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struggle4progress

(118,274 posts)
Sat Feb 11, 2017, 08:10 PM Feb 2017

Economic Cabinet Is Mostly Bare

By KATE KELLY
FEB. 11, 2017

A few weeks after the election, Gary Cohn, the president of Goldman Sachs ... briefed Mr. Trump on what he regarded as the chief hurdle to expanding the economy, according to people who were briefed on the discussion: a stronger dollar, which would undermine efforts to create jobs ...

The president-elect turned to the other people in the room — his son-in-law, Jared Kushner; his chief strategist, Stephen K. Bannon; his chief of staff, Reince Priebus; and Steven T. Mnuchin, his campaign’s chief fund-raiser and Mr. Trump’s nominee to be Treasury secretary — surprised that his infrastructure ideas had such a potential downside ...

It would not be the only time Mr. Cohn was a lonely voice in Mr. Trump’s inner sanctum. Two and a half months after that initial meeting, with key economic posts in the White House and cabinet still vacant, he has become the go-to figure on matters related to jobs, business and growth. He resigned from his position at Goldman in December to become director of the president’s National Economic Council ...

It is not just that Mr. Cohn, 56, has a prominent role in economic policy; he is one of the few senior administration officials addressing those issues on the job right now ...


https://www.nytimes.com/2017/02/11/business/dealbook/trump-economic-cabinet-gary-cohn.html

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