Politico is reporting that a senior Democrat on Capitol Hill has been assuring bank lobbyists that former CFTC Chair (and ex-Goldman Sachs exec and current chief financial officer of the Clinton campaign) Gary Gensler will probably not be getting a top spot in a potential Clinton administration.
Word going around the Hill, according to Politico, is that Gensler will only get a “second tier” position.
The Elizabeth Warren camp is reportedly furious.
Gensler backstabbed his old bankster cronies while at the CFTC and helped drive the adoption of the Warren inspired Dodd-Frank Act of 2010. His name, a Republican regulator once said, according to InsideSources.com“is like a curse word” on Wall Street. “I’ve never seen anything like it.”
Anything that makes Camp Warren furious is usually a good thing but does this mean crazed inflationist Lael Brainard is a lock for Treasury Secretary?
Hug your gold coins tonight.