U.S. Sen. Bernie Sanders (I-Vt.) announced Sunday that he intends to join Sen. Elizabeth Warren (D-Ma.) in opposing the confirmation of Wall Street investment banker Antonio Weiss to be Undersecretary of Domestic Finance at the Treasury Department.
Last week President Obama nominated Weiss, head of global investment banking for the financial giant Lazard, to become the administration’s new Under Secretary for Domestic Finance. Weiss has spent the last 20 years of his career at Lazard — most of it advising on international mergers and acquisitions. Lazard helps clients avoid U.S. taxes by sheltering profits in other countries.
Sanders urged President Barack Obama to withdraw the nomination.
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