Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(108,034 posts)
Sun Feb 5, 2017, 03:15 PM Feb 2017

Extreme Vetting, But Not for Banks. Trump proves he is a tool for Wall Street after all.

Donald Trump, the man who positioned himself as the common man's shield against Wall Street, signed a series of orders today calling for reviews or rollbacks of financial regulations. He did so after meeting with some friendly helpers.

Here's how CNBC described the crowd of Wall Street CEOs Trump received, before he ordered a review of both the Dodd-Frank Act and the fiduciary rule requiring investment advisors to act in their clients' interests:

"Trump also will meet at the White House with leading CEOs, including JPMorgan's Jamie Dimon, Blackstone's Steve Schwarzman, and BlackRock's Larry Fink."

Leading the way for this assortment of populist heroes will be former Goldman honcho Gary Cohn, now Trump's chief economic advisor.

Dimon, Schwarzman, Fink and Cohn collectively represent a rogues gallery of the creeps most responsible for the 2008 crash. It would be hard to put together a group of people less sympathetic to the non-wealthy.

http://www.rollingstone.com/politics/features/extreme-vetting-but-not-for-banks-w464966?utm_source=newsletter&utm_medium=email&utm_content=daily&utm_campaign=020517_10

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Extreme Vetting, But Not for Banks. Trump proves he is a tool for Wall Street after all. (Original Post) Yo_Mama_Been_Loggin Feb 2017 OP
Great point of comparison. BSdetect Feb 2017 #1
Latest Discussions»General Discussion»Extreme Vetting, But Not ...