Goldman Sachs CEO David Solomon said that he expects that political discussions will target banks in the coming U.S. presidential election.
“I think the tone in Washington as we come into an election will be edgy with respect to our industry,” Solomon said during a financial industry conference Tuesday.
“There’s obviously a lot of political divide with respect to the role financial institutions play,” said Solomon, who took over at New York-based Goldman Sachs in October. “There’s a lot of social issues that will get a lot of debate. In some way, shape or form, I think financial institutions will take some noise and some focus in that discussion.”
“It’s something we in the industry will live with as we watch the political process unfold,” he said.