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Trump Adviser Gary Cohn Gets $100M Goldman Payout

POCKET CHANGE

President’s top economic adviser.

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© Ueslei Marcelino / Reuters

President Trump’s top economic adviser, Gary Cohn, will leave his post at Goldman Sachs with a payout worth more than $100 million. The former second-in-command at the Wall Street firm has been tapped by the commander-in-chief to head the National Economic Council. Cohn worked at the investment bank for 25 years, but he was forced to cut ties with the company in order to follow government ethics rules. Goldman announced it will pay Cohn $65 million for long-term bonuses, pay out stock awards worth $35 million and allow Cohn to sell $23 million in locked-up shares. After taxes, he will end up with just over $100 million.

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