In his latest column, Huffington Post DC Bureau chief Dan Froomkin accuses the Obama administration’s finance team of being too soft on Wall Street. He argues that
One reason — which has never been directly addressed by Obama — may be that many of his chief financial advisers have pocketed extraordinary amount [sic] of money from banks and Wall Street, and presumably intend to do so again. They are part of the banker class, and their loyalties have been bought and paid for.
By taking the money, Froomkin says, “they’ve essentially disqualified themselves from public service.” Unless they act demonstrably against their past partners in finance, “they should step down and make way for people who see the people’s side of things a little more clearly.”
Froomkin, an investigative veteran who came to prominence as a leading critic of the Bush administration, is a leading progressive voice, his columns often on the pulse of the increasingly assertive Democratic base.
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