12-28-2016, 06:52 PM
From boldprogressives.org:
Ever since Trump nominated longtime Goldman Sachs banker Steve "Foreclosure King" Mnuchin for Treasury Secretary, the Wall Street giant has gotten cocky. Bloomberg News reports:
"After eight years as the face of Wall Street greed and the target of public scorn, the bankers at Goldman Sachs can be cheerful again. Not only has Trump’s election stoked hopes for looser regulatory policies that will make it easier for banks to take bigger risks and book fatter profits, but Goldman also appears to have regained its place at the nexus between Wall Street and Washington."
Mnuchin personally made millions of dollars foreclosing on over 36,000 homes using egregious tactics that a federal judge called "harsh, repugnant, shocking, and repulsive." Both Elizabeth Warren and Bernie Sanders call his nomination "hypocrisy at its worst" -- a betrayal of Trump's tirades against Goldman Sachs during the campaign.
Fight back against Goldman Sachs. Sign the petition to the Senate: Vote NO on Steven Mnuchin's nomination for Treasury Secretary.
Goldman Sachs is one of the most grievous abusers of Wall Street power. Just this month, Goldman Sachs was slapped with a $120 million fine for manipulating key interest rates. And now Mnuchin is one of 4 (and counting) Goldman Sachs bankers in Trump's administration.
As Bloomberg writes, Mnuchin and Trump are "poised to preside over a rollback of financial regulations that arguably threatened Goldman more than any other top bank in the years following the financial crisis. Most notably, Trump has said he’s considering a repeal of the 2010 Dodd-Frank Act that Congress passed to protect consumers and prevent a repeat of the financial crisis. Regulators appointed by Trump could also choose to give banks more leeway with certain rules, even if they remain in place."
With enough support, we have a chance to block a select few of Trump's nominations, like Mnuchin's, that pose the gravest risk to millions of American families.
Right now, we are talking with people Mnuchin's bank foreclosed on and others who can speak out in a compelling way in TV ads and at media events around the nation.
PCCC members have already flooded the Senate with thousands of calls urging a NO vote. We are unifying Democrats against Mnuchin, and putting pressure on vulnerable Republicans with newspaper and TV ads in their home states.
Stand with tens of thousands of PCCC members who have signed the petition and stand with Elizabeth Warren and Bernie Sanders.
Thanks for being a bold progressive.
--Keith Rouda, PCCC organizer
Ever since Trump nominated longtime Goldman Sachs banker Steve "Foreclosure King" Mnuchin for Treasury Secretary, the Wall Street giant has gotten cocky. Bloomberg News reports:
"After eight years as the face of Wall Street greed and the target of public scorn, the bankers at Goldman Sachs can be cheerful again. Not only has Trump’s election stoked hopes for looser regulatory policies that will make it easier for banks to take bigger risks and book fatter profits, but Goldman also appears to have regained its place at the nexus between Wall Street and Washington."
Mnuchin personally made millions of dollars foreclosing on over 36,000 homes using egregious tactics that a federal judge called "harsh, repugnant, shocking, and repulsive." Both Elizabeth Warren and Bernie Sanders call his nomination "hypocrisy at its worst" -- a betrayal of Trump's tirades against Goldman Sachs during the campaign.
Fight back against Goldman Sachs. Sign the petition to the Senate: Vote NO on Steven Mnuchin's nomination for Treasury Secretary.
Goldman Sachs is one of the most grievous abusers of Wall Street power. Just this month, Goldman Sachs was slapped with a $120 million fine for manipulating key interest rates. And now Mnuchin is one of 4 (and counting) Goldman Sachs bankers in Trump's administration.
As Bloomberg writes, Mnuchin and Trump are "poised to preside over a rollback of financial regulations that arguably threatened Goldman more than any other top bank in the years following the financial crisis. Most notably, Trump has said he’s considering a repeal of the 2010 Dodd-Frank Act that Congress passed to protect consumers and prevent a repeat of the financial crisis. Regulators appointed by Trump could also choose to give banks more leeway with certain rules, even if they remain in place."
With enough support, we have a chance to block a select few of Trump's nominations, like Mnuchin's, that pose the gravest risk to millions of American families.
Right now, we are talking with people Mnuchin's bank foreclosed on and others who can speak out in a compelling way in TV ads and at media events around the nation.
PCCC members have already flooded the Senate with thousands of calls urging a NO vote. We are unifying Democrats against Mnuchin, and putting pressure on vulnerable Republicans with newspaper and TV ads in their home states.
Stand with tens of thousands of PCCC members who have signed the petition and stand with Elizabeth Warren and Bernie Sanders.
Thanks for being a bold progressive.
--Keith Rouda, PCCC organizer