Statement From Lloyd Blankfein, Chairman and Chief Executive Officer of The Goldman Sachs Group, Inc.

"Gary Cohn and I have been partners for more than 25 years, so I know better than perhaps anyone that he has the intelligence, commitment, and experience to be successful at any endeavor he undertakes. We will miss Gary at Goldman Sachs, but I believe the American people and the President-Elect are fortunate that he has chosen to serve his country. I am confident that Gary will bring his many talents and expertise to the White House and will do his part to make our economy stronger for all Americans."