Goldman CEO vs. Trump: The Fed Rate Fight
Update: 2025-09-08
Description
Goldman Sachs CEO David Solomon clashes with Trump allies over interest rates, arguing the Fed shouldn't rush cuts despite political pressure. Solomon cites investor risk appetite and persistent inflation as reasons to hold steady, while acknowledging trade uncertainties impacting business investment. Despite political headwinds and Trump's criticism, Goldman Sachs' stock remains strong, nearing all-time highs.
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