America 1919

Chapter 1590 582: All Eyes on Atlantic City

The sudden entry of Venus Bank made the already clear battle between Wall Street bankers and Franklin Roosevelt's New Deal suddenly become mysterious again.

The bankers on Wall Street believed that Venus Bank was about to enter.

And Franklin Roosevelt's supporters, who thought they had a sure victory, were now facing a formidable enemy.

They did not want Donnie to enter because they knew Donnie's influence better than anyone else.

In this situation, Atlantic City and Washington suddenly became the focus.

Many CEOs of Wall Street banks came to Atlantic City.

They hoped to get a definite answer on Donnie's entry.

The most active among them was Tom Lamont.

Besides being a senior partner at Morgan, he also had his own bank on Wall Street.

"Mr. Block, everyone was very excited after hearing your statements and very much hopes that you can step forward to lead us against the President's New Deal.

Roosevelt's New Deal is entirely against all of us on Wall Street.

He forgot who provided enough funds to the U.S. Government when they were short of money.

And also forgot who negotiated with European countries when the U.S. external debt was unpayable!

Now, instead of saying Roosevelt's New Deal is against us on Wall Street, it is more about supporting those behind him!"

Before this, Wall Street had always been a supporter of the Republican Party, and every U.S. election, Wall Street would provide substantial election funds to Republican candidates.

Donnie showed a calm smile in response to Tom Lamont's lobbying.

"Mr. Lamont, there's something you got wrong; it wasn't me who spoke, but Venus Bank.

And Venus Bank opposes the transfer of Federal Reserve's power to the government.

As for President Roosevelt's New Deal, our Venus Bank holds a wait-and-see attitude!"

Tom Lamont did not expect Donnie would answer like this, which means Donnie was not truly joining this battle?

Indeed, Tom Lamont and those Wall Street bankers had already treated this confrontation as a battle.

"Mr. Block, you hold a very high reputation in the United States, and people are willing to believe what you say.

Wall Street has always been your most solid partner. If this time Wall Street is defeated by Roosevelt's New Deal, it won't be good for your business either!"

Faced with Tom Lamont's persuasion, Donnie remained unmoved, "If the American people can return to their previous lives because of this New Deal,

then Venus Bank is willing to pay any price for it!"

Tom Lamont sighed internally. Donnie had become the most influential figure in the United States in just over a decade.

It's not without reason.

This shameless demeanor cannot be learned by others.

Tom Lamont was very clear. The impact of this New Deal on Venus Bank could be said to be negligible.

So, up until now, Donnie was still watching the situation from the sidelines.

Only when the New Deal aimed at the Federal Reserve, affecting Donnie's core interests, did Donnie speak out.

This involves a fundamental factor; Wall Street's success or failure is actually unrelated to Donnie's interests.

So he could face these matters so easily.

To make Donnie enter the battlefield, he needs to gain tangible benefits.

"Mr. Block, I have already talked with my colleagues on Wall Street.

Everyone is very respectful and admiring of Mr. Block and hopes that Mr. Block can lead us forward.

So everyone is very willing to accept Mr. Block as a shareholder of our bank!"

Donnie raised his eyebrows slightly, not expecting that Franklin Roosevelt had already forced these Wall Street bankers to this extent!

They were willing to make sacrifices hoping he would enter.

But the more they did this, the more he couldn't enter.

Indeed, using this opportunity could let Venus Bank further control Wall Street.

But there was no need.

The first is his alliance with Franklin Roosevelt.

Although there were some unpleasant incidents before, it did not affect their alliance.

Secondly, the problem still lies with Franklin Roosevelt.

His election as President of the United States at this time point was too important.

The United States entered the Great Depression period, and during this period, Franklin Roosevelt's power had become very large.

Then the world quickly entered into war, and during the war period, Franklin Roosevelt's power became even greater.

It could be said that Franklin Roosevelt was one of the most powerful among the 32 Presidents of the United States.

In such a situation, one could appropriately ask for benefits from Franklin Roosevelt with their influence, but they couldn't truly stand on the opposite side.

This does not align with Donnie's interests.

While Wall Street is important, it's not the most important.

Moreover, Tom Lamont and others now need him to enter, to act as their Vanguard Officer, which is why they are willing to pay such a huge price.

But after the dust settles?

There is nothing these people wouldn't do.

After analyzing the pros and cons clearly, Donnie could only smile and refuse Tom Lamont's lobbying.

"First of all, I personally am very grateful for Wall Street's trust, but regarding Wall Street's operations, I actually don't understand them that well.