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Trump Calls on Goldman Sachs CEO to Focus on DJing Over Running Bank
ByAinvest
Wednesday, Aug 13, 2025 2:15 pm ET1min read
President Donald Trump criticized Goldman Sachs CEO David Solomon, saying he should focus on being a DJ rather than running a major financial institution. Trump claimed Solomon and Goldman Sachs made a "bad prediction" about market repercussions and tariffs, and were wrong.
U.S. President Donald Trump has taken aim at Goldman Sachs CEO David Solomon, suggesting that he should focus on being a DJ rather than running a major financial institution. Trump made these remarks on his Truth Social platform, accusing Solomon and Goldman Sachs of making false predictions about the market impact of tariffs [1].In a recent post, Trump claimed that Solomon and Goldman Sachs had made a "bad prediction" regarding the economic repercussions of tariffs. He argued that the bank's analysis was inaccurate and that they were wrong in their assessment. Trump also mocked Solomon, suggesting that he should concentrate on his music career rather than managing a significant financial institution [1].
The president's comments come amidst a growing tension between him and several prominent CEOs and businesses. Trump has been vocal about his complaints concerning corporate policies and operations since taking office in January. He has publicly criticized various CEOs, including those from Intel, Tesla, Apple, and Amazon, among others [1].
Trump has defended his tariff policies, claiming they have brought "trillions of dollars" into the country and boosted the U.S. stock market, general wealth, and overall economy. He stated that tariffs have not caused inflation or any other economic problems for the United States, and that the costs are mostly borne by companies and governments, many of them foreign [2].
Despite these assertions, critics argue that Trump's tariffs have led to increased costs for American consumers and businesses. The president's comments on Solomon and Goldman Sachs underscore the ongoing debate over the effectiveness and impact of Trump's economic policies.
References:
[1] https://economictimes.indiatimes.com/news/international/us/trump-vs-ceos-elon-musk-apples-tim-cook-to-goldman-sachs-ceo-david-solomon-full-list-of-prominent-corporate-executives-whom-donald-trump-has-publicly-blasted/articleshow/123266482.cms?from=mdr
[2] https://en.apa.az/america/trump-defends-tariffs-criticizes-goldman-sachs-ceo-david-solomon-474944
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