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safeinOhio

(32,675 posts)
Mon Dec 24, 2018, 03:54 PM Dec 2018

Mnuchin can't stand up to his boss

Imagine missing Donald Regan, President Reagan’s famously irascible Treasury secretary, on Christmas Eve. Imagine spending a morning normally devoted to preparing to mark the birth of a savior brushing up on the exact requirements of the 25th Amendment for removing a president of the United States from office.

But that’s what I did, as more of your retirement money and mine was flushed down the toilet, courtesy of current Treasury Secretary Steven Mnuchin’s utterly inexplicable decision this weekend to weigh in publicly on big U.S. banks’ ability to withstand a run that literally no one had said was happening, as part of a panicking administration’s unwillingness to tell President Donald Trump “no” about anything.

“I’ve got fuck-you money,” said Regan, reportedly. “Anytime I want, I’m gone.”

https://www.marketwatch.com/story/mnuchin-cant-stand-up-to-his-boss-and-its-costing-you-money-2018-12-24

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