The chief executive of Goldman Sachs said Monday that one of the reasons he started tweeting, which include criticisms of President Donald Trump, is “to be the champion of our people.”
“The other thing I’ll comment on is when things really affect the ability of our people to be who they are and to do their job and to be effective as professionals,” Blankfein said in an interview with CNBC’s Jim Cramer. “And that’s got the LGBT, the immigrant ban, so that people couldn’t move around with their spouses when they have had a passport for another country. So I commented on those issues because, really, I kind of have to be the champion of our people.”
In just his fourth ever tweet from his official account, CEO Lloyd Blankfein appeared to make a pithy slight at Trump earlier in June while FBI Director James Comey was providing testimony to the Senate.
Just landed from China, trying to catch up…. How did “infrastructure week” go?
— Lloyd Blankfein (@lloydblankfein) June 9, 2017
Blankfein seems to have been taking a jab at Trump for becoming intertwined in corruption investigations, subsequently diverting the public’s attention away from infrastructure during a week where that topic was supposed to be the focus.
Another reason Blankfein says he is starting to engage more on social media is because the financial crisis of 2007-2008 caused them to be unduly vilified by the public.
“Nobody knew anything about what Goldman Sachs did,” Blankfein continued, according to CNBC. “And I said, ‘If this ever happens again, I’m not going to allow there to be a vacuum about what we’re like. I’m going to communicate to the world more of what we do.'”
Blankfein says before the advent of Twitter he was forced to convey Goldman Sach’s endeavors, values and goals through mundane and oft-overlooked press releases.
While his criticisms are not personal or vitriolic in nature, Blankfein joins other notable public figures and companies in voicing their opinions of Trump and his administration’s policies. (RELATED: Facebook Tells Employees They Can Protest Trump)
An Uber executive, for example, called Trump a “deplorable person” in a passionate email sent to colleagues following the 2016 presidential election. Eric Schmidt, the executive chairman of Google’s parent company, Alphabet, reportedly told employees in January that Trump and his administration are going to do “evil things.” (RELATED: Trump Wants To Work With Tech CEOs, But Who Will Be Willing?)
A high-level employee for Facebook announced in February that her and others at the social media firm are boycotting air travel over Trump’s executive order restricting immigration. The social media company also announced in January it was hiring a former CNN anchor who condemned Trump on Twitter on several occasions.
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