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.”



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