Trump fills government with billionaires after running on working-class message
ATLANTA: President Donald Trump’s brash populism has always involved incongruence: the billionaire businessman-politician stirring the passions of millions who, regardless of the US economy’s trajectory, could never afford to live in his Manhattan skyscraper or visit his club in south Florida.
His second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his administration.
The world’s richest man, Elon Musk, is overseeing a new Department of Government Efficiency. Billionaires or mega-millionaires are lined up to run the treasury, commerce, interior and education departments, NASA and the Small Business Administration, and fill key foreign posts.
“He’s bringing in folks who have had great success in the private sector,” said Debbie Dooley, an early 2015 Trump supporter and onetime national organizer in the anti-establishment Tea Party movement. “If you need to have brain surgery, you want the proven brain surgeons.”
Others raise concerns about conflicts of interest at odds with Trump’s pledge to fight for “forgotten men and women” in a country where the median household net worth is about $193,000 and median annual household income is about $81,000.
“It’s hard to conceive how the wealthiest set of Cabinet nominees and White House appointments in history will understand what average working people are going through,” said former Labour Secretary Robert Reich, who served under President Bill Clinton and has warned for decades about the nation’s widening wealth and wage gaps.
Countered Dooley: “Trump sets the agenda. If they won’t enact his policies, then they will hear him say what we hear on The Apprentice’ all the time: You’re fired!’”
Here is a closer look at some of Trump’s picks, their net worth according to Forbes, and what the choices could mean:
Elon Musk
Musk (net worth estimated above $400 billion) is chairing the new Department of Government Efficiency, which is a special commission charged with slashing federal spending. The extensive ties his businesses have to the government have raised questions about Musk’s potential conflicts in the role.
Linda McMahon
McMahon was picked to be Trump’s secretary of education. She is the wife of Vince McMahon, who is worth at least $3 billion.
Former WWE executive Linda McMahon is set to lead an agency conservatives often target for elimination, with plans to expand “school choice” and withhold federal funds from schools failing to meet White House demands on diversity programs. North Dakota Governor Doug Burgum, worth $1.1 billion, will head Interior, advancing Trump’s “Drill, baby, drill” agenda. Billionaire Scott Bessent becomes treasury secretary, tasked with reinstating tax cuts and imposing tariffs. Howard Lutnick, nominated as commerce secretary, will lead trade battles. Kelly Loeffler, ex-senator, takes over the SBA, while Jared Isaacman
will head NASA.