Gary Cohn

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Last quote by Gary Cohn

We have a unique window in time. We're still pushing the agenda.feedback
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NEW Oct 16 2017 Trump Presidency
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Gary Cohn is associated, including U.S., Trump, and bank. Most recently, Gary Cohn has been quoted saying: “They need to stay and get taxes done.” in the article Top Trump advisor Cohn says tax reform has to get done this year.
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Gary Cohn quotes

Sep 29 2017

A typical family earning $100,000 with two children … can expect a tax cut of about $1,000. If we allow a family to keep another thousand dollars of their income, what does that mean? They can renovate their kitchen. They can buy a new car. They can take a family vacation. They can increase their lifestyle.feedback

Sep 29 2017

That is not a red line. We've told you where our red lines are. Our red lines are the business tax rate, both on the pass through entities and the corporate entities cannot go higher than it is in our initial proposal and that there has to be a tax cut for hard working middle income Americans. We are willing to work with the tax writers on the other dials we have in the system.feedback

Sep 29 2017

You've seen our blueprint. You've seen our plan. Our plan at this point does not allow for deductions of state and local taxes.feedback

Sep 29 2017 - American politics

People don't buy homes because of the mortgage deduction.feedback

Sep 28 2017 - Republican Party

We are doing an awful lot to help hardworking Americans. I think when people see the final details, they'll be pretty impressed with what we're doing for working Americans.feedback

Sep 28 2017

The lower we go, we think the more attractive the United States becomes. We would have liked to start lower and given ourselves some negotiating room. We are at 20. Twenty is a bright-line test for us. The president said it. He said it yesterday and he's been very clear about it.feedback

Sep 28 2017

We think we can drive a lot of business back to America, we can drive jobs back to America, we can make ourselves very competitive. We think we can pay for the entire tax cut through growth over the cycle.feedback

Sep 28 2017

All of these things lead to higher GDP. We think this is very attainable.feedback

Sep 28 2017

Honestly, we think we can get over 3 percent, so it's not just the 3 percent bogey we're shooting at.feedback

Sep 28 2017

I cannot guarantee that. You could find me someone in the country that their taxes may not go down. Our tax plan is aimed at making sure that we give middle class Americans a tax cut. That is what we are spending all of our time on doing, and we've got lots of tools at our disposal to make sure we do that and that's what we're going to do.feedback

Sep 18 2017 - Trump Presidency

I made the president's position unambiguous, to where the president stands and where the administration stands on Paris. We reaffirmed the president's statement that he made in the Rose Garden, and we continue to reinforce what the president is saying.feedback

Sep 08 2017

Can and must do better in consistently and unequivocally condemning these groups.feedback

Sep 05 2017

Look, tax cuts are really important to me. I think it's a once-in-a-lifetime opportunity. We haven't done tax cuts in 31 years. So, to be a part of an administration that gets something done that hasn't been done for 31 years is enormously challenging, enormously interesting to me.feedback

Sep 01 2017

They're the policemen, they're the firemen, they're the teachers, they're the civil servants of America today who have their money in public pension funds being managed in the U.S. equity market. We're helping Americans by delivering returns back to them.feedback

Sep 01 2017

Who owns equity in the world today? The big pools of equity owners in the world today are the pension funds. The biggest public pension funds are the biggest owners of equity in the world.feedback

Sep 01 2017

I have a great relationship with the president. We're working well together.feedback

Sep 01 2017

As a Jewish-American, I will not allow neo-Nazis ranting 'Jews will not replace us' to cause this Jew to leave his job. I feel deep empathy for all who have been targeted by these hate groups. We must all unite together against them.feedback

Sep 01 2017 - Trump Presidency

Simplification does not mean tax cuts for the higher end of the bracket. We can simplify and we can get rid of a lot of the deductions. Those deductions actually affect the high-bracket payers, so when you actually simplify that tax returns you're actually affecting the high taxpayers the most.feedback

Sep 01 2017 - Trump Presidency

No, we're not disappointed with those numbers, we're not disappointed at all. We're looking at the trend overall, we're looking at job growth, we're looking at job creation, and we see a lot of very good momentum in the numbers.feedback

