Trump Drains Yet Another Big Wall Street Gator Into His White House Swamp

December 12, 2016
Patrick Bourke US


SDonald Trump was many things to many people during the course of the recent election campaign. However, the one thing that most people can agree on is that his success rested, for the most part, on being different than the rest, an outsider if you will. The president-elect has doubled down on this anti-establishment rhetoric since his election victory claiming time and again that he would eradicate corruption in politics by draining out all the political insiders. The thing is, since his election he has done the exact opposite and this is articulated again with his most recent appointment. When it comes to Trump’s swamp, it appears that a wall street gator has more of a chance of being drained in than flushed out.

Which Wall Street Gator Will Trump Drain Into The White House Today?




The Wall Street gator in question on this occassion is Gary Cohn. The second in command at Goldman Sachs and the latest member of the Wall Street banking firm to be appointed to Trump’s White House team. Cohn, who is a twenty-five year veteran of the bank, has been tasked with heading up Trump’s National Economic Council (NEC) and will join Steve Mnuchinwho was recently appointed to the cabinet positon of Tresuary Secretary. Mnuchin is a former partner of Goldman Sachs who spent almost two decades at the bank ammassing a massive 46 million dollars in the process. Both Cohn and Mnuchin will join perhaps the greatest Goldman Sachs influence in Trump’s team; Steve Bannon. Bannon, a former merger and acquisitions banker with Goldman Sachs was named as Trump’s chief strategist following his vital role in Trump’s election success.

Like Mnuchin, Cohn is being heralded by Trump as someone whose business and banking acumen will play a pivotal role in his new administration. A declaration that if taken in isolation could be viewed as somewhat genuine. However, it would be negligent in the extreme to try and view Trump’s relationship with Wall Street and, in particular, Goldman Sachs with anything approaching isolation. He used Ted Cruz and Hillary Clinton’s association with the bank as a political weapon throughout both the republican primaries and the presidential election and even directly cited the bank in his eve of poll video. A vdeo that squarely attacked the relationship between Wall Street and Washington D.C.

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