Blog Briefing Room

Goldman Sachs CEO ‘disappointed’ by Gary Cohn’s resignation

Goldman Sachs CEO Lloyd Blankfein said Tuesday he’s disappointed that his former colleague, Gary Cohn, resigned as the White House’s chief economic adviser.

“Gary Cohn deserves credit for serving his country in a first class way. I’m sure I join many others who are disappointed to see him leave,” Blankfein tweeted.

Cohn resigned Tuesday amid a dispute with Trump over trade policy. 

{mosads}Cohn had been trying to talk Trump out of a blanket 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, but the president has remained committed to the policy.

“It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform,” Cohn said in a statement. 

Prior to serving in the Trump administration, Cohn was the chief operating officer of Goldman Sachs for roughly 10 years.

His departure is the latest in a string of exits by high-ranking White House officials. In recent weeks, communications director Hope Hicks, senior communications aide Josh Raffel and staff secretary Rob Porter have all left the administration.

Trump earlier Tuesday downplayed the claim that his is a chaotic White House, saying “everybody” wants to work in his administration.