President Trump touted economic adviser Gary Cohn at an Iowa rally Wednesday night, praising the Goldman Sachs alum for his management of the economy despite Trump's history of attacking former Democratic presidential nominee Hillary Clinton Hillary Diane Rodham ClintonBloomberg rolls out M ad buy to boost Biden in Florida Hillicon Valley: Productivity, fatigue, cybersecurity emerge as top concerns amid pandemic | Facebook critics launch alternative oversight board | Google to temporarily bar election ads after polls close Trump pledges to make Juneteenth a federal holiday, designate KKK a terrorist group in pitch to Black voters MORE over her ties to the company during the 2016 campaign.

"We have Gary Cohn, who is the president of Goldman Sachs," Trump told the crowd, pointing to Cohn in the front. "He's the president of Goldman Sachs. He had to pay $200 million dollars in taxes to take the job, right?" Trump continued. "So, somebody said, 'Why did you appoint a rich person to be in charge of the economy?' "

"I said, 'Because that's the kind of thinking we want,' " Trump added. "Because they're representing the country. They don't want the money, they're representing the country."

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"They had to give up a lot to take these jobs," Trump continued. "They gave up a lot. When you get the president ... this is the president of Goldman Sachs. Smart. Having him represent us, he went from massive paydays to peanuts."

"These are people who are great, brilliant business minds, and that's what we need, that's what we have to have so the world doesn't take advantage of us," Trump said.

"And I love all people, rich or poor," Trump added. "But, in those particular positions, I just don't want a poor person. Does that make sense?"

During the 2016 campaign, Trump attacked Clinton for her ties to Goldman Sachs and Wall Street. In an ad two days before the election, Trump attacked Clinton for her connections to Wall Street and the "corrupt political establishment."

Watch the full ad below: