'For-Profit President': A Look at How Trump Is Pushing Wholesale Corporate Takeover of the Gov't

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'For-Profit President': A Look at How Trump Is Pushing Wholesale Corporate Takeover of the Gov't

President Donald Trump has facilitated "a wholesale corporate takeover of the government," says Public Citizen. (Photo: Jeso Carneiro/flickr/cc)

There has been a wholesale corporate takeover of the government. That’s the conclusion of a new report coming out today by the watchdog group Public Citizen. The report looks at how corporate America has benefited from Trump’s first month in office. Rex Tillerson, the former CEO of Exxon, is now secretary of state. Goldman Sachs alum now serve several top posts: Steven Mnuchin as treasury secretary, Stephen Bannon as Trump’s chief strategist and Gary Cohn as director of the United States National Economic Council. Trump has also signed executive orders to help undo the Dodd-Frank Wall Street reform law and repeal rules requiring financial advisers to give advice based on their customers’ best interests.

Democracy Now! speaks to Robert Weissman, president of Public Citizen:

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