Thursday, November 19, 2020

Wall Street

Biden, following the advice of Senator Warren, is getting tough on Wall Street. He is putting Gary Gensler in charge of the financial transfer and Gensler is an outspoken critic of the big banks. During the campaign Biden promised to raise taxes and increase regulations on corporations. This seems to conflict with campaign finances donations since Biden collected $800 billion to Trumps $500 but more to the point Wall Street contributions to Biden were $75 billion vs Trumps $15 billion. It must not be true that money buys influence. They may have gone to Biden putting the country ahead of profit. This truly is a new day.

No comments:

Post a Comment