Filling The Swamp
Start writing a post
Politics

Filling The Swamp

A look inside the wealthy, corporate elites appointed to Trump's cabinet

6
Filling The Swamp

Despite having made several promises throughout his campaign to “drain the swamp”, President-elect Trump has managed to completely eradicate this notion within only weeks of getting elected by appointing numerous wealthy elites and Washington insiders to his impending cabinet.

The president-elect appointed Steve Bannon, former Goldman Sachs investment banker, to the position of White House Chief Strategist. Prior to election night, Bannon served as CEO of Trump’s presidential campaign. However, he is perhaps more well-known as the former executive of Breitbart, a news website notorious for its alt-right views.

Steven Mnuchin is another veteran advocate of the president-elect, having served as Trump's finance chairman throughout his campaign. The former executive and partner of Goldman Sachs is also the founder of Dune Capital Management, a private hedge fund, which largely manages real estate. Mnuchin and his associates acquired the failing Indymac, later renamed OneWest. The bank’s inefficiencies and aggressive payment demands resulted in the foreclosures of countless of their clients’ homes. OneWest has since been sold to CIT Group and is currently under investigation by the Department of Housing and Urban Development.

The president-elect has also chosen Wilbur Ross as his secretary of commerce. Ross, a longtime and loyal donor to Mr. Trump’s businesses and entrepreneurial endeavors, is a private equity investor, with an estimated net worth or $2.9 billion. Ross has made his fortune through resurrecting struggling companies through massive layoffs and budget cuts. Ross is the founder and chairman of the private equity firm, WL Ross & Co, and is the creator of the International Steel Group, a company composed of several economically underperforming steel companies, which was later sold to a prominent steel corporation in the Netherlands.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

76392
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less
a man and a woman sitting on the beach in front of the sunset

Whether you met your new love interest online, through mutual friends, or another way entirely, you'll definitely want to know what you're getting into. I mean, really, what's the point in entering a relationship with someone if you don't know whether or not you're compatible on a very basic level?

Consider these 21 questions to ask in the talking stage when getting to know that new guy or girl you just started talking to:

Keep Reading...Show less
Lifestyle

Challah vs. Easter Bread: A Delicious Dilemma

Is there really such a difference in Challah bread or Easter Bread?

47458
loaves of challah and easter bread stacked up aside each other, an abundance of food in baskets
StableDiffusion

Ever since I could remember, it was a treat to receive Easter Bread made by my grandmother. We would only have it once a year and the wait was excruciating. Now that my grandmother has gotten older, she has stopped baking a lot of her recipes that require a lot of hand usage--her traditional Italian baking means no machines. So for the past few years, I have missed enjoying my Easter Bread.

Keep Reading...Show less
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

977844
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments