CNBC's Andrew Ross Sorkin speaks out about President-elect Trump's nomination of current and former Rep. Matt Gaetz (R-Fla.) for attorney general, saying the decision had an unjust outcome. .“Change in tone”For Wall Street CEOs.
“Up until that moment, many of them were frankly all smiles about where the market was going,” he said. “when [the nomination] When I first learned about the call, some people, including myself, by the way, thought it was a parody account. ”
“The change in tone from things like 'Wow, we're going to have a great economy' and 'We don't need to worry' to 'Okay, maybe we don't have to worry about it now.' It happened in the blink of an eye,” he added.
Several current and former members of Congress have expressed concerns about Gaetz's nomination process, with former House Speaker Kevin McCarthy (R-Calif.) predicting the former Florida congressman will not be confirmed by the Senate.
Sen. Joni Ernst (R-Iowa) said Gaetz's nomination would be an “uphill climb,” and Judiciary Committee member Sen. Thom Tillis (R.N.C.) said Gaetz's nomination would be “uphill.” “I've been given a certain amount of work,” he said. ” to get enough votes to pass the Senate.
Gaetz was under investigation by the House Ethics Committee on multiple charges, including sexual misconduct and illegal drug use. But with his resignation from the House, the committee no longer has jurisdiction, although it could still vote to release the report. Gates was previously investigated by the Justice Department for allegedly having sexual relations with underage girls, but the investigation was closed last year. He denies any wrongdoing.
