Friday, October 28, 2016

Gary Gensler May Not Get a Top Position in a Clinton Administration

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“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.


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