Trump is stacking his White House roster with uber-rich backers
- President-elect Donald Trump is filling his next administration with billionaires and other mega-wealthy figures.
- The richest by far is Elon Musk, whom Trump has tapped to co-lead a bespoke advisory group tasked with slashing purported government waste.
- Some of Trump’s most affluent other picks include Warren Stephens, Stephen Feinberg, Kelly Loeffler, Jared Isaacman, Howard Lutnick, Linda McMahon, Scott Bessent and Dr. Mehmet Oz.
Donald Trump’s first administration was chock full of super-rich figures whose combined wealth exceeded $5 billion, marking an unprecedented marriage of money and executive power.
Trump’s second term could make that total look like chump change.
More than half a dozen of the Republican president-elect’s picks for his incoming administration are either confirmed billionaires or widely speculated to be. Numerous others are multi- or centimillionaires.
The richest by far is Elon Musk, whom Trump has tapped to co-lead a bespoke advisory group tasked with slashing purported government waste.
Musk, the CEO of Tesla and SpaceX, is the world’s wealthiest person, with estimates placing his net worth above $346 billion and as high as $362 billion.
Vivek Ramaswamy, the entrepreneur and former presidential candidate working with Musk on the so-called Department of Government Efficiency, is worth $1 billion, according to Forbes.
The nonprofit Americans for Tax Fairness last month estimated that the average net worth among Trump, Vice President-elect JD Vance and his top appointees is $616 million.
For comparison, Forbes estimated the total net worth of President Joe Biden’s entire Cabinet at $118 million. And the tax group’s analysis is likely a low-ball estimate, since it came before Trump announced a slew of other highly affluent picks.
In the past week, he has picked billionaire financial services CEO Warren Stephens as his ambassador to the UK, billionaire investor Stephen Feinberg as deputy defense secretary, and venture capitalist David Sacks as his crypto czar.
Trump also picked Kelly Loeffler, a former U.S. senator who was reportedly considered the likely richest person on Capitol Hill while in office, to lead the Small Business Administration.
The same day, he chose billionaire CEO Jared Isaacman to head NASA.
Over the weekend, he selected Charles Kushner, the father of Trump’s son-in-law Jared Kushner, as his choice for U.S. ambassador to France.
The newcomers join an array of other super-wealthy Cabinet picks, including billionaire Howard Lutnick for Commerce secretary, WWE Co-founder Linda McMahon for Education secretary and Scott Bessent for Treasury secretary.
Trump also has picked billionaire Massad Boulos, the father-in-law of Trump’s daughter Tiffany, as a top Middle East advisor.
And Trump chose Dr. Mehmet Oz to lead the Centers for Medicare & Medicaid Services. Oz, as of 2022, was worth as much as $300 million, according to a New York Times analysis of a financial disclosure Oz filed during his failed bid for a U.S. Senate seat in Pennsylvania.
America was always a Military Industrial Complex death machine but now Trump’s United States of Wounded Masculinity has elected a naked Plutocracy.
Trump’s brand of Orange Fascism has used the UNDERmensch to empower the UBERmensch.
Trump has appointed the most Ghoulish Cavalcade of Political Circus Freaks imaginable to his Cabinet.
It is a Rogues Gallery of Supervillains, people, who are acolytes and loyalists before they are decent people.
The manner in which the woke made our side of politics seem like a sad joke of pronoun word salads has had terrible consequences. The woke middle class left spent too much time cancelling men and then realised they didn’t have anyone left to vote for them.
The Left have been tricked into a Culture War to replace Class War and the new American Plutocracy is a result.
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No a DEI hire amongst Trumps picks.
Progress!
If you run an economy, it’s no different than running a business, checks and balances and indeed results driven.
Even running a household….spending is monitored and bills are paid, don’t waste money on spending more than is coming in.
I see no problem with hiring people who know business, checks and balances and results based outcomes.
It was what was missing from the last govt, throw money like confetti at anything and everything and to hell with the outcomes (PS…the outcome stats were worse in 2023 than when they started in 2017)
You are such a cuck for billionaire cock
I will presume that you know what happens when a business goes bankrupt, while the result obviously depends on the size of the business and it’s debt see if you can stretch your imagination around a country failing and millions of people with no means of support seeking to survive (look at 1789 in France if you need help) and you will find that your infantile suggestion that running an economy is no different to running a business will have painful consequences.
I often see your comments and think that you couldn’t possibly say anything stupider but you keep proving me wrong.
Bonnie you’re not saying Luxons stupid are you?
And I see your posts Bonnie and dismiss them as bible thumping nonsense, anyone who believes in a sky fairy as you do deserves no honest critique of their outlook on life, just pity and scorn.
God will take care of everything eh? Lol
But Trump will!! fuck off you who are always wrong!
Yet most of the MAGA idiots believe in the sky fairy eh?
Much of what you say in other posts I can agree with but I would point out governments are different to a company because they have to have a social support arm .While a good business should have a social consciousness it has to make a profit at tye same time . Billionaires are often out of touch with the problems of poverty as even if they are self made they have a different mind set and find it hard to comprehend failure.
Trevor you are a fence sitter, your posts are weak as you show no conviction for any topic, are you afraid to upset someone/anyone?
All you end up being is ignored by both sides, and hated by both.
Take a stand man, ignore the hurty feelings of others.
No one runs businesses like households. That is the problem.
Non deplume ‘I’m Right’…. says it all really, what a schmuck!
Non debrain really
A country has to make a profit or it can’t pay for the wvwe increasing demand for services.
When it chooses not to you end up with Greece and Argentina and the poor suffer most
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