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Gary Cohn: Tech giants should be regulated as "data companies"

Recode Decode

October 25, 2019

74 minutes

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

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