Chapter 1027: 351. Acquisition of General Electric_2

On the train, Mia Bock seemed very curious, chattering away, making Donnie’s journey not lonely at all!

Upon arriving in Washington, Donnie went directly to the White House and met Coolidge!

“Donnie, congratulations!”

As soon as he saw Donnie, Coolidge immediately extended his congratulations, “After acquiring the Warburg Company, your New Jersey Consortium has grown even larger!”

Donnie smiled and said, “As the New Jersey Consortium strengthens, our power also becomes stronger!”

Coolidge knew Donnie was referring to their mutual interests, so he laughed heartily after hearing this.

However, after laughing, Coolidge still asked Donnie, “Donnie, I know you wouldn’t come to Washington suddenly, just tell me what’s going on!”

Donnie didn’t engage in small talk, and directly stated his intention: “Dear Coolidge, as you know, Venus Bank is now the largest shareholder of General Electric. Now that affairs in Europe have ended, I’m thinking, why can’t Venus Bank take a step further and have complete control over General Electric?”

Coolidge had anticipated that Donnie might have significant plans in Washington, but was surprised that Donnie’s ambition was to wholly control General Electric!

“Donnie, if I remember correctly, Warburg Bank has already started acquiring Westinghouse shares on the market, striving to gain absolute control over Westinghouse, isn’t it?”

Donnie nodded and said, “Yes, the investment department of Venus Bank is working on this!”

Coolidge sighed and said, “I believe with your current financial strength, obtaining control over Westinghouse is just a matter of time. But now you also want to control General Electric; you should know what impact this could have?”

Donnie said, “I anticipate that there will be opposition to this, and significant problems will arise!”

Coolidge smiled wryly and said, “Since you already know these things, then I won’t say much. You should be aware that even though I am the President of the United States, it’s not that I can do whatever I want?”

Since Donnie came to see Coolidge, he naturally had thought this through. If he didn’t present some chips, Coolidge wouldn’t be able to help him strive for this matter.

“What if I let the Federal Reserve become the largest shareholder of the Portuguese central bank, with Venus Bank managing it?”

This matter was previously discussed between Donnie and Coolidge, but at that time Donnie did not want to involve the Federal Reserve, only letting Venus Bank handle it alone. Of course, at that time Donnie also suggested that if Venus Bank could become the largest shareholder of the Portuguese central bank, it would cooperate with the United States’ arrangements in Portugal.

Moreover, Donnie acted as a mediator and introduced Portugal’s top warlord, Antonio Carmona, to The White House, personally sponsoring some of Antonio Carmona’s military actions while attributing part of the credit to The White House.

Although everyone says the Federal Reserve is independent from The White House!

However, it was previously mentioned that before the Federal Reserve becomes fully grown, The White House still has significant constraints on it!

Now with Donnie’s layout in Portugal, and willing to let the Federal Reserve become the largest shareholder of the Portuguese central bank, he is actually giving up some of his future interests in Portugal.

After the land demand of The White House reached a satisfying state, their interest in territorial expansion waned. They preferred using financial means to control a country!

Therefore, when Donnie proposed this condition, Coolidge was somewhat moved: “If that’s the case, coupled with our support, I think it will be easier!”

Thinking of this, Coolidge said to Donnie, “I need to consult with Herbert Hoover!”

Upon saying this, regardless of Donnie being present, Coolidge directly picked up the phone from the oval office desk, called Herbert Hoover, and asked him to come to his presidential office!

Soon, Herbert Hoover, the Secretary of Commerce, arrived at the presidential office. Upon seeing Donnie, Herbert Hoover also enthusiastically extended his congratulations!

Herbert Hoover and Coolidge had long been in a community of interests with Donnie!

Thus, the pleasantries were directly omitted.

Coolidge conveyed Donnie’s ideas completely to Herbert Hoover!

After listening, Herbert Hoover was also shocked by Donnie’s ideas, but seriously contemplated them.

“If you can truly let the Federal Reserve become the largest shareholder of the Portuguese central bank, I think it will satisfy many people’s vanity; this matter is feasible!”

Donnie smiled; he was waiting for this statement from Herbert Hoover.

“However, Donnie, this matter doesn’t end here. You should know, during Coolidge’s tenure, whether you acquire General Electric or merge General Electric with Westinghouse, we can assist you. But if someone else becomes the President of the United States in the future, they can alter the current policies!”

Herbert Hoover reminded Donnie.

Donnie sat on the sofa, looking at Herbert Hoover, then at Coolidge, suddenly understanding Herbert Hoover’s meaning.

“Herbert, have you considered running for President of the United States after Coolidge’s term ends?”

Donnie threw out another chip!