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Goldman Sachs president to advise Trump on economy

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
Goldman Sachs CEO Gary Cohn arrives for a meeting with President-elect Donald Trump at Trump Tower in New York November 29, 2016. (Photo by AFP)

US President-elect Donald Trump has hired the president of the notorious Goldman Sachs to advise him on economy.

In a news release on Monday, the future president repeated his anti-establishment economic promises, juxtaposing them with the official announcement of Goldman Sachs President Gary Cohn as the director of his National Economic Council (NEC).

“As my top economic advisor, Gary Cohn is going to put his talents as a highly successful businessman to work for the American people,” Trump said. “He will help craft economic policies that will grow wages for our workers, stop the exodus of jobs overseas and create many great new opportunities for Americans, who have been struggling."

Trump’s appointment of billionaires, corporation CEOs as well as retired generals in his administration is drawing criticism from his opponents and supporters.

Trump Tower is seen in Manhattan  on December 9, 2016 in New York City.

The latest appointment followed reports that Trump would offer the secretary of state position to the CEO of ExxonMobil, Rex Tillerson.

Cohn said it was a "great honor" for him to be working under Trump.

“I share President-elect Trump’s vision of making sure every American worker has a secure place in a thriving economy, and we will be completely committed to building a nation of strength, growth and prosperity,” he said.

Cohn is not the first person from Goldman Sachs to be picked by Trump. His Treasury secretary pick, Steven Mnuchin, is a former partner at Goldman Sachs and his chief strategist, Steve Bannon, is also a former employee.

A staunch opponent of the appointments is Vermont Democratic Senator Bernie Sanders, who said in a tweet on Saturday that “Donald Trump is a pathological liar.  We need the help of the American people to build a movement of millions who are following reality.”

"Everyone who voted for Trump, who thought he'd defend working people, pay attention to the reality of what he's doing not just his rhetoric," he said in a different tweet.

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