Today in Draining the Swamp

Donald Trump has already selected four Goldman Sachs executives to serve in his administration: Chief Strategist Steve Bannon, Treasury Secretary Steven Mnuchin, Director of the White House National Economic Council Gary Cohn, and Senior Counselor for Economic Initiatives Dina Powell.

And now he will nominate a fifth: "Trump on Tuesday said he planned to nominate Goldman Sachs managing director James Donovan to serve as deputy treasury secretary, selecting his fifth Goldman veteran to take a senior role in his administration."

By way of reminder, this is an explicit bait-and-switch. As Eric Levitz observed at NY Mag in November: "In Donald Trump's final campaign ad, the GOP standard-bearer informed America that 'those who control the levers of power in Washington' do not 'have your good in mind,' as a sign reading Wall St. flickered across the screen. Moments later, the chief executive of Goldman Sachs appeared, serving as an embodiment of the global elite that has 'robbed our working class.'"

Relatedly, Trump's morning tweetshitz included this doozy:

Ah, yes. The widely-recognized perfect policy to address the economic anxiety of working class rust belters—deregulation and tax cuts for CEOs!

It's a good thing we didn't elect that establishment monster Hillary Clinton who gave paid speeches to Goldman Sachs, amirite? Phew! That was a close one.

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