Wall Street Poised To Take Lead On Trump Bailout

SEE: Bloomberg, 3/21: Mnuchin Courts Goldman Advisers to Oversee $200 Billion Bailout

The Trump administration is reportedly looking to call on Wall Street executives from firms including Goldman Sachs to assist the administration in overseeing over $200 billion in bailout packages to soften COVID-19’s economic impact on the country.

Derek Martin, director of Allied Progress, released the following statement:

“The Trump administration cleaned house of experts, so now they’re forced to bring in Wall Street bankers to help guide them through the COVID-19 crisis. Banks like Goldman Sachs brought the American economy to its knees during the last crisis. If the big banks are running the show, hard working Americans will be left behind.”

###

Close

SITE ARCHIVED

Allied Progress is now Accountable.US. This website will no longer be updated and has been permanently archived. For the latest accountability and transparency updates, please visit us at Accountable.US.