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American investment bank
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. It was founded in 1869 and is headquartered in the Battery Park City neighborhood of Manhattan in New York City, with offices in many financial centers worldwide. Goldman Sachs is one of the largest investment banks by revenue. It is ranked 32nd on the Fortune 500 and 19th on the Forbes Global 2000. It is considered a systemically important financial institution by the Financial Stability Board.
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Washington is threatening to cut off diesel exports to France and Germany unless they drain 120 million barrels from emergency reserves, but the official wielding that threat already said the tool is broken.
The president has floated the idea as a way to lower costs. In the long term, that strategy may backfire.