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He was already a billionaire before he got elected. What I find particularly disgusting is how lifelong politicians with relatively meager (compared with the pr
by kyleblarson 6y ago
He was already a billionaire before he got elected. What I find particularly disgusting is how lifelong politicians with relatively meager (compared with the private sector) salaries can become so wealthy while in office. But yes the revolving door is a thing and it should be addressed. Yellen earned over 7 mil in speaking fees in the last two years. It is impossible that that will not have any influence over her decisions when she's back at the Fed.
- rchaud 6y agoPretty much every major figure in the Fed (and minor figures too) has come straight from from Goldman or JPMorgan or some other major bank. It's called a 'revolving door' for a reason.
- deleted 6y ago[deleted]
- Larrikin 6y agoThere's no evidence, besides self reporting to tabloids and magazines, Trump ever came close to being a billionaire.