Trump Criticizes Goldman Sachs and CEO Over Tariff Predictions
TL;DR
President Trump criticized Goldman Sachs CEO David Solomon for a 'bad prediction' regarding the impact of tariffs on markets and consumer costs, following a Goldman Sachs report that highlighted the rising burden of tariffs on US consumers. Trump also mocked Solomon's hobby as a DJ and criticized major banks for allegedly debanking clients for political reasons, amidst broader tensions with Wall Street. Despite these conflicts, the financial sector may benefit from Trump's deregulation efforts.
- Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs Bloomberg.com
- ‘Just Focus on Being a DJ’—Trump Attacks Goldman CEO Over Tariffs The Wall Street Journal
- Trump blasts Goldman over tariff forecasts, tells David Solomon to 'focus on being a DJ' Yahoo Finance
- Trump mocks Goldman Sachs CEO David Solomon: 'Maybe, he ought to just focus on being a DJ' Business Insider
- Trump rebukes Goldman's Solomon and bank's economics research on tariff impact Reuters
Want the full story? Read the original reporting
Read on Bloomberg.com