Presidet Trump is acting on his campaign promise of "draining the swamp" in Washington. His latest executive order aims to reform Washington's influential lobbying industy, writes Chris Mackenzie of The Hill. The order bans administration officials from lobbying for five years after they leave office and prohibits them from lobbying on behalf of foreign entitities. Trump now needs to close lobbying loopholes to further crack down on special interest influence groups.
President Trump is going back on his campaign promise of "draining the swamp." Instead, writes Will Hutton in The Guardian, Trump is cozying up to Wall Street bankers by including two Goldman Sachs veterans as his Chief Economic Advisor and Treasury secretary. Both men are far from being on the side of "the little guy," warns Hutton, and plan on overhauling the Dodd-Frank finacial regulations put in place by the Obama Administration after the 2008 financial crisis.