Trump’s Picks: Jay Clayton For SEC

Why?

“Donald Trump assailed Wall Street on the campaign trail, and frequently criticized his political opponents for their ties to Goldman Sachs Group Inc. Now, Trump is relying on a lawyer who has spent his career representing financial firms, and has his own close ties to Goldman, to lead Wall Street’s top regulator.

Trump will nominate Sullivan & Cromwell partner Jay Clayton to run the Securities and Exchange Commission, the president-elect’s transition team said in a statement Wednesday. Clayton’s clients represent a virtual who’s who list of industry titans, including hedge funds, private equity firms and Goldman, where his wife has worked for almost two decades. …”

Clearly, this is another FU pick like Energy, Education, Labor and EPA:

“As chairman of the SEC, Clayton would help police many of the same large banks he has spent decades representing, including Goldman Sachs and Barclays. He also would play a key role in Trump’s efforts to dismantle parts of 2010’s financial reform legislation, known as the Dodd-Frank Act. Clayton brings “decades of experience helping companies navigate complex federal regulations” and would “play an important role in unleashing the job-creating power of our economy,” according to a statement issued by Trump’s transition office announcing Clayton’s nomination …

Clayton worked with Goldman Sachs during the financial crisis, including when billionaire investor Warren E. Buffett pumped $5 billion into the bank.

“Trump supporters did not vote to let the fox guard the henhouse on Wall Street,” Adam Green, co-founder for the Progressive Change Campaign Committee, said in a statement. Rep. Maxine Waters (D-Calif.), ranking member of the House Financial Services Committee, said, “This nomination of a Wall Street insider to regulate Wall Street proves that Donald Trump has no intention of getting tough on Wall Street.”

Trump isn’t going to regulate Wall Street.

I always wondered why the “international banks” mentioned in Trump’s West Palm Beach speech didn’t make the cut for the “Closing Argument.” That was probably his best speech of the campaign. Now his anti-Wall Street rhetoric he leaned so heavily on is going to come back to bite him in the ass and it is his own fault.


9 Comments

  1. When I looked at Trump for president, there were 5 things I was excited about:
    1. Immigration
    2. Trade/Pro-American worker
    3. Anti-interventionism
    4. Anti-PC + No Big Money (Or I suppose just anti-establishment)
    5. Anti-Wall Street.

    5 was always the one I felt he would be weakest on but I had hope he would be serious (remember him making noise about taxing hedge fund managers and re-instating Glass-Steagall?). Guess that’s probably out the window.

    Sucks man. I think I’ll concede you’re right about this part.

  2. The kidnapping and torture of a White man by Niggers is blowing up. The nigger Eddie Johnson Chicongo police superintendent stated that “Kids make mistakes.” Kidnapping & torture are just hijnks

  3. The press in the U.K. Are heavily pushing the Anti-Russian narrative with more accusations about the DNC hacking. On Channel 4 and BBC the pair McMullin and
    (((Alperovitch))) are doing the rounds blaming Russia for hacking the DNC and Podesta.

    Someone big is trying to box in Trump.

  4. It may be a strategy. He may not go after the (((bankers))) at all or he may not go after them until he has fixed the military and done away with phony intelligence agencies that really work for the City of London. Anyone who thinks he can go after the (((bankers))) without them imploding the economy and without a backup plan is not paying attention. Most supporters are watching carefully the money connection and what he does about it.

  5. I don’t what he’s going to do but if he could actually convince all the picks that he has to do the best deal possible for the average American then these guys know where the bones are buried more than anyone else. No matter who these guys represent if he stays on them and let’s know exactly what they need to do he could make this work. A lot of Democrats would vote for serious financial reform. Same with a lot of working stiff type Republicans and some would vote just because he’s the President. That being said it looks more and more every day that he’s going to screw us. A HUGE caveat!! I say the exact opposite about every week! Trump is the closest to the vest, most savvy player, maybe that we’ve ever had for President. His picks lurch all over the spectrum. He hangs out with degenerate Jews but doesn’t drink, smoke or do drugs. He is a bit of a horn dog with Women but seems to be a devoted family Man. He talks like a full blown Narcissist but people who know him closely say he’s kind and thoughtful. He’s a strange character and I’m befuddled as to what he’ll do next.

  6. “Kids make mistakes.”???…I watched a few minutes of the video and didn’t feel comfortable watching more. Mistakes!!! Animals. Criminals. Lynching is too good for them.

  7. My feeling about Trump is that he is the first few steps on a long journey. Is he alt.right, no he isn’t. Is he closer than the Republican Party has been over the last 30 years or so, yeah. Is he better than whatever nigger lover the liberal democrats would have picked, yes. But that’s not saying very much, the Democratic Party is a conglomeration of leftists, foreigners, fags, spooks and self hating whites. Trump has a long way to go to reach White Nationalism. But maybe he will move in that direction.

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