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Showing the Latest President Donald J. Trump Results
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With Donovan Nomination, Trump Adds Yet Another Goldman Sachs Alum to Its Ranks
Goldman Sachs Group Managing Director James Donovan Tapped to Serve as Deputy Secretary of the Treasury under Foreclosure King Steven Mnuchin WASHINGTON, D.C. – Following this evening’s news that President Trump will nominate Goldman Sachs Group managing director James Donovan to serve as Deputy Secretary of the Treasury under Goldman legacy and alum Steven Mnuchin,…
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New York Times Magazine: The Bureau of Resistance
How long can a progressive federal agency, the Consumer Financial Protection Bureau, stand firm against the deregulatory pressures of the Trump administration?
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Prediction: GOP Will Hurl Same Tired Attacks at Consumer Bureau, Cordray, at Today’s Hearing
House Financial Services Committee has held more than sixty hearings targeting the Consumer Bureau with false attacks.
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Huffington Post: Meet The New Class Of Wall Street Democrats
“How exactly will Tester, Warner and Heitkamp explain to their constituents that they voted for a man to be Wall Street’s top cop whose only professional experience has been fighting to protect the interests of Wall Street’s most powerful institutions?” asks Karl Frisch, executive director of Allied Progress.
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President Trump Can’t Comb Over the Facts, Dodd-Frank Doesn’t Need a “Major Haircut”
In meeting with Wall Street leaders and corporate executives, Trump backed further away from his commitment to drain the swamp.
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Senate Committee Advances Nomination of Wall Street Fox to Guard Investor Henhouse
Trump nominee for SEC chair nominee previously exposed for “nutty views” and record as Wall Street’s “legal yes man.”
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Workers Take a Back Seat as Acosta Drives Toward Confirmation Following Committee Vote
“Today’s vote was yet another example of lawmakers ignoring a Trump nominee’s glaring deficiencies and instead marching with the President in lockstep as he hands important economic posts in our government over to those who are more interested in pleasing Wall Street insiders and powerful special interests than the hard-working Americans who built this country.”
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The Hill: Dems Debate Working with GOP on Consumer Bureau Revamp
Progressive groups are pushing Democrats to defend the bureau, the brainchild of Sen. Elizabeth Warren (D-Mass.). The party’s liberal base, still fuming over the 2016 elections, does not want to see any compromise with Republicans over policies won by the left during the Obama era.
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Employment Law Daily: Acosta Facing Tough Questions at Nomination Hearing
Most commenters expect Acosta to be confirmed. However, that does not me the nominee will not face some tough questioning. On the day of the hearing, Allied Progress released a report supporting the nationwide progressive advocacy organization’s characterization of Acosta’s record as “one of scandal, mismanagement, and a callous disregard for the concerns of American workers.”
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The Nation: Trump’s SEC Nominee Has a Major Conflict-of-Interest Problem
An analysis of its recent clients published by Allied Progress estimates that Clayton would have to withdraw “from cases involving nearly one-third of the institutions on the Financial Stability Board’s list of ‘global systemically important banks.’”