Economy

Trump Nominates Yet Another Goldman Alumni

JM Ashby
Written by JM Ashby

At this point, it may be easier to highlight the members of Trump's cabinet who didn't work for Goldman.

Trump has nominated James Donovan, a managing director at Goldman, to serve as deputy treasury secretary which places him directly under fellow Goldman alumni Steve Mnuchin.

Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn are also former Goldman executives who occupy senior economic posts within the administration.

Donovan's work at the bank as a managing director has included work on corporate strategy, investment banking and investment management, the White House said in a statement.

He is expected to work on the Trump administration's domestic policy agenda at Treasury.

Remember that time Hillary Clinton gave a speech at Goldman and dumbasses on the left and right used it against her? She spoke about climate change and social welfare during the speech.

Assuming Donovan is confirmed, he will become the 6th Goldman veteran to join the Trump regime.

  • Badgerite

    Government of Goldman Sachs, by Goldman Sachs, for Goldman Sachs.
    Snowden is either an idiot or a liar or a fool, politically speaking. Take your pick.
    Now we not only have to worry about the 4th Amendment, we now have to worry about the fundamental cornerstone of the republic, the First Amendment.
    And to me, that one is the central right that defines a democracy. You cannot have a free society if the First Amendment is not a central tenet of society.

    • Scopedog

      Snowden is either an idiot or a liar or a fool, politically speaking. Take your pick.

      How about all three?

      And the same applies to Stein, H.A. Goodman, Susan Sarandon, Shaun King, Cornell West, and all the other fools who blabbed out the same stupid shit during the 2016 campaign.

      • Badgerite

        Well, I would say they certainly have the “seriously wrong” in common.
        Whether they admit it or not. They were soooooo wrong.

  • muselet

    Since Donald Trump is a simpleton, I think he’s in awe of investment bankers: as far as he can tell, all they have to do is push a few buttons on a computer and they make billions of dollars. For one of Trump’s real estate deals, he at least has to go to the trouble of licensing his name to slap on the side of the ugliest building that can be built, which takes time and effort.

    Again, since Trump is a simpleton, he looks at the money investment bankers make and thinks the country should be run by those guys.

    Oh, did I mention that Trump is a simpleton?

    –alopecia

    • Christopher Foxx

      Oh, did I mention that Trump is a simpleton?

      But the greatest simpleton. Just fantastic. He’s tremendous. He’s the most simpleton person you’ll ever meet. Believe me.

  • Aynwrong

    I n a personal

  • Does Goldman Sachs manage Trump’s money or something? Why is he so enamored of them?

  • And where will these people be employed when they leave the Administration in the next 1 to (god forbid) 8 years? Right back at Goldman Sachs. The level of corruption and conflicts of interest are astounding.

  • But speeches… aww forget it. We know the drill.

    • Scopedog

      All too well, I’m afraid….