Today, at the Milken Institute Global Conference in Beverly Hills, Treasury Secretary Steven Mnuchin told the room full of wealthy Wall Street managers that he deserved credit for their profits.
“You should all thank me for your bank stocks doing better,” the former Goldman Sachs executive and hedge fund manager said, exposing the true motives of the Trump regime.
Bank stocks have soared since the election of President Trump and his nomination of Mnuchin, largely on the hopes that they will allow corporations to run roughshod over the rights of everyday Americans. The pair has promised massive tax breaks to the wealthiest Americans as well as the removal of key consumer protections, including the Dodd-Frank safeguards that mitigate some of banking’s riskier practices that led to the 2008 financial collapse.
Senator Elizabeth Warren (D-MA), one of the strongest voices in the American people’s fight against Wall Street domination, struck back on Twitter with a powerful statement:
That’s the Trump Admin in a nutshell: Rich guys making each other richer & patting themselves on the back. Gross. https://t.co/c3UVpk4HSG
— Elizabeth Warren (@SenWarren) May 1, 2017
In the mess that was Trump’s first 100 days in office, he and his lackeys made very clear that they have no interest in working for any Americans but the wealthiest among us. Mnuchin’s comments indicate that they have no intention of changing course and are actually quite proud of their work to help billionaires at everyone else’s expense.
The bad news for Trump and company is this: Senator Warren will be there to fight them every step of the way. And, as Mitch McConnell can tell them, she has a way of persisting.