Mr. Speaker, the Prime Minister's infrastructure bank will take $35 billion from taxpayers to backstop profits for well-connected investment bankers, pension fund managers, and their clients. The problem is that these same wealthy and well-connected one percenters are the ones actually helping set up the bank.
BlackRock, the world's largest asset manager, is not just in the room giving advice to the Prime Minister; it is in the room to actually represent its clients.
Why can the Prime Minister not see this as the conflict that it is?