Sep 01 2017 - Trump Presidency

As you simplify the tax system, you actually reduce taxes on middle class income payers and average Americans and you're actually taxing the higher end at a higher rate.feedback

Sep 01 2017 - Trump Presidency

We will hire people. When you hire people you compete for labor. When you compete for labor you drive wages. We need wage growth, we need job creation in this country. We've got get competitive with the rest of the world.feedback

Aug 29 2017

Only morons pay the estate tax, .feedback

Aug 25 2017 - Trump Presidency

I would like to get the tax rate as low as possible so that businesses want to create jobs here.feedback

Aug 25 2017 - Trump Presidency

Today, they often have to pay extra taxes for bringing profits back to the U.S. Our current system basically creates a penalty for headquartering in the U.S.feedback

Aug 25 2017 - Trump Presidency

At the end of the day, Congress has to increase the debt ceiling - that is just the reality. The key point is this: tax reform is the White House's number one focus right now.feedback

Aug 25 2017 - Trump Presidency

Starting next week, the president's agenda and calendar is going to revolve around tax reform. He will start being on the road making major addresses justifying the reasoning for tax reform and why we need it in the U.S.feedback

Aug 23 2017

We're not going to burden the banks with literally hundreds of billions of dollars of regulatory costs every year.feedback

Aug 23 2017

Right now we've got this massive set of regulations built to regulate all banks as [if] they're equal. We may be able to tailor regulations for different aspects of the financial markets and different aspects of the financial institutions.feedback

Aug 18 2017 - Populism

You're changing history, you're changing culture.feedback

Aug 18 2017 - Populism

George Washington was a slave-owner. Are we going to take down statues to George Washington? How about Thomas Jefferson?feedback

Aug 17 2017 - Carbon

We are going to hit the ground running, literally this month on tax reform. We are here to execute his agenda.feedback

Jul 20 2017 - American politics

We were going to get to tax reform if [health-care reform] passes or it doesn't pass. We are on a tax reform agenda when we come back in September, when the August recess is over. We will be 100 percent engaged in tax reform.feedback

Jul 11 2017 - French election 2017

Macron and the president have somewhat different views on how to achieve the end goal, but I think the end goal is the same.feedback

Jul 04 2017 - G20

On trade, no less than on alliances, America First' does not mean America alone. He cares very much about the climate and environment, but he has to enter into a deal that's fair for the American worker.feedback

Jul 01 2017 - China

Much of our biggest problem on trade has to do with our economic relationship with China, and we have maintained a very large trade deficit with China, and it continues to grow.feedback

Jul 01 2017 - China

The premise of that report we will use as an opportunity to talk with many of our trading partners around the world about what's going on in steel. China has many predatory practices in the way they deal with us, with intellectual property and trade barriers for us. We're forced to transfer technology into China, forced to have joint ventures in China. We have tariffs and nontariff barriers; unable to own companies in China, as well. And we're dealing with all of their policies.feedback

Jun 29 2017 - Trump Presidency

We do not think 3 percent GDP is that lofty of a goal. We think we're setting very realistic expectations.feedback

Jun 29 2017 - Trump Presidency

We were going to get to tax reform if this passes or it doesn't pass. We are on a tax reform agenda when we come back in September when the August recess is over. We will be 100 percent engaged in tax reform.feedback

Jun 29 2017 - Obamacare

We would love to cut some of the taxes that are in the Obamacare bill.feedback

Jun 14 2017

No, I have a great job right now. Serving the president has been a dream come true. I come into work each day and I'm very excited to be in the White House.feedback

Jun 07 2017

Yesterday was actually a very good day for us on tax reform. We agreed on the schedule, we agreed on our objectives and we agreed on a time frame. We're all on board to do it this year.feedback

Jun 05 2017 - Trump Presidency

We're really moving into the modern decade of technology in air traffic control. It's a system where everyone benefits from this.feedback

