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Trump’s Team of Faux Populists and Real Crony Capitalists

For progressive Democrats, the challenge now is not just to fight Trump’s policies but also to listen to the people he is betraying.

Katrina vanden Heuvel

December 6, 2016

President-elect Donald Trump’s Treasury secretary pick, Steven Mnuchin, walks in the lobby of Trump Tower on November 14, 2016.(AP Photo / Evan Vucci)

“My whole life I’ve been greedy, greedy, greedy. I’ve grabbed all the money I could get. I’m so greedy,” President-elect Donald Trump boasted last January. “But now I’d like to be greedy for the United States.”

Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.

It was a compelling story: the rapacious mogul turned Robin Hood, setting out to reform the rigged system that made him rich in the name of the common good. But that tale was always fiction, as Trump’s economic platform of corporate tax breaks and deregulation should have made obvious. Now, Trump’s transition has ended any remaining doubts that his promise to “drain the swamp” of corrupt government was a lie. Based on his post-election moves, it seems the Trump White House will be an experiment in crony capitalism on steroids.

After playing to the country’s populist mood as a candidate, Trump has surrounded himself almost exclusively with corporate elites. While the appointments of chief strategist Stephen K. Bannon and attorney general nominee Senator Jeff Sessions (R-AL) fired up his base, Trump has loaded up his transition and cabinet-in-waiting with members of the establishment he claimed he would crush. Trump’s team, with few exceptions, is filled by the “swamp creatures” we’d expect in virtually any Republican administration.

Read the full text of Katrina’s column here.

Katrina vanden HeuvelTwitterKatrina vanden Heuvel is editorial director and publisher of The Nation, America’s leading source of progressive politics and culture. She served as editor of the magazine from 1995 to 2019.


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