Also noteworthy is Goldman Sachs’ control over U.S. politics and, thus, U.S. policy. The last several Treasury Secretaries – Henry Paulson (George W. Bush), Tim Geithner (Barack Obama), and Steve Mnuchin (Donald Trump) – were all Goldman Sachs employees prior to overseeing the U.S. Treasury. Goldman also has more than 30 ex-government officials working as its lobbyists on Capitol Hill and contributes thousands to political campaigns to ensure the loyalty of powerful politicians. Not surprisingly, Goldman Sachs has avoided prosecution for its numerous crimes and has prevented the U.S. government from passing any meaningful banking reforms thanks to its strong government ties. Essentially, Goldman Sachs has free license to do as it pleases, to the detriment of everyone else.
