Trump on Tuesday called for Goldman Sachs CEO David Solomon to replace the bank’s top economist over past predictions on tariffs and the economy, according to The Wall Street Journal. Trump wrote on Truth Social that Solomon should “get himself a new Economist” because Goldman Sachs made a “bad prediction” on the market and tariffs. He claimed tariffs have not caused inflation or other economic problems. The comments appeared aimed at Jan Hatzius, Goldman’s longtime chief economist. He is well-known on Wall Street for forecasting in 2008 that mortgage defaults could lead to a severe recession. Hatzius' team recently reported U.S. consumers could absorb up to 67% of tariff costs over time, aligning with other economists’ views.
