President-elect Donald Trump on Friday selected Goldman Sachs President Gary Cohn to be the director of the National Economic Council, CNBC reported. Cohn, also the bank's COO, will be the third person in Trump's White House to have ties to Goldman Sachs, following Trump's choice of former Goldman Sachs partner Steven Mnuchin for treasury secretary and his appointment of Stephen Bannon, who worked for the bank in the 1980s, as chief strategist.
In the post, Cohn will help Trump dictate global economic policy. Critics on the left, however, were quick to point out that Trump's tripling-down on alums from the nation's most powerful bank for his administration did not align with his campaign rhetoric decrying the Wall Street ties of his rivals:
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