Is Trump Draining the Swamp or Filling It?

Guest Post by Martin Armstrong

trump-cohenTrump has broken his word and is by no means draining the swamp — he is filling it. He has really betrayed a lot of people by his nomination of Gary D. Cohn as Director of the National Economic Council, which is a policy-making position for domestic and international economic issues.

The one legal firm in New York that defends the bankers is Sullivan & Cromwell. Trump has named a lawyer from that firm, Jay Clayton, to serve as Wall Street’s top cop as Chairman of the Securities and Exchange Commission. There is absolutely no possible way Clayton will call the bankers to account for anything. In fact, it would probably be a huge conflict of interest to bring charges against any bankers in New York when Sullivan & Cromwell will most likely represent them (including Goldman Sachs).

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