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Financial Times: Gary Cohn Quits Goldman to Head Trump’s National Economic Council
Karl Frisch, head of the non-profit Allied Progress, recently said that the move to tap Mr Cohn was “further proof he doesn’t plan on keeping his word with workers”.
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Financial Times: Goldman’s Cohn in Frame for Trump Economic Role
The prospect of Mr. Cohn joining Mr. Trump’s administration prompted immediate criticism from opponents of the president-elect, who has vowed to “drain the swamp” in Washington. It “is further proof he doesn’t plan on keeping his word with workers,” said Karl Frisch, executive director of the non-profit group Allied Progress.
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Reuters: Trump to Name Goldman Executive to Key Economic Post
The abundance of Wall Street faces on his team exposes Trump to criticism he is veering away from pledges to protect American workers from powerful interests. “Gary Cohn’s bank helped cause the 2008 financial crisis (and) he shouldn’t have anything to do with America’s economic policies,” said Karl Frisch, executive director of Allied Progress, a left-leaning nonprofit group.
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Broadcasting & Cable: CWA Has Troubles With Puzder for Labor Secretary
“With Andy Puzder’s nomination it is becoming even clearer that President-elect Trump’s appetite for helping hard working Americans was nothing more than campaign rhetoric and that his hunger for fast food extends far beyond his diet but to his cabinet as well,” agreed Allied Progress executive director Karl Frisch.
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Newsweek: Public Thinks President-elect Is Too Close to White Nationalist Groups
Again, criticism of Trump’s pick was quick to emerge. Karl Frisch, executive director of Allied Progress, a Washington, D.C.-based nonprofit group that focuses on special interests, called it “bad decision-making on steroids” and claimed that McMahon “is far more interested in looking out for her own bottom line than the well-being of her employees.”
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Morning Consult: Trump to Pick Fast Food Executive Puzder to Lead Labor Dept.
“The Secretary of Labor should actually care about workers. Instead Andy Puzder has shown them nothing but contempt,” said Karl Frisch, executive director of the left-leaning advocacy group Allied Progress, in a statement.
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Politico: Dems to Unload on Mnuchin
Allied Progress’ Karl Frisch: “With his selection of former Goldman Sachs banker Steven Mnuchin to run Treasury and billionaire businessman Wilbur Ross to run Commerce, President-elect Trump has broken his promise to stop the ‘rigged’ system. He has instead sided with the Wall Street insiders, K Street lobbyists, and corrupt politicians that conspire to help each other rather than the hardworking men and women of this country.”
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American Banker: Mnuchin Pick for Treasury May Signal Moderate Approach to Reform
Karl Frisch, executive director of the progressive group Allied Progress, slammed Trump for picking a “man who worked at Goldman Sachs – one of the banks responsible for the 2008 financial crisis — to run Treasury, the very government agency responsible for steering our country away from such economic disasters.”
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Reuters: U.S. Consumer Agency Seeks Full Court Review of Ruling Against Its Structure
“This is an important first step in the fight to overturn the court’s reckless, politically motivated decision that was designed to cripple the CFPB,” said Karl Frisch, executive director at Allied Progress, which has lobbied the bureau to tighten regulation of the payday lending industry.
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The Hill: CFPB Asks Full Court to Rehear Constitutionality Case
Allied Progress, a nonprofit research organization, called CFPB’s request Friday an “important first step in the fight to overturn the court’s reckless ruling.”