Angus King: Trump's not draining swamp, he's adding alligators

Sen. Angus KingAngus Stanley KingHillicon Valley: Judge approves AT&T-Time Warner deal in blow to DOJ | Dems renew push to secure state voting systems | Seattle reverses course on tax after Amazon backlash | Trump, senators headed for cyber clash | More Tesla layoffs Trump, senators headed for clash on cyber policy For .2 billion, taxpayers should get more than Congress’s trial balloons MORE (I-Maine) says Donald TrumpDonald John TrumpEx-ethics chief calls on Trump to end 'monstrous' migrant policies Laura Bush blasts Trump migrant policy as 'cruel' and 'immoral' US denies report of coalition airstrike on Syria MORE’s Treasury secretary pick is one of the wealthy insiders the president-elect campaigned against.

“It does strike me as an odd way of draining the swamp to bring in a new alligator from Wall Street,” King on Thursday told CNN’s “New Day” about Steven Mnuchin.

ADVERTISEMENT
“I’m not reflexively opposed to Mr. Mnuchin, but I do think there’s an irony here of bringing someone with a history with Goldman Sachs into the top of economic policy,” added King. "I think there’s a larger issue here of who should be in charge of the American economy."

King, an independent who caucuses with the Democrats and backed Hillary ClintonHillary Diane Rodham ClintonThere are many unanswered questions about FBI culture FBI agent who sent anti-Trump texts offers to testify on Capitol Hill Giuliani wants 'full and complete' investigation into Russia probe's origins MORE for president, said he would hear Mnuchin out before deciding whether to vote for his confirmation.

“I don’t know if it rises to the level of concern as far as confirmation is concerned,” he said. “I’m going to wait until the hearings and see what the testimony is and what the background is."

Mnuchin, who has never served in government, on Wednesday confirmed Trump is tapping him for Treasury secretary. The former Goldman Sachs partner previously served as national finance chairman of Trump’s presidential campaign.

Mnuchin told reporters later Wednesday that Trump wants “the most significant middle-income tax cut since [former President Ronald] Reagan.”

“This is going to be a tremendous boon to the economy,” he said at Trump Tower in New York City, calling the policy a top priority for the incoming administration.

Democrats have quickly pounced on Mnuchin’s vast fortune and ties to wealthy Wall Street firms as disqualifying.

Sens. Bernie SandersBernard (Bernie) Sanders If Congress takes no action, the Social Security trust fund will become depleted in 2034 Ex-campaign manager: Sanders is still eying another presidential bid DNC chair backing plan to cut superdelegates opposed by Dem lawmakers MORE (I-Vt.) and Elizabeth WarrenElizabeth Ann WarrenTrump to nominate budget official as next consumer bureau chief Sessions floats federal law that would protect states that decriminalize marijuana Bank regulator faces backlash over comments on racism MORE (D-Mass.) on Wednesday blasted Mnuchin as “just another Wall Street insider."