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Goldman CEO says former No. 2 Cohn would do a 'great job' as U.S. Fed chair

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Goldman CEO says former No. 2 Cohn would do a 'great job' as U.S. Fed chair

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(Reuters) – Goldman Sachs Group Inc <GS.N> CEO Lloyd Blankfein said that Gary Cohn would do a “great job” if he were to replace Janet Yellen as chair of the U.S. Federal Reserve. “Gary is very, very capable,” Blankfein said, speaking in New York on Wednesday at a conference organised by German newspaper Handelsblatt Global. “He’s not an academic, but I’ll tell you there is no one that has a better sense of markets.” Cohn, a former Goldman Sachs president who is now director of the National Economic Council, has been cited as a leading candidate to run the Federal Reserve over the coming years.

(Reporting by Olivia Oran in New York)
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