Edition: India  
 
> >

Elizabeth Warren Blasts Trump's Treasury Pick, Calls Him ‘Forrest Gump Of Wall Street’

Duration: 01:09s - Published: < > Embed
News video: Elizabeth Warren Blasts Trump's Treasury Pick, Calls Him ‘Forrest Gump Of Wall Street’Elizabeth Warren is far from pleased after Donald Trump's pick for Treasury Secretary was revealed. Donald Trump has named Steven Mnuchin, a former executive at Goldman Sachs, as the Treasury secretary, and Elizabeth Warren is far from pleased, reports Politico. In a statement, the Massachusetts senator calls Mnuchin the “...Forrest Gump of the financial crisis,” and noted that he "managed to participate in all the worst practices on Wall Street." She continues, “He spent two decades at Goldman Sachs helping the bank peddle the same kind of mortgage products that blew up the economy and sucked down billions in taxpayer bailout money before he moved on to run a bank that was infamous for aggressively foreclosing on families."  Warren warns that the appointment, “should send shivers down the spine of every American who got hit hard by the financial crisis,” and characterizes it as, “the latest sign that Donald Trump has no intention of draining the swamp and every intention of running Washington to benefit himself and his rich buddies.” Notably, during his campaign, Trump frequently attacked the financial industry, notes the New York Times.  As part of his opposition message, he ran an ad that featured an image of a Goldman Sachs top executive as an example of those who had “robbed our working class."

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Asian markets mostly higher after Wall Street sinks

BEIJING (AP) — Asian stock markets rose Tuesday after Wall Street sank on worries that the Trump...
Seattle Times - Front Page

Global stocks, dollar recover as markets try to move past Trump's policy stumble

SINGAPORE (Reuters) - Asian stocks pulled ahead on Tuesday after Wall Street steadied and the dollar...
Reuters India - Business

Asian Markets Rebound

Asian stock markets rebounded on Tuesday, as investors shrugged off the mixed cues overnight from...
RTTNews - Markets

China stocks down on liquidity concerns; HK follow Asian markets higher

Hong Kong stocks followed Asian markets higher after Wall Street stabilized following the U. S....
DNA - Money

Trump Tantrum looms on Wall Street if healthcare effort stalls

NEW YORK (Reuters) - The Trump Trade could start looking more like a Trump Tantrum if the new U.S....
Reuters India - BusinessAlso reported by •DNA


Wall Street slips at the open as 'Trump trade' fizzles

REUTERS - U.S. stocks opened slightly lower on Wednesday, a day after Wall Street posted its biggest...
Reuters India - BusinessAlso reported by •IndiaTimes


Wall Street wavers as Trump faces key healthcare vote

USA-STOCKS/ (UPDATE 5):US STOCKS-Wall Street wavers as Trump faces key healthcare vote
IndiaTimes - BusinessAlso reported by •Reuters IndiaDNA


US STOCKS-Fears of delays to Trump tax cuts hit Wall Street

Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to...
DNA - Money


You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter