Goldman’s Gary Cohn on List for Trump Energy Secretary, Ponders Firm Exit

President-elect Donald Trump is considering Goldman Sachs (NYSE:GS) chief operating officer Gary Cohn to run his Energy Department as the former commodities trader and No. 2 executive inside one of Wall Street’s top investment banks signals he could soon leave the prestigious white-shoe firm, the FOX Business Network has learned.

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Cohn has weighed leaving Goldman for years now, as it became clear that he would not soon replace Lloyd Blankfein as Goldman’s chief executive—a position he has long sought.

In recent weeks, Cohn, 56, who has served as the company’s No. 2 executive since 2006, has grown even more frustrated as the 62-year-old Blankfein has made it clear he isn’t ready to step down anytime soon, according to people with direct knowledge of the matter.

Blankfein recently survived a bout with lymphoma and is expected to make a full recovery, the firm has stated

Cohn is still considered Blankfein’s successor when the CEO decides to leave, but has become increasingly wary that by the time Blankfein steps down, he won’t have much time running the firm as a new crop of younger executives will be eager to take his place, these people say.

With that, Cohn met with the President-elect on Tuesday at Trump Tower to discuss a possible post inside the administration, and according to these people, the sit-down went exceedingly well. Cohn has told people inside Goldman he is likely to leave the firm if he gets a top job in the new administration, these people say.

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“Trump loved him,” one person with direct knowledge of the meeting said.

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