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The Democratic base, still scarred from the 2016 election, is frantic not to count its chickens before they hatch. But Wall Street and corporate America have no such qualms. As Joe Biden leads in national polls and swing states, the most powerful firms in the country are seeking assurances that his administration won’t crack down on their crimes.
For many, that means tapping the Obama-era alumni and other well-connected Democrats whom they’ve strategically hired to see who’s ready to take a trip through the revolving door. This is why prominent House progressives like Alexandria Ocasio-Cortez and Katie Porter have called on Biden to ban corporate appointees from his administration.
The bellwether for corporate infiltration of a Democratic