Wednesday, February 22, 2017

The Trump Administration’s First Gifts to Wall Street

http://billmoyers.com/story/trump-administrations-first-gifts-wall-street/
"What’s clear is that as the deregulatory process moves forward, the fox is guarding the henhouse. Despite his populist campaign rhetoric, President Trump is listening to Wall Street titans. His Cabinet is stocked with Goldman Sachs alumni who likely remember their former employer fondly. (Gary Cohn received a $285 million bonus when he graduated from bank COO to presidential adviser.) When it comes to regulating the banks, Trump believes there is “nobody better” to consult than the bankers themselves."