In a press release, the groups highlighted the links between Citigroup—which has lobbied extensively on the TPP, TTIP, and Fast Track authority—and Froman, who they note “received a more than $4 million golden parachute from Citigroup upon leaving the large financial institution to join the Obama administration in 2009.”
In particular, the letter’s signatories are concerned that provisions in proposed trade agreements like the Trans-Pacific Partnership (TPP) or the TransAtlantic Trade & Investment Partnership (TTIP) would weaken or rollback existing U.S. financial regulations, for the benefit of big banks.
As many people have accurately noted, what’s far more important than the President him or herself, is the people who end up surrounding the executive. These are the people who will formulate and implement various policies of national importance, particularly when it comes to enforcing, or…
