Goldman Sachs CEO Lloyd Blankfein on Thursday used his first tweet ever to slam President Trump’s decision to pull the United States out of the Paris climate agreement.
Blankfein called Trump’s move “a setback for the environment and for the U.S.'s leadership position in the world.” It was the first tweet sent from his verified account, first reserved in June 2011.
Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. #ParisAgreement— Lloyd Blankfein (@lloydblankfein) June 1, 2017
Blankfein, like many corporate and finance titans, has expressed mixed feelings about Trump before. He praised the president’s business experience, but spoke out against Trump’s temporary travel ban against several majority-Muslim countries.
Trump has a mixed history with Goldman Sachs. He routinely criticized Hillary ClintonHillary Diane Rodham ClintonAttorney indicted on charge of lying to FBI as part of Durham investigation Durham seeking indictment of lawyer with ties to Democrats: reports Paul Ryan researched narcissistic personality disorder after Trump win: book MORE for making paid speeches to Goldman employees, and Sen. Ted CruzRafael (Ted) Edward CruzThe Hill's Morning Report - Presented by National Industries for the Blind - Schumer: Dem unity will happen eventually; Newsom prevails The Memo: Like the dress or not, Ocasio-Cortez is driving the conversation again Ocasio-Cortez defends attendance of Met Gala amid GOP uproar MORE (R-Texas), his rival for the GOP nomination, for loans he’d taken out from the bank. Cruz’s wife, Heidi, was a managing partner, and the loans were taken out against a line of credit they had with Goldman Sachs.
Even so, Trump has relied on Goldman alumni in important positions throughout his campaign and presidency. Senior adviser Stephen Bannon was a Goldman banker before joining Breitbart News and later the Trump campaign, and Treasury Secretary Steven Mnuchin also worked at the bank.
After his election, Trump tapped former Goldman Chief Operating Officer Gary Cohn, widely considered Blankfein’s likely heir, to lead the National Economic Council.