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February 10, 2017 at 11:00 AM
Sens. Elizabeth Warren, D-Mass., and Tammy Baldwin,D-Wis., are asking Goldman Sachs Chairman and CEO Lloyd Blankfein to disclose any role Goldman employees had in the drafting of two recent executive orders that “will directly benefit the company,” they say.
In addition, the legislators want Blankfein to explain any lobbying done by the investment firm related to these executive orders and outline profits it expects to gain as these orders take effect.
This request follows a similar one sent a week ago to Gary Cohn, incoming director of the National Economic Council and a former Goldman Sachs executive, who received $284 million in expedited access to cash and stock payments from the firm when he left to join the Trump administration.
“The executive orders released by President Trump on [Feb. 3] raise our concerns about the degree to which Mr. Cohn’s advice to President Trump is good for Wall Street, but bad for Americans,” the senators wrote in the letter, which was sent Friday.
