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CousinIT

(9,248 posts)
Fri Feb 3, 2017, 06:30 PM Feb 2017

Trump does Wall Streets bidding, betraying campaign promises

. . .Clinton, Trump said, is “nothing more than a Wall Street puppet.” Her campaign is “paid for by her bosses on Wall Street,” he added. The public was told that Clinton is “owned by Wall Street,” “is in [the] pocket of Wall Street,” and is “bought and paid for by Wall Street.”

As it turns out, Trump magically transformed soon after winning the election, tapping industry insiders to help run his administration, and even inviting a Wall Street insider to oversee Wall Street. Today, the new president is going even further, delivering on one of the financial industry's top policy priorities.

President Donald Trump on Friday plans to sign an executive action that establishes a framework for scaling back the 2010 Dodd-Frank financial-overhaul law, part of a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis.
Mr. Trump also plans another executive action aimed at rolling back a controversial regulation scheduled to take effect in April that critics have said would upend the retirement-account advisory business.

The news comes by way of White House National Economic Council Director Gary Cohn, who also happens to be the former president and chief operating officer of Goldman Sachs -- one of several Goldman vets Trump brought onto his team, despite railing against the finance giant during the campaign.


http://www.msnbc.com/rachel-maddow-show/trump-does-wall-streets-bidding-betraying-campaign-promises/amp
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Trump does Wall Streets bidding, betraying campaign promises (Original Post) CousinIT Feb 2017 OP
I'm shocked! putitinD Feb 2017 #1
Brace yourself... royable Feb 2017 #2
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