working with Kushner, who is reportedly “starstruck with” Goldman Sachs globalists, and fellow former Goldman Sachs executive Dina Powell in order to temper the “reactionary influence of people around the president” like “Peter Navarro, head of the National Trade Council” and White House chief strategist Steve K. Bannon, who are both off-the-wall anti-trade.
-RW
(ht Breitbart)
The new political lingo: if you're for trade (or free trade), you're a "globalist".
ReplyDeleteSilver lining, and all that jazz. It would be even better if they eschewed the trade agreements in favor of dropping all trade restrictions against American citizens
ReplyDelete"Cohn is reportedly “dedicated to making sure the U.S. doesn’t start any ridiculous trade wars," according to the report..."
ReplyDelete"Goldman wishes to clarify our position on Trade Wars. Standard Trade Wars or Trade Wars where we get our cut are OK. It's the ridiculous ones that we're against. Thank you..."