Vermont Sen. Sanders said Sunday that President Trump is “a fraud” and is working with Wall Street as he looks to roll back some banking regulations. Bernie criticized Trump for appointing “all of these billionaires” to his Cabinet, and singled out his major financial adviser, who comes from Goldman Sachs. When asked about Wall Street reforms Sanders said,
“This guy is a fraud,” Sanders told CNN’s Jake Tapper on “State of the Union” Sunday.
Trump selected Steve Mnuchin, a former Goldman Sachs trader and hedge fund manager, as his treasury secretary nominee; Wilbur Ross, a billionaire former banker, to lead the Commerce Department; and Gary Cohn, a top Goldman Sachs executive, to lead his National Economic Council.
“This guy ran for president of the United States saying, ‘I, Donald Trump, I’m going to take on Wall Street — these guys are getting away with murder.’ Then suddenly, he appoints all these billionaires,” Sanders said.
The senator admitted that Trump “is a good showman, a good TV guy.”
“I think he is going to sell out the middle class and the working class of this country,” Sanders continued. “He told us, in fact, it’s in the Republican platform, he’s going to bring back Glass-Steagall, we’re going to be dividing up commercial banks from investment banks to insurance companies. Then he has all of the big Wall Street guys on his side, and now he is working for Wall Street.”
Sanders added that he hopes Republican leaders like Senate Majority Leader Mitch McConnell, R-Ky., will stand up to Trump’s “movement toward authoritarianism.”
“We are a democracy, not a one-man show. We are not another Trump enterprise,” Sanders concluded. “We’re not a business run by Mr. Trump.”