Hostile Takeover Wall Street Assumes Command of Joe Biden Transition Team

Wall Street and the biggest U.S. banks, after spending a fortune to unseat President Trump, are getting key spots in Democrat Joe Biden’s transition team that he has devised before the presidential election is certified.

BY JOHN BINDER | November 11, 2020

Detailed by the New York Times, Biden’s list of transition team members includes former Wall Street employees and those with close ties to Wall Street. Many of the big banks with links to Biden transition team members were major donors to the former vice president.

The Times reports:

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On the campaign trail, President Trump warned that Biden was “the one that takes all the money from Wall Street” while his donors tended to be police officers, business owners, homemakers, truckers, construction workers, and drivers.

The progressive wing of the Democrat Party has attempted to push back against Biden’s potential for stacking an administration with Wall Street executives and those with deep ties to multinational corporations.

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