On the recordSeptember 12, 2017
Mr. President, on the campaign trail, Donald Trump promised working families that he would subject every proposal he saw in the White House to a simple test: ``Does it create more jobs and better wages for Americans?'' He claimed he wasn't ``going to let Wall Street get away with murder,'' and he said he was going to ``drain the swamp.'' Such great talk--and then he got to Washington. His first order of business was to put together a team of people who had spent decades as executives at big banks and large corporations--people who are determined to tilt the playing field in favor of Wall Street and against working families. You don't need to look very far to see them. His most senior economic advisers--Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, and the senior counselor for economic initiatives, Dina Powell--together, those three have spent nearly a half a century combined working for Goldman Sachs. When it comes to our economy, this isn't the Trump administration; this is the Goldman Sachs administration. Now President Trump has lined up another top economic adviser, Kevin Hassett, who has been nominated to serve as the Chairman of the President's Council of Economic Advisers. Mr. Hassett hasn't worked at Goldman Sachs. No, his ``fresh perspective'' is that he has spent his career advocating for policies that favor the wealthiest Americans.…





