Jan 30 2017
Business News | Mon Jan 30, 2017 | 9:24am EST
Goldman Sachs CEO says bank does not support Trump travel ban
Goldman Sachs Group Inc (GS.N) CEO Lloyd Blankfein told employees that President Donald Trump's order to halt arrivals from seven Muslim-majority countries was not a policy the bank endorsed, according to a source familiar with the matter. "This is not a policy we support, and I would note that it has already been challenged in federal court, and some of the order has been enjoined at least temporarily," Blankfein told employees in a voicemail on Sunday.
Blankfein said Goldman Sachs would work to minimize potential disruptions to employees and their families caused by Trump's order, according to a transcript seen by Reuters. Most U.S. corporate bosses have stayed silent on Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House.