“For-Profit President”: A Look at How Trump Is Pushing Wholesale Corporate Takeover of the Government

Source: Democracy Now, February 20, 2017

There has been a wholesale corporate takeover of the government. That’s the conclusion of a new report coming out today by the watchdog group Public Citizen. The report looks at how corporate America has benefited from Trump’s first month in office. Rex Tillerson, the former CEO of Exxon, is now secretary of state. Goldman Sachs alum now serve several top posts: Steven Mnuchin as treasury secretary, Stephen Bannon as Trump’s chief strategist and Gary Cohn as director of the United States National Economic Council. Trump has also signed executive orders to help undo the Dodd-Frank Wall Street reform law and repeal rules requiring financial advisers to give advice based on their customers’ best interests.

Read full report.

Democracy Now interview with Robert Weissman, president of Public Citizen.

Video version of the Public Citizen report: