Gary Cohn, president of Wall Street bank Goldman Sachs, will play a key role in shaping President-elect Trump's economic policies, as the announced pick to direct the National Economic Council.
The selection of the 56-year-old Cohn, announced Monday, again elevates the influence of Goldman Sachs' alumni within the incoming Trump administration. Steven Mnuchin, Trump's choice for treasury secretary, and Steve Bannon, his pick for top political strategist, also worked at the bank.
Although Trump promoted anti-establishment and anti-Wall Street rhetoric during the campaign, he has stocked his White House with insiders such as Cohn, who has worked for Goldman Sachs for 25 years.
As is typical for top industry figures, Cohn has supported both major political parties. In the 2016 campaign, he backed Clinton rather than Trump, but over the years he has donated hundreds of thousands of dollars to both Democrats and Republicans.