Gary Cohn (investment banker)

Gary Cohn joins blockchain startup

Photo of Gary Cohn.
Gary Cohn speaks at an event hosted by the Economics Club of Washington D.C. Photo: Samuel Corum/Anadolu Agency via Getty Images

Gary Cohn, former economic adviser to President Trump and Goldman Sachs president, has joined the advisory board of Spring Labs, a startup developing blockchain tech to help lenders and other companies verify customer identity, he told the Financial Times.

Why it matters: Cohn is not the first Wall Street executive to be interested in this new area of digital currencies, nor the first to focus his enthusiasm on the underlying technology rather than the cryptocurrencies themselves.

Free trader Gary Cohn says Trump's end goal for China is "correct"

Former Director of the National Economic Council Gary Cohn speaking.
Photo: Saul Loeb/AFP via Getty Images

Former White House economic advisor Gary Cohn said Monday that he agrees with President Trump's end goal for fair trade between the U.S. and China, but said Trump is taking an "unpredictable path of negotiation" to get there.

Why it matters: Cohn, a free trader, left the White House in March, in part because he butt heads with Trump on steel and aluminum tariffs. Cohn's latest comments come the same night the Trump administration levied another round of tariffs on Chinese goods.

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