Following his resignation, the former White House press secretary and communications director tweeted: “It’s been an honor & a privilege to serve @POTUS @realDonaldTrump & this amazing country. I will continue my service through August.”
Melissa McCarthy plays Sean Spicer on ‘SNL’ Zero Hedge reports: Mr. Trump offered Mr. Scaramucci the job at 10 a.m. The president requested that Mr. Spicer stay on, but Mr. Spicer told Mr. Trump that he believed the appointment was a major mistake, according to person with direct knowledge of the exchange. News of Spicer’s resignation was promptly greeted with trolling by many…
Meanwhile, as noted above, Trump appointed former SkyBridge Capital founder Anthony Scaramucci as White House Communications Director.#
While news of Scaramucci’s appointment first broke on Thursday night, White House chief of staff Reince Priebus tried to scuttle the appointment of Scaramucci due to a reported long-running feud with him, according to Breitbart, which adds that Steve Bannon, the ex-Executive Chairman of Breitbart News now the White House chief strategist, also objected to the Scaramucci appointment.
Bannon and Priebus have an alliance inside the White House where they are frequently at loggerheads with the “West Wing Democrats” like National Security Adviser H.R. McMaster, National Economic Council director Gary Cohn, Jared Kusher, Ivanka Trump, and others.
Those opposed to the Scaramucci appointment did not succeed.
Wall Street stocks plunged Thursday after Sean Spicer announced President Trump is “committed to breaking up the banks” as the campaign to drain the swamp and uproot the establishment moves into high gear.
Trump recently pledged to “do a big number“ on the Wall Street reform law known as Dodd-Frank, and now spokesman Spicer has confirmed Trump is also committed to honoring his pre-election pledge to bring back Glass-Steagall.
Bringing the Great Depression-era law back will force the mega banks to break themselves apart by separating their Wall Street investment bank divisions from their Main Street checking account businesses.
Spicer’s confirmation that President Trump plans to bring back Glass-Steagall, which was repealed in 1999 under President Clinton, has already upset Wall Street banksters and sent mega bank stocks tumbling in afternoon trading.
Taking care of the people, not the establishment
Trump bashed big banks before the election, especially Goldman Sachs. Breaking up the banks would appeal to Trump’s winning message of draining the swamp, returning the power to the people, and splintering the establishment.
Besides reigning in bankster profiteering, bringing back Glass-Steagall will also solve the Too Big To Fail problem exposed by the 2008 financial crisis.
The commitment to break up the banks should come as no surprise to close observers of Trump’s administration. President Trump has bamboozled his critics by rapidly moving to honor all of his campaign pledges, faster than any elected official in living memory.
Besides, Steve Bannon, Trump’s chief strategist, has been pushing to overhaul the out-of-control financial sector for years.
Bannon (a former Goldman Sachs banker) told BuzzFeed that he believes “you really need to go back and make banks do what they do: Commercial banks lend money, and investment banks invest in entrepreneurs and to get away from this trading.”
That’s Glass-Steagall in a nutshell.
so I can keep this gig up of informing you & people like you! xo
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