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Trump’s Rex Tillerson Secretary of State Appointment is More than a Quid Pro Quo to Putin

Trump’s Rex Tillerson Secretary of State Appointment is More than a Quid Pro Quo to Putin

Author: Ari Socolow on December 10, 2016

Donald Trump's decision to appoint Rex Tillerson as the US Secretary of State is a gift to Vladimir Putin to enable Putin directly to influence US foreign policy around the World.

As the head of Exxon, Tillerson signed an agreement with Putin in 2011 to drill in the Arctic that would have been worth over $150 billion to Russia but has since been suspended by the 2014 US economic sanctions resulting from Russia’s annexation of the Crimea. Tillerson was awarded the Order of Friendship by Vladimir Putin in 2013.

Prior to becoming CEO of Exxon in 2006, Tillerson was in charge of Exxon Neftegas which oversaw Exxon projects in Russia, including Sakhalin-1 and its Caspian Sea projects.

Make no mistake, Putin and nobody else has directed Trump to appoint Tillerson as Secretary of State.

Read more about the implications of a Russian controlled White House here and protect yourself by investing as fully as possible in the best savings account rates identified here.

Ari Socolow: Ari Socolow is the Chief Economist and Editor-in-Chief at BestCashCow. He is particularly interested in issues relating to bank transparency and the climate crisis. Since co-founding BestCashCow in 2005, Ari has been frequently cited in the media as an expert on local and national savings accounts, CD products, mortgage and loan products and credit card rewards products.