Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
President-elect Donald Trump said Saturday that he would nominate Representative Mick Mulvaney of South Carolina to be his budget director. Mulvaney is a founding member of the conservative House Freedom Caucus, the group that led the takedown of John Boehner as speaker In Mulvaney, Trump has chosen for the Office of Management and Budget a spending hard-liner to join an economic team that could be ideologically in conflict, setting up possible collisions during major policymaking next year.
In this Nov. 30, 2016 file photo, Treasury Secretary-designate Steven Mnuchin talks to reporters as he arrives at Trump Tower in New York. There's growing concern among Republicans about the upcoming Senate confirmation hearings Mnuchin, the Wall Street financier Donald Trump has chosen to head the Treasury Department less FILE - In this Nov. 30, 2016 file photo, Treasury Secretary-designate Steven Mnuchin talks to reporters as he arrives at Trump Tower in New York.
Gary Cohn, president of Wall Street bank Goldman Sachs, will play a key role in shaping President-elect Trump's economic policies, as the announced pick to direct the National Economic Council. The selection of the 56-year-old Cohn, announced Monday, again elevates the influence of Goldman Sachs' alumni within the incoming Trump administration.
Cohn will also be the director of the National Economic Council, according to a memo sent out by the Trump transition team This nomination comes after Trump selected a 17-year veteran of the Wall Street mega-bank to head his treasury department Another member of the Goldman Sachs team was officially offered a Trump administration job, with the transition team announcing today that Gary Cohn, the bank's president and COO, would become Donald Trump's top economic adviser. Cohn will be the assistant to the president for economic policy and director of the National Economic, a release from the transition team said.
U.S. President-elect Donald Trump has picked a Goldman Sachs executive to head the White House National Economic Council, local media reported Friday. Gary Cohn, Goldman's president and chief operating officer, has been offered the director of the key economic council to coordinate domestic and international economic issues across the Trump's administration, according to NBC News.
In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street giant. He slammed Hillary Clinton for receiving speaking fees from the bank.
Appearing jovial and relaxed, Donald Trump plunged back into election politics Friday, a full month after he won the presidency, enthusiastically prodding Louisiana Republicans to turn out for Saturday's Senate runoff election and protect the party's 52-48 margin in Washington. Addressing a large crowd at an airport hangar, at one point he tossed his trademark "Make America Great Again" hat to a supporter.
U.S. Treasury Secretary-nominee Steven Mnuchin says he's qualified for the job based on years of success in the world of private finance. Entering the public stage, where unforgiving global markets and partisan wrangling await him, the political newcomer will find out within his first few days whether he's ready.
Singapore plans to bar former Goldman Sachs Group Inc. banker Tim Leissner from its securities industry for 10 years and fined Standard Chartered Plc and Coutts & Co. over breaches related to a scandal-plagued Malaysian sovereign fund.
Mnuchin had long been considered a top contender for the Treasury post but his selection runs counter to the anti-establishment rhetoric of the Trump campaign US president-elect Donald Trump's naming of veteran Wall Street banker and hedge-fund manager Steve Mnuchin to be the next Treasury secretary quickly turned into a polarising appointment as financiers cheered the selection while watchdog groups warned that it could lead to roll-backs of crucial post-crisis regulations. Mnuchin, who was a Goldman Sachs partner before starting Dune Capital Management and later running Pasadena lender OneWest Bank, confirmed the appointment in an early morning appearance on CNBC.
President-elect Donald Trump is thinking about naming Gary Cohn, the president and COO of Goldman Sachs, to a role in his administration, Politico's Ben White and Jake Sherman reported Wednesday. The role could be director of the Office of Management and Budget, according to the report.
Trump's transition team on Wednesday reportedly appointed two moguls - including another New York City billionaire - to the businessman-turned-President's White House team. The team chose Steven Mnuchin, a 53-year-old banker and film producer, to serve as Treasury secretary, according to the Associated Press.
Steven Mnuchin, President-elect Donald Trump's expected choice to be the nation's 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period in a job that ushered him into Trump's inner circle: head of Trump's campaign finance operation. When Mnuchin, 53, was chosen by Trump as his national finance director in May, he told The Associated Press that the two men had been friends for 15 years.
Steven Mnuchin, President-elect Donald Trump's expected choice to be the nation's 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period in a job that ushered him into Trump's inner circle: head of Trump's campaign finance operation. When Mnuchin, 53, was chosen by Trump as his national finance director in May, he told The Associated Press that the two men had been friends for 15 years.
The New York Times reports that Donald Trump will name Steven Mnuchin, his campaign's national finance director, as Treasury secretary. Mr. Mnuchin, the son of a Goldman Sachs partner, joined the firm after graduating from Yale University.
Former Goldman Sachs Group Inc. partner Steven Mnuchin has been recommended by Donald Trump's transition team to serve as Treasury secretary, according to two people familiar with the process, and the choice is awaiting the president-elect's final decision. Mnuchin, the campaign's national finance chairman, has been considered the leading candidate for the job.
Donald Trump's closing advertising message is a much more polished version of the populism he's been peddling all campaign: GOP candidates who want to win Michigan, OH, PA & the White House in the future should borrow heavily from this ad. https://t.co/X2yka7RlVS From a technical and thematic perspective it's a well made ad.
Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person's chances. Yet in an interview that will air Sunday on CNN's "Fareed Zakaria GPS," Blankfein, asked if he personally supports and admires Democrat Hillary Clinton, said that he did.
Goldman Sachs CEO Lloyd Blankfein said he is not part of a secret group attacking America as Donald Trump claimed. He was asked by CNBC's David Faber on Wednesday what he thought of the Republican presidential candidates comments during a rally last week that " Hillary Clinton meets in secret with international banks to plot the destruction of US sovereignty in order to enrich these global financial powers, her special interest friends and her donors."