2024-12-16
8 分钟Npr.
The way things are going, it's looking likely that President elect Trump's incoming cabinet and staff will quite literally be run by billionaires.
Okay, not only billionaires, but way more billionaires than your typical presidential administration.
We don't have time to go through all of Trump's nominees, but here's some of those reported billionaires.
Hedge fund CEO Scott Besant for Treasury Secretary.
Howard Lutnick, CEO of a financial services firm for Commerce Secretary Linda McMahon, former.
CEO of World Wrestling Entertainment for Education Secretary.
And then there's Vivek Ramaswamy, a pharmaceutical billionaire who's been tapped to co lead the so called Department of Government Efficiency along of course with the world's richest man, the billionaire of billionaires, Elon Musk.
Again, this is just a partial list of Trump's billionaire nominees and appointments and we haven't even gotten to the millionaires.
Now estimates are that the total combined wealth of Trump's picks for his cabinet and administration would be upwards of $300 billion.
And granted, the rich and well connected have always had a leg up in politics and government, but if Trump's picks are confirmed, the amount of personal wealth held by top government officials would be unprecedented.
This is the indicator from Planet Money.
I'm Adrienne Ma.
And I'm Waylon Wong.
Today on the show, what does this influx of the uber wealthy into high office mean for the country?
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