This press release was originally posted through Allied Progress. Allied Progress is now Accountable.US.
SEE: Bloomberg, 3/21: Mnuchin Courts Goldman Advisers to Oversee $200 Billion Bailout
The Trump administration is reportedly looking to call on Wall Street executives from firms including Goldman Sachs to assist the administration in overseeing over $200 billion in bailout packages to soften COVID-19’s economic impact on the country.
Derek Martin, director of Allied Progress, released the following statement:
“The Trump administration cleaned house of experts, so now they’re forced to bring in Wall Street bankers to help guide them through the COVID-19 crisis. Banks like Goldman Sachs brought the American economy to its knees during the last crisis. If the big banks are running the show, hard working Americans will be left behind.”