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Wall Street

DNC Response to Reports of Larry Kudlow Being Named Chair of the White House Council of Economic Advisers

“It would be hard to pick someone more at odds with Trump’s campaign promise to ‘drain the swamp.’ A bureaucrat-turned-Wall-Street-banker, Kudlow thought that the massive Bush tax cuts for the rich were actually too liberal, and wants to abolish corporate taxes altogether – leaving hardworking families to pick up the tab. He pooh-poohed recession concerns for years as the crisis grew, and as late as…

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Trump picks ANOTHER Goldman Sachs Exec for Administration

For Immediate Release December 9, 2016 Contact: DNC Press- dncpress@dnc.org   Trump picks ANOTHER Goldman Sachs Exec for Administration “When Trump said ‘drain the swamp,’ he really meant ‘appoint a bunch of Goldman Sachs bankers.’ Gary Cohn is the third Goldman Sachs figure to join Trump’s team, and he joins an administration stacked with the same Wall Street bankers and Washington insiders that…

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Representatives Price and Adams Respond to Trump’s Fayetteville Rally

Trump’s Transition is Not Prioritizing North Carolina Jobs, Protecting Medicare, or “Draining the Swamp” FAYETTEVILLE, NC – Representatives David Price (D-NC) and Alma Adams (D-NC) responded to Trump’s rally in Fayetteville, N.C. this evening. It hasn’t even been a month since the election, and Donald Trump is already abandoning the promises he made on the campaign trail. Instead of “draining the…

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Trump’s Already Broken Promises Made to North Carolinians

Trump’s Transition is Not Prioritizing North Carolina Jobs, Protecting Medicare, or “Draining the Swamp” “It hasn’t even been a month since the election, and Donald Trump has already broken a major promise to voters. Instead of ‘draining the swamp,’ Trump is bringing the worst of Wall Street and Washington into his administration – hedge fund managers, Wall Street bankers, lobbyists, and…

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Fill that Swamp! Fill that Swamp!

  Fill that Swamp! Fill that Swamp! Despite running on a pledge to “drain the swamp,” Trump has turned to his billionaire friends who want to cut taxes for the wealthy, slash jobs, and gut regulations to prevent Wall Street from wrecking the economy again. His latest Cabinet picks are Wall Street billionaires who made their fortunes buying bankrupt companies…

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DNC Statement on Trump Nominating Steve Mnuchin for Treasury Secretary

“So much for draining the swamp. Nominating Steve Mnuchin to be Treasury Secretary  – a billionaire hedge fund manager and Goldman Sachs alumnus who preyed on homeowners struggling during the recession – is a slap in the face to voters who hoped he would shake up Washington. Trump is already heading into office as the most corrupt, conflicted, and unpopular president-elect…

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