Jun 03 2017 - Trump Presidency

It doesn't matter who you are, whether you are farmer in the Midwest, or a mother driving your kids to and from school, or a worker or a college kid flying back and forth to school, you're affected by infrastructure.feedback

Jun 03 2017

He came here to learn. He came here to get smarter.feedback

Jun 02 2017 - Fracking

The price of natural gas because of the technological advances we've had in the United States, and all the fracking development in what we've done to create an abundance of natural gas, has made the price of coal less favorable today. That could change very quickly.feedback

Jun 02 2017 - Trump Presidency

At some point in the cycle, coal will be competitive again. We want to be in the coal business because we know there's a cyclical nature to all these commodity prices. And when coal is the feedstock of choice, we need to have that feedstock to be globally competitive. But I did get caught off guard when [Blankfein] started tweeting last night.feedback

Jun 02 2017 - Trump Presidency

I'm confident that Congress will get the ceiling raised, on Friday, addressing what's become a yearly will-they-won't-they discussion as conservatives threaten to default on the federal debt to try to rein in government spending. At the end of the day, the deficit ceiling has to be raised. This is money that the Congress appropriated. They chose to spend the money. In a perfect world you would love to have a clean debt ceiling. But if we need to get things attached to get it through, we'll attach things.feedback

Jun 01 2017

Coal doesn't even make that much sense anymore as a feedstock. Natural gas, which we have become an abundant producer, which we're going to become a major exporter of, is such a cleaner fuel. Compliance with the terms of the Paris accord and the onerous energy restrictions it has placed on the United States could cost America as much as 2.7 million lost jobs by 2025, according to the National Economic Research Associates. This includes 440,000 fewer manufacturing jobs – not what we need.feedback

Jun 01 2017 - Terrorism

Coal doesn't even make that much sense anymore as a feedstock.feedback

May 31 2017

If those things collide, growing our economy is going to win. The president ran on growing our economy.feedback

May 30 2017 - Trump Presidency

He said they're very bad on trade, but he doesn't have a problem with Germany.feedback

May 27 2017 - Trump Presidency

There was a very frank exchange of views but he's not made a final decision on Paris. He continues to study the issue. We had a very robust conversation.feedback

May 27 2017

That was a big topic, where many of the European leaders talked about these global agreements ... without the United States it's sort of missing a big gap when you take the biggest economy out.feedback

May 27 2017 - Syria conflict

We're not going to comment on Jared. We're just not going to comment.feedback

May 27 2017 - Trump Presidency

I don't know. What you're asking me to do is tell you what's inside the president's mind. I'm not qualified to do that. One thing you have to admit. I'm not sure that's true.feedback

May 27 2017 - French Election Results

They understand where we are, we understand where they are and it's most important that we continue to work together.feedback

May 27 2017 - China

The president, since he left New York [he later corrected himself to say Washington] has been dealing with foreign leaders, he's been dealing with jobs, he's been dealing with economic growth, he's been dealing with diplomacy, he's been dealing with unfair trade, he's been dealing with Paris [climate agreement], he's been dealing with China. His agenda has been overflowing. He's been fully consumed with what's going on here.feedback

May 27 2017 - China

His views are evolving, he came here to learn and get smarter.feedback

May 26 2017

It was a very robust discussion.feedback

May 26 2017

I think his views are evolving. He came here to learn. He came here to get smart. His views are evolving which is exactly as they should be. His basis for a decision ultimately is going to be what's best for the United States.feedback

May 26 2017

The last levels we put out in the Paris agreement were levels that would be constraining to our economic growth. But then you get into the whole discussion on Paris, is it non-binding, is it not non-binding, can you change your levels, how easy is it to change your levels. Coal doesn't even really make that much sense anymore as a feedstock.feedback

May 26 2017

Can be a manufacturing powerhouse and still be environmentally friendly.feedback

May 26 2017 - Trump Presidency

I think he's leaning to understanding the European position. Look as you know from the U.S., there's very strong views on both sides. Both sides are running ads. So he knows that in the U.S., there's very strong opinions on both sides, but he also knows that Paris has important meaning to many of the European leaders. And he wants to clearly hear what the European leaders have to say.feedback

