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Gary Cohn Earns $30,000 a Year on Trump's Staff of Millionaires

  • Several wealthy executives at White House take low or no pay
  • Gender gap at the top salary tier is greater than under Obama
Gary Cohn, director of the U.S. National Economic Council.

Gary Cohn, director of the U.S. National Economic Council.

Photographer: Andrew Harrer/Bloomberg

Some of the business and finance executives who left multimillion-dollar jobs to work for President Donald Trump now earn less than the average school teacher, according to White House salary data released Friday.

Gary Cohn, the former Goldman Sachs Group Inc. president, now earns $30,000 a year as Trump’s top economic adviser, after leaving his former employer with more than $284 million available in bonuses, stock holdings and other investments. Trump’s daughter, Ivanka Trump, and his son-in-law, Jared Kushner, both senior advisers to the president, do not take a salary. Financial disclosures show the two have assets valued in the hundreds of millions of dollars.