During the U.S. presidential campaign last year, Jake Sullivan, who is now national security adviser to President Joe Biden, criticized the administration of then-President Donald Trump for having prioritized policies beneficial to Wall Street.

“Why, for example, should it be a U.S. negotiating priority to open China’s financial system for Goldman Sachs?” he asked.

Similar sentiments were expressed by Biden himself. In his address to a joint session of Congress in April, he received a round of applause when he said, “Wall Street didn’t build this country. The middle class built this country.”