May 26 2017 - Trump Presidency

We will have a very robust discussion on trade and we will be talking about what free and open means.feedback

May 26 2017 - Trump Presidency

It's time for him to have an intimate discussion and understand their issues but, more importantly, for them to understand our issues.feedback

May 26 2017 - Trump Presidency

There was a lot of what I would call pushing and prodding, I think the president learned how important it is for the United States to show leadership. His views are evolving. He came here to learn. He came here to get smarter.feedback

May 26 2017 - Trump Presidency

If those things collide, growing our economy is going to win. He wants to understand how we can bring back manufacturing, bring back jobs, but still be environmentally friendly, but not have a restriction enforced upon us that makes absolutely no sense.feedback

May 26 2017 - German economy

He said they're very bad on trade, but he doesn't have a problem with Germany. He said his dad is from Germany.feedback

May 14 2017

The first thing we're going to do is we're going to permit an LNG export facility in the Northwest.feedback

May 02 2017 - Trump Presidency

We could be and should be the largest exporter of L.N.G. in the world.feedback

May 02 2017

This is a middle-class tax bill. We're eliminating the deductions that were added to the tax legislation over the years to favor the wealthy. The wealthy have deductions. Middle-income people and lower-income people don't have deductions.feedback

May 02 2017

The median income in the United States today is about $56,000. You take the $24,000 away from the $56,000, you've got taxable income of $32,000. At a 10 percent rate, that's $3,000 of tax.feedback

May 01 2017 - Trump Presidency

We're going to get the health care bill to the floor of the House, I'm very confident.feedback

May 01 2017 - Trump Presidency

This is going to be a great week.feedback

May 01 2017

We are going to cut taxes for businesses to make them competitive and we're going to cut taxes for the American people, especially low- and middle-income families.feedback

Apr 27 2017

We are going to double the standard deduction so a married couple wouldn't pay any taxes on the first $24,000 income they earn. So in essence, we are creating a zero tax rate – yes, a zero tax rate – for the first $24,000 that a couple earns.feedback

Apr 27 2017

This is quite an historic day for us, and one that we have been looking forward to for a long time.feedback

Apr 27 2017

We will be back to you with very firm details.feedback

Apr 26 2017

Homeownership, charitable giving and retirement savings will be protected, but other tax benefits will be eliminated.feedback

Apr 26 2017

In 2017, we are still stuck with a 1988 corporate tax. This isn't going to be easy. Doing big things never is. We'll be attacked from the left, we'll be attacked from the right. But one thing is certain. I would never bet against this president, he will get this done for the American people.feedback

Apr 26 2017

We know this is difficult. We know what we're asking for is a big bite.feedback

Apr 21 2017

The one place we're going to permit in the northwest, it's been turned down twice already.feedback

Apr 21 2017 - Japan

The first thing we're going to do is we're going to permit an LNG export facility in the northwest. Just think of the transport time from the northwest to Japan versus anywhere else. Then we've got to put facilities on the East Coast to get from the East Coast to Germany.feedback

Apr 20 2017

Using dynamic scoring may allow us to get to a permanent solution. We would like a permanent solution.feedback

Apr 13 2017

We are going to cut flight times down fairly dramatically. We are going to cut the experience down. We are going to cut tarmac time down.feedback

Apr 06 2017

He's spending an enormous amount of time on trade and taxes. Those are two big areas.feedback

Mar 17 2017

I'm going on to a spectacularly new challenge.feedback

Mar 15 2017

Unfortunately, we have no alternative but to reinvest in our military and make ourselves a military power once again.feedback

Mar 13 2017

We will see what the score is. In fact in the past, the CBO score has really been meaningless.feedback

Mar 13 2017

If you're on Medicaid, you're going to stay on Medicaid.feedback

Mar 13 2017 - Trumpcare

The people who are just above Medicaid but still have difficulty buying their own premiums will…have the ability to use [Health Savings Accounts] to pay for their…healthcare on a tax-advantaged basis.feedback

