To The Wall Street Journal‘s Nick Timiraos, PPI President Will Marshall defended the use of Wall Street appointees to high-level presidential administrative positions:
Some Democrats have faulted that approach. ‘The idea that you have to excommunicate anybody who ever worked in the financial sector is ridiculous,’ said Will Marshall, president of the Progressive Policy Institute, a centrist Democratic think tank. ‘We need people who oversee the Federal Reserve system and have high posts at Treasury that have expertise in finance.'”
Read the article in it’s entirety at The Wall Street Journal.