Tags: goldman | ceo | blankfein | trump | economy

Goldman CEO Blankfein Has 'Really Liked' What Trump Has Done for Economy

(Evan Vucci/AP)

By    |   Wednesday, 24 January 2018 09:08 AM

Goldman Sachs CEO Lloyd Blankfein said he has "really liked" what President Donald Trump has done with the economy.

The remarks come with GDP growth posed to eclipse 3 percent for the third consecutive quarter and as the stock market continues to roar to new records.

The remarks come with GDP growth posed to eclipse 3 percent for the third consecutive quarter and as the stock market continues to roar to new records.

"I'd say I like a lot more stuff than I don't lie, and some of the stuff I don't like I really don't like," Blankfein told CNBC during an interview at the World Economic Forum in Davos. "But I don't want to be hypocritical, either. I've really liked what he's done for the economy."

"We're kind of in a sweet spot, and I like it this way,"

"Let me tell you, trading is soft. All our other businesses which correlate to global growth are kind of doing very, very well and I think he's gone out of his way to be very, very supportive of the system."

Meanwhile, senior U.S. officials hit back on Wednesday against suggestions that Donald Trump's "America First" agenda was hurting globalization and trade, setting an aggressive tone ahead of the U.S. president's visit to the World Economic Forum.

Trump himself took to Twitter. "Tremendous investment by companies from all over the world being made in America. There has never been anything like it. Now Disney, J.P. Morgan Chase and many others. Massive Regulation Reduction and Tax Cuts are making us a powerhouse again. Long way to go! Jobs, Jobs, Jobs!" the president tweeted.

World leaders, including Indian Prime Minister Narendra Modi, Canada’s Justin Trudeau and Brazilian President Michel Temer, raised concerns this week at the gathering in the Swiss ski resort of Davos about growing protectionism, in remarks that delegates said seemed aimed at Trump’s policies.

German Chancellor Angela Merkel and French President Emmanuel Macron are also expected to speak later on Wednesday.

Under his America First agenda, Trump has threatened to withdraw from the North American free-trade agreement (NAFTA), disavowed the global climate change accord and criticized global institutions including the United Nations and NATO.

Trump is expected to arrive by Thursday and deliver a keynote address to the forum on Friday, mingling with the same elite "globalists" that he bashed during his 2016 presidential run.

(Newsmax wires services contributed to this report).

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Goldman Sachs CEO Lloyd Blankfein said he has "really liked" what President Donald Trump has done with the economy.
goldman, ceo, blankfein, trump, economy
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2018-08-24
Wednesday, 24 January 2018 09:08 AM
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