Jamie Dimon says Gary Cohn’s resignation from the White House is ‘terrible’


Dimon’s remarks on Cohn are a bit stronger than what Goldman Sachs CEO Lloyd Blankfein said on Tuesday.

“Gary Cohn deserves credit for serving his country in a first-class way. I’m sure I join many others who are disappointed to see him leave,” Blankfein said in a Tweet.

Dimon also criticized President Donald Trump‘s plan for a 25 percent tariff on steel and 10 percent on aluminum.

“I think tariff is the wrong way to go about it. Of course there may be more, there may be retaliation, it kind of opens up the whole Pandora’s Box of additional problems,” Dimon told Bloomberg. “If it continues and it gets worse, yes it will hurt growth. … It could offset some of the huge positive we had from competitive tax reform.”