Mar 13 2017

This number reaffirms everything that we're trying to do.feedback

Mar 12 2017

We will see what the score is, in fact in the past, the CBO score has really been meaningless. They've said that many more people will be insured than are actually insured. But when we get the CBO score we'll deal with that.feedback

Mar 12 2017

We are offering coverage to everyone. If you are on Medicaid today, you're going to stay on Medicaid. If you are covered under an employee-sponsored plan, you're going to be continued to be covered under an employee-sponsored plan. If you fall into that middle group, we're going to provide tax credit so you can go out and buy a plan.feedback

Mar 12 2017 - Federal Reserve

The Federal Reserve is an independent agency and they operate as such. They have their economic data, which they look at and they are trying to always modulate economic growth with inflation, with the work force. I think the Federal Reserve has been doing a good job in doing that. The Fed will do what they need to do. And we respect the powers of the Fed.feedback

Mar 12 2017

Chris, we don't think so. If you're on Medicaid, you're going to stay on Medicaid.feedback

Mar 12 2017

If you're on Medicaid, you're going to stay. The expansion is not going to change. There is a roll-off period, there is a period of transition, and we're very confident that the period of transition is going to work.feedback

Mar 10 2017

We care about the deficit. We care about revenue. We're going to have to be revenue neutral over a 10-year period. Yes, we're going to be able to use dynamic scoring. We are working on a bunch of interesting ideas.feedback

Mar 10 2017

Clearly a good February is part of the number. When you look at what's ahead of us, what's built into the system, we have a huge backlog of hiring that we already know about. We're very excited about what's ahead of us.feedback

Feb 16 2017

We think it is a bad rule. It is a bad rule for consumers. … This is like putting only healthy food on the menu, because unhealthy food tastes good but you still shouldn't eat it because you might die younger.feedback

Feb 03 2017

The one thing I know for sure we're going to get to the right place.feedback

Feb 03 2017

Banks are forced to hoard money because they're forced to hoard capital and they can't take any risk. We need to get banks back in the lending business. That's our number one objective.feedback

Dec 14 2016

We're trying to solve it with domestic policy. It's not going to work.feedback

Dec 12 2016

We've withdrawn from some businesses and withdrawn from some opportunities out there in the world because we decided we shouldn't do that type of business because the brand and the reputation was too valuable.feedback

Dec 09 2016

We're all listening to what he's saying, we're all listening to what he's doing. We're all cautiously optimistic. We're waiting to see what happens. As we get more clarity, the markets will react.feedback

Dec 09 2016

It's the cumulative effect when you look at regulation. No one regulation by itself has had a bad effect. In fact, many of the regulations have had positive effects. It is the cumulative effect of many of the regulations that we put on the market community that have had an effect on the market.feedback

Dec 09 2016

I am building the case for rates going up for the right reasons. That said, I am concerned how much U.S. rates can dislocate from the rest of the world, and I think that's a big issue.feedback

Dec 09 2016

The reality of the world is we have a soaring dollar and the effects on that soaring dollar are just starting to be felt.feedback

Nov 15 2016

I do think that part of the regulation we've gone through has inhibited our ability to transmit that capital....On the other hand, remember U.S. banks today are the strongest banks in the world.... that's a huge competitive advantage for U.S. banks and I don't want to lose that.feedback

Nov 15 2016

As central banks start to flood the market with liquidity, we need to be able to transmit that into main street – to entrepreneurs... to small and medium-sized companies.feedback

Nov 15 2016

In an unclear environment, people did not want to own banks. People are starting to migrate toward those asset classes that they think may benefit.... banks are one of those. We're starting to see some rotation out of technology names where people were comfortable owning them, into bank names, into drug names, into industrial names.feedback

Nov 15 2016

We are part of a global monetary system today. And we've got many other major central banks around the world still with a zero interest rate policy, and quantitative easing. If we dislocate from other central banks around the world, we will see that in the value of the dollar. The question, to me, is, How strong can the dollar be until that starts having unintended consequences in the U.S. economy?feedback

Oct 07 2016

I don't think we're getting closer to the end.feedback

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