Political Quotes

“Mr. President, every time President Trump has the choice between standing up for American families or standing up for wealthy banks and giant corporations, he chooses the rich guys. Time and again, he has promised that he would ``never be beholden to the lobbyists or the special interests,'' but he has appointed dozens of Big Business executives and lobbyists to senior positions in his administration. During his campaign, he promised that he would not let the Wall Street guys get away with murder, but after he was sworn in, he loaded up his economic team with Goldman Sachs executives. Over and over again, he has promised to drain the swamp, but then he appointed an army of lobbyists and industry insiders to positions that oversee the industries that paid them for years. Randal Quarles is just the latest in this long line of corporate appointments. He is President Trump's nominee to the Federal Reserve's Vice Chair for Supervision. He has gone through the revolving door so many times that it is hard to keep up--from a big Wall Street law firm, to the Treasury Department, back to the Wall Street law firm, back, eventually, to the Treasury Department, then to a private equity fund, followed most recently by a trip to another private equity fund. Now Mr. Quarles is ready for another spin through the revolving door. The Vice Chair for Supervision of the Fed is one of the most important jobs in the government.…”