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CWA Local 2336
September 23, 2018
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Wall Street Insiders Have Inside Track in Government
Posted On: Dec 18, 2016

Despite promising to "drain the swamp," President-elect Donald Trump has begun filling his Administration with super-wealthy Wall Street executives from Goldman Sachs and Wells Fargo. Here's just a sampling of some of Trump's picks so far:

Labor Secretary: Fast food magnate Andrew Puzder, who opposes the Department of Labor's overtime rule and actually claimed that what workers "lose in overtime pay they gain in stature and sense of accomplishment." Puzder rejects increasing the minimum wage and says he prefers automated machines over human workers.

Treasury Secretary: Steve Mnuchin, a former Goldman Sachs banker who profited from the housing meltdown. Mnuchin personally profited from families' losses during the Great Recession by foreclosing on tens of thousands of working and middle-class families. He has already proclaimed that cutting corporate taxes will be his number one priority as Treasury Secretary.

Secretary of Health and Human Services: Rep. Tom Price, who has led the charge to privatize Medicare, which would seriously jeopardize the lives of millions of Americans and particularly harm seniors.

Secretary of Transportation: Elaine Chao, who made $1.2 million while overseeing Wells Fargo as the bank faced record fines for creating millions of fraudulent bank accounts.

Secretary of Commerce: Wilbur Ross, a billionaire known as the "king of bankruptcy," who supports gigantic corporate tax cuts.

Director of National Economic Council: Goldman Sachs president Gary Cohn.

Secretary of State: Exxon Mobil CEO and billionaire Rex Tillerson.

Secretary of Education: Billionaire Betsy DeVos, who has led the charge to turn over Michigan’s schools to for-profit corporations.

CWA's national campaign to fight back against Wall Street greed is heating up. Join the campaign and take action at

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