As momentum builds behind Lyndon LaRouche’s call for President Trump to drop the nomination of Steven Mnuchin, a George Soros collaborator, as Treasury Secretary, Wall Street networks in Congress are intent on pushing his confirmation through as quickly as possible. Senate Finance Committee chairman, Orrin Hatch, a Republican from Utah with deep ties to Wall Street, abruptly announced on Sunday, Jan. 29, that he would end debate in the Committee to allow a vote, as early as the evening of Jan. 30.
Democratic Senators blocked the vote on that evening, and then boycotted the session the next day and the day after in protest, as they felt the secretary-designate had not answered their questions adequately and/or had deliberately withheld information. As a result, the Republicans took the extraordinary step of changing the rules to allow the vote to be validated even without the presence of at least one representative of the Democratic party.
Steven Mnuchin had run into trouble in an exchange on Jan. 19 with Washington State Senator Maria Cantwell, about whether he supports a return to Glass-Steagall. Mnuchin first claimed that the Federal Reserve believed re-enacting such bank separation would reduce liquidity to the banks, but the report he referenced concerned Dodd-Frank, President Obama’s phony banking reform bill, not Glass-Steagall. Mnuchin then said he would favor “modifying” Dodd-Frank, rather than restoring Glass Steagall.
This is not surprising, given his history. Already, many Trump supporters were dismayed by his nomination, as he had worked for 17 years at Goldman Sachs, a “Too Big to Fail” bank which, thanks to the repeal of Glass Steagall in 1999, was able to trade worthless mortgage-backed securities, backed by government agencies (Fannie Mae and Freddie Mac), then get bailed out by the taxpayers when the housing bubble they created popped in 2008. During his campaign, Trump repeatedly blasted Goldman Sachs by name, as a predatory bank that backed his Republican opponents, and Hillary Clinton.
In an address in Charlotte, North Carolina, Trump attacked Dodd-Frank as a “disaster” which is making it “harder for small businesses to get the credit they need,” and made an appeal for restoring Glass Steagall. Thus, Mnuchin is explicitly at odds with the President.
But this story goes deeper, as LaRouchePAC activists are emphasizing. Mnuchin joined with British Empire operative George Soros in 2002, when the mega-speculator recruited him to run the Soros-backed SFM Capital, which was created to buy “risky assets”. Mnuchin also worked for Soros Fund Management. With Soros’ financial backing, he founded Dune Capital Management, and in 2009, took over the failed IndyMac bank, with $9 billion in backing from the FDIC, again with Soros as a partner.
Just two weeks ago at the World Economic Forum in Davos, the same Soros stated he is fully committed to seeing President Trump fail. He confidently stated that the President’s fall would not be because of him, but because of “conflicts within his administration and Cabinet”.
It is now up to Donald Trump and his supporters to decide if they want a Soros mole in his Cabinet.