Despite the cruel weather conditions, dozens of protesters met in front of the Goldman Sachs headquarters to show their disagreement with Trump administration. The peaceful outrage broke when President-elect Donald Trump began to nominate his people for the new administration. Some of these selections include former executives at Goldman Sachs who are about to receive top positions in the new political format.
On Tuesday, there were a little over 50 people armed with signs and warm clothes ready to show their disagreement regarding Trump’s selections for his future administration. Some of these people were wearing swamp-monster masks. This was a symbol regarding one of Trump’s recent statements according to which Washington is no more than a swamp. Around half of them came prepared with sleeping bags so that they can prolong the event until Friday. This is the day when Trump will be officially recognized as the President of the United States.
Protesters’ main concern is the close connection between Trump and business magnates. Prior to his inauguration day, Trump named Steve Mnuchin to manage the U.S. Treasury Department. Other questionable choices regard Gary Cohn, who was an economic adviser for Trump after he was the chief operating officer, and Dina Powell, who left Goldman Sachs to be in Trump administration. All of these names are former employees at the prestigious bank.
The protesters that gathered on a Tuesday are among the people that believe that Goldman Sachs is actually the Government Sachs. This is because many of its major employees left their positions for the sake of government positions. According to these protesters, this move allows the most prestigious bank from Wall Street to enjoy favoritism. For instance, the 2008 financial crisis found Goldman thriving while there was an implosion of the mortgage sector. People are not satisfied that a major bank has come to run the government. The major concern is that they do not have the citizens’ well being at heart, but they are more interested in profit for themselves.
Since the 2008 financial crisis, the Wall Street bank launched a large public relations campaign to restore its credibility. The new direction of the bank included major support for startups, female entrepreneurs, and prisoners. Since then, Goldman Sachs had not been the subject of incriminatory activities. This state lasted until recent Trump’s nominations for his own administration.
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