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Goldman Sachs CEO Lloyd Blankfein speaks at the Bloomberg Global Business Forum on September 20, 2017 in New York City. Photo by John Moore via Getty Images.

Goldman Sachs' Lloyd Blankfein is preparing to step down as CEO as soon as year's end, reports WSJ. He is expected to be replaced by one of the bank's two co-presidents, Harvey Schwartz and David Solomon.

Why it matters: Blankfein is one of Wall Street's longest-serving and most iconic executives, having guided Goldman through the financial crisis and other major developments throughout his 36-year tenure working for the bank. Blankfein has given no indication of what his future plans might entail, though WSJ notes his three immediate predecessors left for government jobs.

Go deeper

Cuomo says words may have been "misinterpreted" following allegations of harassment

New York Gov. Andrew Cuomo at a Feb. 22 news conference. Photo: Seth Wenig/pool/AF via Getty Images

New York Gov. Andrew Cuomo issued a lengthy statement on Sunday saying he " never inappropriately touched anybody" but acknowledged that "some of the things I have said have been misinterpreted as an unwanted flirtation," after two of his former aides accused him of sexual harassment.

Why it matters: Prior to Cuomo's statement, in which he adds that he "never inappropriately touched anybody" or meant to make anyone uncomfortable, the governor's office and the state attorney general went back and forth in a public disagreement about how to investigate the allegations.

Cyber CEO: Next war will hit regular Americans online

Any future real-world conflict between the United States and an adversary like China or Russia will have direct impacts on regular Americans because of the risk of cyber attack, Kevin Mandia, CEO of cybersecurity company FireEye, tells "Axios on HBO."

What they're saying: "The next conflict where the gloves come off in cyber, the American citizen will be dragged into it, whether they want to be or not. Period."

Cedric Richmond: We won't wait on GOP for "insufficient" stimulus

Top Biden adviser Cedric Richmond told "Axios on HBO" the White House believes it has bipartisan support for a stimulus bill outside the Beltway.

  • "If our choice is to wait and go bipartisan with an insufficient package, we are not going to do that."

The big picture: The bill will likely undergo an overhaul in the Senate after House Democrats narrowly passed a stimulus bill this weekend, reports Axios' Kadia Goba.

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