Goldman Sachs COO Gary Cohn talks on the phone as he waits for the start of a meeting with President-elect Donald Trump at Trump Tower, Tuesday, Nov. 29, in New York. | AP Photo Trump seen close to naming Goldman’s Cohn to top economic post

President-elect Donald Trump is close to naming Goldman Sachs President Gary Cohn to a senior position on his economic team, possibly as director of the National Economic Council, people familiar with the matter said.

Cohn, the No. 2 executive at Goldman, has met with Trump at least three times, including on Thursday, the people said.

He has been up for several top jobs under Trump, including potentially budget director. But the talks have lately focused on the NEC, which helps direct White House economic policy.

Cohn, an Ohio native who has donated to members of both parties, joined Goldman in 1990 and became head of the bank’s powerful fixed-income currency and commodities division, known as FICC, in 2002. He became president and co-chief operating officer in 2006.

Cohn has been waiting for several years to succeed Lloyd Blankfein as CEO of Goldman, something that became less likely when the chief executive returned from fighting cancer and suggested he has no plans to leave in the near future.

In meetings with Trump, people familiar with the matter say Cohn impressed the president-elect with his ideas for how to fund infrastructure spending. The Goldman president is also friendly with Trump’s influential son-in-law, Jared Kushner.

But for some Democrats and financial reformers, Cohn’s selection is another sign that Trump will lean too heavily on Wall Street – especially Goldman – and will support gutting the 2010 Dodd-Frank financial reform law.

“When Trump said ‘drain the swamp,’ he really meant ‘appoint a bunch of Goldman Sachs bankers,'” DNC spokesman Eric Walker said in a statement on Friday. “Gary Cohn is the third Goldman Sachs figure to join Trump’s team, and he joins an administration stacked with the same Wall Street bankers and Washington insiders that Trump railed against during the campaign.”

