Mike Bloomberg and the JP Morgan CEO who played a key role in 2008’s financial crash are in line for posts in Democratic presidential frontrunner Joe Biden’s cabinet, according to a high-profile “leak” that has angered many.
The centrist candidate’s alleged cabinet picks were floated on Axios on Monday, citing “top sources” including Biden advisers. Aside from Massachusetts Senator Elizabeth Warren, who dropped out of the race last week but has yet to endorse another candidate, the roster included polarizing plutocrats like Bloomberg (tapped to lead the World Bank) and JP Morgan CEO Jamie Dimon, whose role in the 2008 housing crisis few have forgotten, for the Treasury Department.
While Biden has notoriously said in the past that “nothing would fundamentally change” under his presidency, many were infuriated at the candidate’s naked subservience to Wall Street – and insulted that his advisers might try to paper over such truckling to the oligarchy with the appointment of a progressive favorite like Warren to some token position.
BREAKING: Joe Biden is considering billionaires Jamie Dimon and Mike Bloomberg for his cabinet. A vote for this man is a vote for cartel and oligarchy.To put that in simpler terms: Joe Biden’s administration is going to kill people for money on purpose. https://t.co/wwZF9nZulI
— Aren R. LeBrun (@proustmalone) March 9, 2020
Joe Biden is considering Michael Bloomberg and Jamie Dimon for his cabinet. So much for "Vote Blue No Matter Who." If he thinks appointing Warren as his Secretary of Treasury will somehow appease us, he has got to be freaking kidding me. #BernieOrBust
— #BernieOrGreen #LearnMMT