| − | In the Republican party today, there is sometimes a political tension between the interests of Wall Street and Main Street. For example, Main Street was reluctant to support the $700 billion bailout for Wall Street in the [[Financial Crisis of 2008]].
| + | Today there is sometimes a political tension between the interests of Wall Street and Main Street. For example, Main Street was reluctant to support the $700 billion bailout authorized by Congress in the [[Financial Crisis of 2008]]. |
| − | Historically, populists, agrarians and liberals have been hostile to Wall Street, as typified by [[Thomas Jefferson]], [[Andrew Jackson]] and [[William Jennings Bryan]]. Under President [[Bill Clinton]], however, leading Wall Street financiers played a major role in shaping his economic policies, especially Robert Rubin, his Treasury Secretary. | + | Historically, populists, agrarians and liberals have been hostile to Wall Street, as typified by [[Thomas Jefferson]], [[Andrew Jackson]] and [[William Jennings Bryan]]. Under President [[Bill Clinton]] leading Wall Street financiers played a major role in shaping economic policies, especially Robert Rubin, his Treasury Secretary. |