Recode Decode: Gary Cohn

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.3 • 3.2K Ratings

🗓️ 25 October 2019

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Gary Cohn, the former Director of the National Economic Council and former chief economic adviser to President Trump, talks with Recode's Kara Swisher about what he's done since leaving the Trump administration, including a "significant" investment and advisory position he's taken up in a mobile security company called Hoyos Integrity. Cohn explains how Hoyos is developing a more secure phone for people who deal in confidential information, such as government workers; how it's trying to advance digital wallets as an alternative to credit cards in the US; and the political backlash to Facebook's Libra cryptocurrency. Cohn, who's also the former president and chief operating officer of Goldman Sachs, also talks about the powerful tech companies that went public during his tenure there, how private investors are over-valuing companies like WeWork before they are profitable, and why he doesn't think a recession is coming. Plus: How he feels about the way his former boss Trump uses Twitter. Featuring: Gary Cohn, investor and adviser to Hoyos Integrity (@HOYOSINTEGRITY) Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hi, I'm Cara Swisher, Editor-at-large of Recode.
0:03.4	You may know me as someone who thinks Donald Trump only likes trade wars because his hands
0:06.7	are too small to win a thumb war, but in my spare time I'm just a reporter and you're
0:10.1	listening to Recode decode, a podcast about power change and the people you need to know
0:14.3	around the tech industry.
0:16.1	We're part of the Vox Media podcast network today and the red chair is Gary Cohen, the
0:20.4	former chief economic adviser to President Trump.
0:23.3	Before that, he was better known for being President and Chief Operating Officer of Goldman
0:27.4	Sachs from 2006 to 2017, also perhaps for people who don't know this.
0:33.2	He's also a registered Democrat.
0:34.6	Anyway, Gary, welcome to Recode decode.
0:36.6	Cara, thank you so much for having me.
0:38.0	I'm excited to be here.
0:39.0	We have so much to talk about and I know you don't want to talk too much about Trump.
0:41.8	We are at the end.
0:42.8	I'm going to talk about your tenure there.
0:44.6	But let's talk about what you're, and we just talked about, which is a really interesting
0:48.5	conversation about a new thing.
0:49.8	Since you left the Trump, when did you leave the Trump administration?
0:52.7	It seems like a hundred years ago.
0:56.7	April of 18.
0:58.9	After the text.
	...

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