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Report: Jeb Bush to Remain as Adviser to British Banking Giant Barclays

Report: Jeb Bush to Remain as Adviser to British Banking Giant Barclays

In an appearance on “Varney & Co.” on the Fox Business Network on Tuesday, network correspondent Charlie Gasparino reported that despite announcing he is forming an exploratory committee to run for president in 2016, former Gov. Jeb Bush (R-FL) will remain as a senior adviser to British multinational banking giant Barclays.

“Jeb’s weak underbelly I think is his association with the bank industry,” Gasparino explained. “If you talk about the populist wing of the Republican Party, the tea partiers they are very skeptical of banks and we do know Jeb was an adviser to Lehman Brothers in the 2008 financial crisis. He remains an advisor to Barclays, which bought Lehman Brothers now. And what the people at Barclays are telling us now that even as he creates this exploratory committee, Jeb Bush is remaining as a senior adviser to Barclays.

Gasparino speculated that may not be the case going forward.

“Now, I think by the end of the week that will be over. This spells the biggest trouble he has with certain aspects of the Republican Party. You guys know this better than I. Conservatives don’t support him because of his support of Common Core, that kind of curriculum, that kind of education curriculum and nationwide curriculum. They don’t like some of his stances on immigration but where Republicans may agree on everything is the Republican Party generally is not in favor of big banks and some of the stuff they do and this is what will hurt him going forward.”

Follow Jeff Poor on Twitter @jeff_poor

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