Donald Trump, who is seen as a champion of the working class, has a cabinet full of billionaires.
That’s in contrast to the first round, when he proposed. just one billionaire Cabinet picks: Betsy DeVosAs Secretary of Education, who raised the money? Public funding for private schools.
At the same time, President Trump’s favoritism toward billionaires is not. I was very surprisedThis is because his campaign was primarily funded by the billionaire class. Billionaires as a whole I forgave you right away President Trump after trying to overturn the 2020 election. After all, he promised to lower their profits even further small tax burden While reminding them $1 trillion increase His mishandling of the coronavirus pandemic robbed them of their wealth.
This is a breakdown of the rich people who will soon be in charge of our government.
Linda McMahon: Secretary of Education
McMahon, a former professional wrestling mogul and billionaire, was chosen by President Trump. run the ministry of education—She comes from an even shallower background than DeVos. But given what Trump and other Republicans are demanding; dismantling of departmentsputting the former WWE CEO in charge follows perverse logic.
Mr. McMahon served as a Cabinet member in the first Trump administration. small business manager before joining the pro-Trump super PAC America First Action.
Howard Lutnick: Secretary of Commerce
cryptocurrency Enthusiast and Investment Banking BillionaireLutnick is also a supporter of President Trump. Potentially disastrous pricing plans. He will oversee departments including the Census Bureau, National Oceanic and Atmospheric Administration, and the Patent and Trademark Office. All of these agencies designated for destructionslash, or privatization By the authors of Project 2025, the Heritage Foundation’s plan for the second Trump administration.
Lutnick is President Trump’s transition co-chair. claimed He’s not going to take the list from [Project 2025]” said Trump. I spent weeks pretending I’d never heard of it. A very unpopular and fascist plan during his election campaign. However, now that the election is over, things have changed.
Scott Bessent: Secretary of the Treasury
A billionaire hedge fund manager who openly promotes austerity measures. reduce the deficit, Bessent is tapped He will lead the Ministry of Finance. It’s probably because he Support President Trump’s reckless tariff plansEven if those plans feels strange His supposed goal was to reduce the deficit.
Stephen Witkoff: Middle East Special Envoy
Witkoff made his fortune as a real estate developer in New York. Connections with oil interests in the region He will probably be the liaison. Can this be called a “conflict of interest”?
Jared Isaacman: NASA Administrator
Isaacman, billionaire A payment processing company he founded,teeth advocate privatization of the space program. He has never worked in government, much less at NASA, where President Trump nominated him to lead. But hey, he paid Elon Musk’s SpaceX an undisclosed amount of money to go into space twice, so that makes him an expert, right?
Warren Stevens: Ambassador to the UK
President Trump has nominated Stevens, an investment banker and major Republican donor, to be the next ambassador to the United Kingdom. guardian“Stevens owned a 40% stake in payday loan company Integrity Advance, which the Consumer Financial Protection Bureau (CFPB) sued in 2015 for allegedly engaging in predatory lending practices. .”sweet!
Charles Kushner: Ambassador to France
Charles Kushner (Family Net Worth) over $7 billion) is the father of President Trump’s son-in-law Jared Kushner. playing cards forgiven Elder Kushner tax evasion felonand now gives king of the slums Ambassadorship. There is nothing corrupt here.
Elon Musk: Co-chair of the Department of Government Efficiency
What can you say about the midlife crisis of the world’s richest people? Mr. Musk spent billions of dollars buying Twitter, turning it into an his wealth protected him meaningful results in connection with his unethical (and possibly illegal) conduct. voter registration lottery.
Along with fellow engineer Vivek Ramaswamy, Musk “Government Efficiency Bureau” It will not officially be part of the government, but will be a planned advisory committee. (In other words, this is not the cabinet’s view.)
Vivek Ramaswamy: Co-chair, Ministry of Government Efficiency
Ramaswami earned money by trick large investors into believing His fast-growing pharmaceutical company, Roivant Sciences, and its miracle Alzheimer’s drug, intepirdine, were purchased cheaply from another company after the drug failed in four clinical trials. And although he sold people on the belief that the risky reward was worth it, It wasn’t like that. Ramaswami was able to secure major acquisitions, becoming a billionaire despite his failures, and was free to pretend to be a special kind of businessman.
Ramaswamy has one special talent that Trump values. It’s a salesman.
Many of the billionaires selected by President Trump have adopted austerity policies. Western democracy has already failed. Their disdain for government projects that help the non-wealthy is likely to lead to another boom in billionaires. Bust of the American people.
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