November 17, 2016
HILLARY LITE:
Trump Team Floats 'Infrastructure Bank' After Campaigning Against One (Eric Levitz, 11/16/16, New York)
Hillary Clinton campaigned on an infrastructure plan that included a $25 billion seed investment in an "infrastructure bank." Donald Trump's campaign assailed that proposal, describing it as a nefarious, wasteful entity that would be "controlled by politicians and bureaucrats in Washington."But now, Trump's favorite politicians and bureaucrats in Washington -- the members of his transition team -- are floating the "infrastructure bank" idea as their own. Per Bloomberg:Steven Mnuchin, a member of the team's executive committee who was recommended for the position of Treasury secretary, said in brief comments to reporters Wednesday that a "very big focus is regulatory changes, looking at the creation of an infrastructure bank to fund infrastructure investments."
Posted by Orrin Judd at November 17, 2016 5:47 PM