Latest News
Showing the Latest Trump Transition Results
-
Trump Admin Goes Even Further Than House GOP’s All-Out Assault on Consumer Bureau and Economic Safeguards
Treasury Secretary’s proposal would destroy the Consumer Bureau and undo protections put in place after 2008 economic crisis.
-
Wall Street Bailout Attorney Confirmed to Lead SEC in Textbook Example of Conflict of Interest
Clayton will be forced to recuse himself from significant portion of his new job chairing the SEC.
-
Throwing Working Families Under the Bus, Senate Confirms Trump’s 2nd Choice to Head Labor Dept.
Acosta is a scandal riddled figure best known for his mismanagement during the Bush administration.
-
Ricketts Withdraws as Trump’s Deputy Commerce Nominee to Spend More Time with His Father’s Money
Ricketts was named as Trump’s nominee for Deputy Commerce Secretary despite having little serious experience not tied to his billionaire father.
-
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.”
-
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.”
-
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.
-
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.”
-
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.’”
-
Trump SEC Chair Nominee Exposed for “Nutty Views” and Record as Wall Street’s “Legal Yes Man”
If confirmed, Jay Clayton would be Wall Street’s top cop.