To the Point
Wall Street is welcomed back to Washington
After financial disaster in 2008, President Obama distanced himself from "fat-cat bankers." Candidate Donald Trump roasted Hillary Clinton's ties to Wall Street. But as President, he's recruited a Who's Who of alumni from hedge funds, J.P Morgan Chase -- and especially Goldman Sachs -- as economic advisors.
After financial disaster in 2008, President Obama distanced himself from "fat-cat bankers." Candidate Donald Trump roasted Hillary Clinton's ties to Wall Street. But as President, he's recruited a Who's Who of alumni from hedge funds, J.P Morgan Chase -- and especially Goldman Sachs -- as economic advisors. He says he'll relieve the financial industry of "burdensome" regulations. But critics are asking: what about all those promises to working people? Politicians and pundits may be demanding answers, but we hear that Trump supporters don't care about his advisors -- if he can "Make America Great Again."
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