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Goldman Sachs’s outsize influence in Washington is about to get larger.
The longtime second-in-command at Goldman Sachs, Gary D. Cohn, is expected to be named director of the National Economic Council, which oversees economic policy in the White House.
Coming fast on the heels of the nomination of Steven Mnuchin, a former Goldman partner, as Treasury secretary, it will mean that economic policy under the president-elect, Donald J. Trump, will be shaped chiefly by veterans of the Wall Street firm.
The position that Mr. Cohn is expected to take up is one that has long been identified with Goldman and its influence in the capital.
Wow! Ted Cruz received $487K in campaign contributions, $11M from a NY hedge fund mogul, & $1M low int. loan from Goldman Sachs. Hypocrite
National Economic Council (NEC)
Learn about the National Economic Council's role in advising the President on U.S. and global economic policy.
The National Economic Council (NEC) was established in 1993 to advise the President on U.S. and global economic policy. It resides within the Office of Policy Development and is part of the Executive Office of the President. By Executive Order, the NEC has four principal functions: to coordinate policy-making for domestic and international economic issues, to coordinate economic policy advice for the President, to ensure that policy decisions and programs are consistent with the President's economic goals, and to monitor implementation of the President's economic policy agenda.
The NEC is comprised of numerous department and agency heads within the administration, whose policy jurisdictions impact the nation's economy. The NEC Director works in conjunction with these officials to coordinate and implement the President's economic policy objectives. The Director is supported by a staff of policy specialists in various fields including: agriculture, commerce, energy, financial markets, fiscal policy, healthcare, labor, and Social Security.
originally posted by: Christosterone
How absurd to appoint a billionaire business mogul to Director of the National Economic Council...
I mean couldn't he have found a community organizer or civil rights attorney to do this job???
Appointing titans of business to oversee economic policy??? How ridiculous..
Great points on all counts progressives!!!
Keep up the good work so I can live in a republican utopia forever...the more y'all double down on ur socialist progressive trite my country will persist in perpetuity as a conservative bastion..
In short, keep up with the Nancy pelosis of the world....we on the right thank you!!!
originally posted by: Willtell
a reply to: Swills
Isn't it amazing a con man is demonstrating how he conned millions and they don't see it.
Its what I call the " Eyes Wide Shut" syndrome
Like 911 when right before our eyes we witness a miracle, three building fall down from fire, something NEVER done before.
Trump is a new EYES WIDE SHUT caper
A clear con man and people are so blind they refuse to see it or even acknowledge it
He lies right before their eyes and ears and they don't hear or see it. They make themselves blind
Deaf, dumb, and blind
“I will Make Our Government Honest Again — believe me. But first, I’m going to have to #DrainTheSwamp.”
originally posted by: Swills
a reply to: Christosterone
I guess you're totally okay with Trump not draining the swamp like he claimed he would and he's always claimed to be the anti establishment candidate but he's done nothing but bring that establishment into his cabinet!! Why are you okay with this?
Trump and his supporters attacked Clinton, and rightfully so, because she was in bed with Big Banks and Wall Street but all the sudden it's okay now that he's doing it?
Where is the integrity?