Mainstream media, by nature, deals with sensationalism: if it burns and bleeds it leads. President-elect Joe Biden has taunted his upcoming administration not only as a sharp contrast to Donald Trump, but as one of the most progressive administrations in modern times.

But does it measure up?

Many people have been added on to the Biden transition agency review teams. In the early days, just after the election, hundreds of people from all walks of life are added to the transition committees.

But in the aftermath of post-election controversies and lawsuits, the top players in the Joe Biden transition teams have added a host of players in key positions who are Washington insiders and Wall Street elites.

Goldman Sachs will have formidable pull in the Joe Biden administration. McKinsey and Company and the Boston consulting group will have a front seat at the table. All of these financial consulting groups are tied to one another and specifically intertwined in international commerce.

Three important Facebook employees as well as one Google employee have jockeyed their way into key positions of influence.

The key influencers will have considerable impact in areas such as cybersecurity, homeland security, Commerce Department, Health and Human Services and believe it or not, the consumer financial protection Board.

All in all, it’s a big win for Wall Street and the 1%.