Lloyd Blankfein says politicians like Elizabeth Warren are moving from populism to demagoguery

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Lloyd Blankfein says politicians like Elizabeth Warren are moving from populism to demagoguery
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Goldman Sachs senior chairman Lloyd Blankfein says that he agrees with Sen. Warren on some policy issues, but that “we shouldn’t have unworkable, demotivating kinds of taxes that will achieve equality by reducing everybody’s level of wealth.”

Lloyd Blankfein said Tuesday that politicians like 2020 Democratic presidential candidate Sen. Elizabeth Warren are moving away from "populism" toward "a kind of demagoguery."

"I used to be kind of a moderate Democrat and now, without having moved anything, I've become like a – in their eyes, kind of a right-winger because I don't want to blow up the financial system," Blankfein said on CNBC's "." He was also referring to Sen. Bernie Sanders, Warren's fellow progressive and presidential candidate.

"Vilification of people as a member of a group may be good for her campaign, not the country," Blankfein tweeted., that "maybe tribalism is just in her DNA."

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