"Weiss supporters in the White House and on Wall Street were stunned."

[ieoeja]

49. Translation

“In this case, the thing Warren was against — adding another Wall Street anti-regulatory guy — wasn’t even remotely true,” said one senior Wall Street Democrat who has worked in government but, like many interviewed for this article, declined to be identified by name to avoid Warren’s wrath. “There is no one in government right now who has any market or finance experience. It’s not like there are ‘too many.’”

...snip...

The White House nominated Weiss, a highly respected Wall Street banker at boutique firm Lazard, on Nov. 12. Treasury wanted him because no one in its top leadership tier — including Lew and deputy secretary Sarah Bloom Raskin — had any real financial markets experience.

Lew worked briefly at Citigroup, as did under secretary for international affairs Nathan Sheets. Raskin worked for a time at Promontory Financial Group. But none had the kind of deep relationships or international financial experience that Weiss did. And Weiss, in addition to his work on Wall Street, was a big financial supporter and bundler for President Barack Obama.

In that first paragraph, one senior Wall Street Democrat apparently meant to say, "there are lots of people in government right now who have plenty of market or financial exerience, but they don't have close enough ties to the decision makers in the industry".