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Trump Picks Gay Soros Protégé To Run The US Treasury
Someone described Scott Bessent, Donald Trump's nominee for Treasury Secretary, as a "peace offering" to Wall Street.
I think that's sort of right in the sense that Trump did need someone who can occasionally run interference. Parts of Trump's agenda are anathema to the neoliberal world order in which corporate America thrived, bottom lines swelled and bankers banked. Tariffs make everybody in polite circles nervous, and Bessent runs in polite circles.
On the other hand, Trump's going to cut t
Do you think he can pull off the Cruella de Ville currency photo op that Mnuchin did with his spouse?
I sure hope he tries. I’d love to see that.
One more addition to the cast of misfit toys…if we had an irony detector for the Trump administration, it would’ve exploded.
Trump traded, manipulated at least two stocks a couple of decades ago. mca, Music Corp, he bought under 5%, announced his purchase and sold it the following mornings. also amr, trump indicated he wanted to buy American Airlines above $120, dumped his stock the next day.
never any bad consequences for him, only the people that followed him
Even though some would like to see Trump’s appointees be as obviously incompetent and unfit as possible, we probably want Treasury to be in competent hands. Break the US financial system badly enough, and it can take decades to piece Humpty-Dumpty back together.
As for the effect of a Cabinet LGBTQ+ on MAGA-land, I think not much. People are good at cognitive dissonance, Exhibit A = all the ostensibly devout religious embracing Trump himself. On FOX, Bessent’s orientation will be a national secret. And the Log Cabin Republicans will like it.