Dec
11
Goldman Sachs to Extend Its Reach in Trump Administration
ByCreditSam Hodgson for The New York Times
Goldman Sachs’s outsize influence in Washington is about to get larger.
The longtime second-in-command at Goldman Sachs, Gary D. Cohn, is expected to be named director of the National Economic Council, which oversees economic policy in the White House.
Coming fast on the heels of the nomination of Steven Mnuchin, a former Goldman partner, as Treasury secretary, it will mean that economic policy under the president-elect, Donald J. Trump, will be shaped chiefly by veterans of the Wall Street firm…