'He has no patience for that kind of stuff': Some of Gary Cohn's old Goldman Sachs colleagues aren't sure he'd be a good Federal Reserve chair

pulse

August 3, 2017 4:31 PM

"I can’t see why he would want to spend all his hours in those meetings dealing with material that’s as dry as a bone," one former Goldman partner said.

Gary Cohn

Gary Cohn, the top economic advisor to President Donald Trump, has been floated as the top contender for the next chair of the Federal Reserve, but some of his old colleagues aren't so sure he's up for it, according to a new report from Bloomberg.

Cohn, the director of the National Economic Council and former COO of Goldman Sachs, is reportedly interested in the top job at the Fed and Trump told the Wall Street Journal in July that he is a serious candidate.

Despite his frontrunner status, some of Cohn's old coworkers at Goldman Sachs doubted Cohn's credentials in interviews with Bloomberg's Jenna Smialek, Max Abelson, and Dakin Campbell.

Given these credentials, former Fed officials interviewed by Bloomberg had reservations.

It wasn't all doubts, however, as some colleagues thought that Cohn could make up for the gaps in his knowledge with his hard work.

pulse