Solomon previously moonlighted as a disc jockey under the moniker DJ D-Sol. In 2022 he played at Lollapalooza, the four-day music festival in Chicago, alongside acts including Metallica, Dua Lipa and Green Day.
However, he gave up his DJing hobby in 2023 after he attracted criticism following a downturn in profits at Goldman.
David Solomon, who moonlights as a DJ, is one of Wall Street’s highest-profile CEOs.Credit: Instagram
Goldman Sachs declined to comment on the Trump post.
In a separate post on Tuesday, Trump threatened to sue the chairman of the US Federal Reserve hours after official data showed inflation steady at 2.7 per cent.
The US president said he was considering allowing a “major lawsuit” against Jerome Powell over his handling of the renovation of some of the central bank’s buildings.
He blamed the Fed chairman for “the horrible, and grossly incompetent, job he has done in managing the construction of the Fed buildings”.
He wrote on Truth Social: “Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good!”
Tensions escalated between the two men in July when Trump visited the “very expensive” renovation work at the US central bank.
In footage broadcast live, Mr Powell openly disagreed with the US president after he declared new figures had “just come out” suggesting the cost of renovating some buildings at the Fed had climbed from $US2.7 billion to $US3.1 billion ($4.1 billion to $4.8 billion).
His attempt to blind side the Fed chairman backfired when Powell issued a stern rebuttal, as he quickly identified that the White House had included works previously done to another building several years earlier.
The headquarters of Goldman Sachs in New York. The bank issued a note on Monday warning that American companies had so far swallowed the impact of tariffs but would slowly pass on cost increases to consumers.Credit: Bloomberg
Trump on Thursday also attacked the Fed chairman for being “too late” to cut interest rates, which he said had done “incalculable” damage to the American economy.
The latest update in the row came as official figures showed US inflation rose at a slower pace than expected last month.
The US consumer prices index was 2.7 per cent in June, according to figures by the Bureau of Labor Statistics (BLS) – better than analyst expectations of 2.8 per cent.
Trump recently became embroiled in a row with the BLS, sacking its top statistician earlier this month after official data showed a sharp slowdown in the US jobs market. The president claimed that Erika McEntarfer had “rigged” jobs data “in order to make a great Republican success look less stellar”.
Trump on Tuesday nominated EJ Antoni, an economist from the Heritage Foundation, a Right-wing think tank, to take over the post.
Just hours after his appointment, Antoni said he would suspend monthly publication of the jobs data and move to quarterly statistics claiming that there were concerns over the accuracy of the data.
He told Fox Business: “How on earth are businesses supposed to plan – or how is the Fed supposed to conduct monetary policy – when they don’t know how many jobs are being added or lost in our economy? It’s a serious problem that needs to be fixed immediately.
“Major decision-makers from Wall Street to DC rely on these numbers, and a lack of confidence in the data has far-reaching consequences.”
Loading
Responding to Antoni’s appointment, Julian Jessop, a fellow at the UK’s Institute of Economic Affairs, called the new head of the BLS “a running joke among other economists for his ignorance of basic statistics”.
Telegraph, London
The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning.
