It doesnt create more jobs for americans. He claimed that he wasnt going to let wall street get away with murder and he said he was going to drain the swamp. Great talk. Then he got to washington. He put together a team of people who had spent deducts as decades at big banks and large corporations, people who are determined to tilt the Playing Field in favor of wall street and against working families. You dont need to look very far to see it. His most senior Economic Advisors, treasury secretary steven mnuchin, National Economic Council Director gary cohn and dean in a powell. Together those three have spent nearly a half a century combined working for Goldman Sachs. When it comes to our economy, this isnt the Trump Administration, this is the Goldman Sachs administration. Now President Trump has lined up another top Economic Advisor, kevin hassett, who has been nominated to serve as the chairman of the president s council of Economic Advisors. Mr. Hassett hasnt worked at Goldman Sach
legislative priority. brown along with a few other republicans voted for the senate s version of wall street reform earlier. but when the conference committee added in a $19 billion tax on the largest hedge funds and banks, he balked. now, keep in mind, this $19 billion fee was to make sure the reform bill didn t increase the deficit, take note deficit hawks and it also had the added benefit of providing a disincentive for financial institutions to grow too big. brown, however, said he wouldn t support it. so yesterday, the conference reconvened and they got rid of the tax replacing the money with some funds taken from remaining t.a.r.p. money and higher fdic bank fees. okay, let s be clear what just happened. the t.a.r.p. money is taxpayer money. it s not some magical golden lamp that spitz out doubloons. what brown has succeeded in doing is transferring the burden of paying for reform from the big banks and hedge funds to you, the citizen. writing for the atlantic david inv