GOLDMAN SACHS CEO: 'The declared policies of Mr. Trump' are 'a good thing'

Goldman Sachs CEO may not have voted for President-elect Donald Trump, but he is ready to give him the benefit of the doubt.

"Mr. Trump may turn out to be a much better president than anyone else might have been in that place," Blankfein said in an interview with the German newspaper Handelsblatt.

"He's a very smart guy, a businessman ...I am not pessimistic at all because he won."

Blankfein supported Trump's rival, Democratic nominee Hillary Clinton, in the election, and donated to her campaign in 2008.

"I think her positioning, not only in terms of her ideology, but what I regard as a pragmatism that I saw demonstrated when she was our senator and in earlier stages of her political career when she could cross the aisle and engage other people to get things done, I admire that," Blankfein said in a CNN interview in October.

See Trump's official picks for cabinet and administration positions:

Trump's official picks for Cabinet and administration positions
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Trump's official picks for Cabinet and administration positions

Counselor to the President: Kellyanne Conway

REUTERS/Joshua Roberts

Veterans Affairs Secretary: David Shulkin

(Photo credit DOMINICK REUTER/AFP/Getty Images)

Transportation secretary: Elaine Chao

(Photo By Bill Clark/CQ Roll Call)

Energy secretary: Rick Perry

(Photo credit KENA BETANCUR/AFP/Getty Images)

Secretary of State: Rex Tillerson

 REUTERS/Daniel Kramer

Secretary of Defense: Retired Marine General James Mattis

(Photo by Samuel Corum/Anadolu Agency/Getty Images)

Chief of staff: Reince Priebus

(JIM WATSON/AFP/Getty Images)

Chief strategist: Steve Bannon


Attorney General: Senator Jeff Sessions

(Photo By Bill Clark/CQ Roll Call)

Director of the CIA: Kansas Rep. Mike Pompeo

(Photo By Bill Clark/CQ Roll Call)

Deputy national security adviser: K.T. McFarland

(Photo by Michael Schwartz/Getty Images)

White House counsel: Donald McGahn

(Photo by Drew Angerer/Getty Images)

Ambassador to the United Nations: South Carolina Gov. Nikki Haley

(Photo by Astrid Riecken For The Washington Post via Getty Images)

Education secretary: Betsy DeVos

(Photo By Tom Williams/CQ Roll Call)

Commerce secretary: Wilbur Ross

(Photo by Andrew Harrer/Bloomberg via Getty Images)

Homeland security secretary: General John Kelly

(Photo by Drew Angerer/Getty Images)

Housing and urban development secretary: Ben Carson

(Photo credit NICHOLAS KAMM/AFP/Getty Images)

Administrator of Environmental Protection Agency: Oklahoma Attorney General Scott Pruitt

(Photo by Spencer Platt/Getty Images)

Health and human services secretary: Tom Price

(Photo by Alex Wong/Getty Images)

Department of Homeland Security: Retired General John Kelly

(REUTERS/Joshua Roberts)

Secretary of agriculture: Sonny Perdue

(BRYAN R. SMITH/AFP/Getty Images)

"It stands out a little today — that kind of willingness to engage and compromise, but let's just stop at engage — that willingness to engage is a scarcer commodity these days."

But now he says he's going to give Trump a chance.

"If there are policies that are more stimulative, our fortunes rise along with that. ... The declared policies of Mr. Trump are therefore a good thing," he told Handelsblatt.

The Wall Street executive also said he would consider joining the administration, according to the interview, though he has not been approached by Trump's transition team.

Trump appointed former Goldman Sachs banker Steven Mnuchin Treasury secretary last month, and Steve Bannon, his incoming chief strategist, is also a Goldman Sachs alum. The president-elect is also reportedly considering Goldman Sachs COO and President Gary Cohn for a role in the administration.

Goldman Sachs shares are up 30% since Trump's victory on November 8.

Read the full interview in Handelsblatt»

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