Why would Mitch allow Biden to appoint a cabinet? Mitch has the chance to cut him off at the knees from the beginning.
All while effectively selling the idea that Biden just can’t get anything done.
Biden is gonna nominate Jamie Dimon to be his Sec of Treasury and y'all are gonna blame it on Mitch when he was gonna do it all along
This is probably gonna blow me up, but I don't actually mind Jamie Dimon as Sec. Treasury. I mean he's probably the best banking CEO, you actually want someone who 100% understands the entire industry and monetary financial system, and any actual additional oversight regulations really need to come from the Federal Reserve and congress. Nothing in the banking industry or Too Big to Fail will change without legislation to reinstitute Glass-Stegal.
Personally working in the finance industry now and during the financial crisis, and reading a lot of peoples books in the aftermath, especially concerning the role of Hank Paulson, I feel like you really actually need a competent person who fully and completely understands Wall Street. And, Jamie Dimon fits that.
If there's anything we can learn from the last few election cycles, it's that people on both sides hate the big banks and few people on both sides don't. Bring in a Secretary of the Treasury who will hold them accountable and create viral moments while doing it. Katie MF Porter.
The problem with having someone like Dimon at the Sec. Treasury is that he will take care of himself and his cronies more than the American people. The last thing the parasitic big banks need is more influence.
I think this misses the point of view of a lot of republicans who voted for Trump, but also weren’t full on Trumpers with flags from their pick-ups.
Their concern with Biden wasn’t so much that he was a socialist, but he was a puppet or a Trojan horse for the Democrats that are. So, if they voted for Biden, they believed the left wing of the party would be pulling the strings.