A Quote by Judy Woodruff
The president-elect Donald Trump moved a bit closer to getting his Cabinet in place with another round of confirmation hearings. The most contentious was for his treasury secretary pick, Steven Mnuchin, a billionaire banker who worked at Goldman Sachs and owned a hedge fund. There was important news that came out during the hearing. Mnuchin said that he would support raising the debt ceiling sooner rather than later, and not risk the country defaulting.
Quote Topics
Another
Banker
Billionaire
Bit
Cabinet
Came
Ceiling
Closer
Confirmation
Contentious
Country
Debt
Debt Ceiling
Donald
Donald Trump
Elect
Fund
Getting
Goldman Sachs
Hearing
Hedge
Hedge Fund
His
Important
Later
Most
Moved
News
Out
Owned
Pick
Place
President
Raising
Rather
Risk
Round
Said
Secretary
Sooner
Steven
Support
Than
Treasury
Trump
Worked
Would
Quote Author
Related Quotes
I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund.
Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had been installed as US Treasury Secretary to begin the bank bail out policy, with enormous benefit to Goldman Sachs, in the closing weeks of the Bush administration. Goldman Sachs was also instrumental in the collapse of the economy in Greece that started the 'euro panic' that later engulfed Ireland.
I think likelier targets are [Steve] Mnuchin, the Treasury pick. When you look at his dealings during the financial crisis, that's going to be a target rich environment, and [Rex] Tillerson.
Donald Trump has appointed people from Goldman Sachs to his government. He said all sort of things that you would think would really annoy his core supporters. This is one of the big issues he ran on.
Our number one agenda is to get money out of politics, to drain the swamp, but not in the way that Trump said. He stacked his cabinet full of Goldman Sachs guys.
I'm not talking about Trump's brand but rather the intimately connected brand called "make America great again" that he created to make all these promises to working Americans - is intensely vulnerable, if there is sustained scrutiny of the kind we've seen about Comey and Russia. He's appointed five Goldman Sachs former executives to his Cabinet, his commerce secretary is renegotiating NAFTA to make it far better for corporations and worse for workers, and they're talking about this right out in the open... I mean, how much news have you seen about that?
The question is are you loyal to the agenda that [Donald] Trump, that President-elect Trump has put forward in terms of his view of the world and the person to which the secretary of state would function.
I would ask Donald Trump why every single person in his cabinet has spoken out publicly - and his vice president - against gay rights, and he's never said anything about that.
Because I wrote a book about Goldman Sachs. And I know that, from talking to people at Goldman Sachs, that Trump is the poster child for the kind of client they don't want to do business with, mainly because he would borrow all this money from Wall Street to build his casinos, and then didn't pay it back.
First of all, Donald Trump cabinet or - I call it the 3-G cabinet, Goldman, generals and gazillionaires. And I think it's one of the things that for someone who has worked around the world for profit, it is different than working around the world to make sure we have strong alliances and to make sure that we are in the strongest position to protect our country.
Rudy Giuliani would bring conflicts of interest into any Senate confirmation hearing that would be impossible to clear if confirmation hearings operate under the same gravitational forces that they used to in the pre-Trump era.
When you look at the people that Donald Trump is actually put around him on his Cabinet, this is a pretty - I would argue a very conservative Cabinet. And whether it's on issues of immigration, his pick for the attorney general, very conservative on that issue.
In picking Gen. Jim Mattis for Defense secretary, President-elect Donald Trump has said that he found his 'Gen. George Patton.' Yet that label may not really capture what makes Mattis a distinctive choice.
Donald Trump has brought into his cabinet James "Mad Dog" Mattis, who is Secretary of Defense. A "mad dog" is a dangerous creature. And to think of sending such a man with such a reputation into Chicago after he, President Trump, has said to our mayor and the police department: "You all better get this violence thing straight or we'll have to help you do it." They're intending to come and search homes for weapons and kill those who would advance opposition, a slaughter.
They [President Barack Obama and Hillary Clinton] have said that everybody should root for the success of President-Elect [Donald] Trump, but what about - those are the protesters protesting President-Elect Trump.
President-elect Trump has said he would like to improve relations with Russia. His choice for defense secretary views Russia as America's number one threat.
Related Authors
Ambrose Bierce Quotes
American
Journalist
Andy Rooney Quotes
American
Journalist
Ann Coulter Quotes
American
Journalist
Anna Quindlen Quotes
American
Journalist
Bill Vaughan Quotes
American
Journalist
Dave Barry Quotes
American
Journalist
Dennis Prager Quotes
American
Journalist
Erma Bombeck Quotes
American
Journalist
Fran Lebowitz Quotes
American
Journalist
George Will Quotes
American
Journalist
Glenn Beck Quotes
American
Journalist
Hunter S. Thompson Quotes
American
Journalist
Mignon McLaughlin Quotes
American
Journalist
Molly Ivins Quotes
American
Journalist
Rachel Maddow Quotes
American
Journalist
Walter Lippmann Quotes
American
Journalist