Originally published on Inequality.org It’s been a very good year for Wall Street. The S&P 500 reached record highs week...
Archive for month: January 2018
TOWS Brief: Wall Street Makes Bank on Trump
On the first anniversary of the Trump administration, the Take on Wall Street coalition catalogs the ways that Wall Street made bank on Trump in 2017.
TOWS Statement: Wall Street Makes Bank on Trump: 2017 in Review
The report includes facts about lobbying spending that hit $2 billion in the last election cycle, and continues unabated, Wall Street executives in the Trump administration and regulatory agencies, tax cut windfalls for the finance industry, and a deregulatory free-for-all. It also includes a case study of how Wells Fargo’s outrageous conduct somehow earned it the distinction of being the biggest winner from the Trump-Republican tax bill.