If the speculation bears out and the White House's chief economic advisor, Gary Cohn, a Goldman Sachs alum, were to become the next Federal Reserve chairman, the Trump administration would be gaining a steady hand at the central bank, but perhaps losing support from one of Wall Street's most influential firms, veteran banking analyst Chris Whalen told CNBC on Tuesday. "If you see Cohn go to the Fed, to me, that's an escape path for him and that means that Goldman has given up on the Trump administration," said Whalen, a former New York Fed official whose father was an advisor to past Fed Chairman Alan Greenspan. ... (full story)