Several beautifully wrapped up huge packages, some of which I peeked at in an earlier post. But Trump is the gift that keeps on giving.
Here is Steven Mnuchin (hold your nose and sneeze to get that said), a Wall Street insider, who is Trump's pick for the Treasury Secretary:
Mnuchin is a Wall Street veteran who spent nearly 20 years at Goldman Sachs before starting his own hedge fund, Dune Capital. He leapt into the banking industry when he led a group of investors in the purchase of lender, IndyMac, during the financial crisis. That bank was eventually bought by CIT.Mnuchin is planning to relax those awful regulations which keep the financial industry from happily gambling the world into another Great Recession!
His financial industry experience has heartened Wall Street insiders, but left some Democratic lawmakers and progressive groups crying foul. Mnuchin "made himself enormously wealthy by cashing in on the country's financial collapse," Take on Wall Street, a progressive group calling for Wall Street reform, said in a statement.
You know gallows humor? Well, that's what makes me giggle right now, because Trump repeatedly preached about crooked Hillary and her Wall Street connections in his rallies, and then there is this, from the donaldjtrump.com, posted before the elections, I presume:
Hillary Clinton talks a big game on lending a helping hand to regular Americans, but her revenue stream suggests that she’s actually holding her hands out to big banks on Wall Street. Over the years, the Democratic nominee has accepted $3 million in paid speeches and $17 million in campaign contributions. Collectively, it is estimated that the Clintons have pulled in around $69 million in political contributions from Wall Street.
But the Clinton corruption didn’t stop at wads of Wall Street cash and big bank-friendly policy. Individuals from Wall Street and Big Tech were also rewarded with positions in Bill Clinton’s White House. The Clinton cartel has been auctioning influence in Washington for decades, and the starting bid has only increased over the years.
Bolds are mine.
PS This Fortune article points out that Mnuchin will be the 77th white man to run the Treasury. Here is the list of the previous guys. Fun stuff.