Trump picks Goldman Sachs president to head National Economic Council

Baton Rouge, Louisiana, was for the third stop for President-elect Donald Trump’s “Thank you” tour. He used it to stump for the state's Republican Senate candidate, who faces a runoff on Saturday. Also, the Trump team announced that Rep. Cathy McMorris Rodgers (R-WA) is the choice for secretary of the interior and that Goldman Sachs president Gary Cohn will head the National Economic Council.

Read the Full Transcript


    The president-elect has been out and about again today, taking his victory celebration to two more states. At the same time, he's mulling more names for his administration.

    Baton Rouge, Louisiana, was this afternoon's destination for the Trump "thank you" tour. He used it to stump for Republican John Kennedy in a U.S. Senate runoff election tomorrow.

    DONALD TRUMP (R), President-Elect: If you go to the polls, he's going to win. If you don't go to the polls, he's not going to win. And if he doesn't win, I have got myself a problem in Washington, because we have — it's pretty close.


    A Kennedy win would give the GOP 52 seats in the Senate next year.

    Mr. Trump also met today with the leader of the Republican House majority, Speaker Paul Ryan, before leaving New York.

    REP. PAUL RYAN, Speaker of the House: We had a great meeting to talk about our transition. We're very excited about getting to work and hitting the ground running in 2017 to put this country back on track.


    With that in mind, the president-elect is pressing to fill out his Cabinet. According to reports today, Representative Cathy McMorris Rodgers of Washington state is the choice for secretary of the interior, and the president of investment bank Goldman Sachs, Gary Cohn, will head the National Economic Council. He would be the third Goldman alumnus in a top Trump administration post.

    But former New York Mayor Rudy Giuliani removed himself from consideration for any post. He said he wasn't interested in anything other than secretary of state.


    I'm here today for one main reason: to say thank you to the great, great people of Iowa.



    Last night, in Des Moines, the president-elect appeared with his pick for ambassador to China, Iowa Governor Terry Branstad.


    With Terry on our side, I know we will succeed in bringing our jobs back. And I also know that China, who's been so tough and so competitive, and, frankly, dealing with people that didn't get it, but I will tell you what, we're going to have mutual respect.


    Meanwhile, Mr. Trump indicated today he may ban Pentagon officials who work on weapons programs from ever taking jobs with military supply companies.

    Tonight, the president-elect's focus is on Grand Rapids, Michigan, the fourth stop on his so-called thank you tour.

    Also today, final figures showed the Trump campaign raised about $340 million for the primaries and the general election. Hillary Clinton raised $580 million.

Listen to this Segment