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Trump dwarfs predecessors in number of ultra-rich in second White House

citizensvoice.com ·

Donald Trump has appointed more ultra-wealthy individuals to his administration than any of his predecessors combined, according to a report from Public Citizen. Among the 57 Trump officials worth at least $100 million, 17 are ambassadors and 40 hold senior positions in the executive branch. Notably, Commerce Secretary Howard Lutnick and Education Secretary Linda McMahon are billionaires, with the president himself being a billionaire as well.

The report highlights potential concerns with this administration, stating that having so many economic elite in positions of power can lead to misplaced incentives, corruption, and questions about the interests being served.

Written by urgent.news from Discovered's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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U.S. President Donald Trump said on March 1 that he would accept a reduction in joint military exercises with South Korea. This is a core issue that has been raised by South Korea and the U.S. in the past. In response to a reporter's question about the joint military exercises with South Korea at a press conference in Hanoi, Vietnam, on March 1, President Trump said, "I think we will reduce, yes. At some point, I think we will reduce." When asked if he had discussed the issue with South Korean President Moon Jae-in, he replied, "We have discussed it many times." The joint military exercises between South Korea and the U.S. have been conducted in various forms and scales over the years. The large-scale exercises, known as Max Thunder and Key Resolve, were suspended or reduced under the Trump administration. In particular, the Max Thunder exercise, which was conducted every year in May, was canceled in 2018. The Key Resolve exercise was also renamed and scaled down. The South Korean government has expressed its position that it is desirable to maintain the joint military exercises at a level that does not hinder the denuclearization negotiations with North Korea. However, President Trump's remark that "we will reduce" the joint military exercises seems to be a different line from the South Korean government. The U.S. has not officially announced a decision to reduce the joint military exercises. The South Korean government has not made a clear statement on the issue. The issue of reducing the joint military exercises is likely to be a topic of discussion at the upcoming summit between President Trump and North Korean leader Kim Jong-un in Hanoi, Vietnam. Some analysts say that President Trump may be trying to use the card of North Korea to get out of the crisis with Iran. President Trump has been trying to hold negotiations with North Korea and Iran, which are major nuclear issues, at the same time. In particular, the U.S. is experiencing a difficult situation in its negotiations with Iran, and some analysts say that President Trump may be trying to use the card of North Korea to get out of the crisis with Iran. In response to a question about the possibility of a summit with Iranian President Hassan Rouhani, President Trump said at a press conference, "I'm always open to a summit." However, he also said, "But I also think that at some point, we have to have a very, very strong border." The U.S. and Iran have been in a tense situation since President Trump withdrew from the Iran nuclear deal in May 2018. The U.S. has imposed economic sanctions on Iran, and Iran has responded by gradually abandoning its nuclear commitments under the Iran nuclear deal. The situation between the U.S. and Iran is currently in a state of stalemate. In this situation, President Trump's remark that "we will reduce" the joint military exercises with South Korea seems to be an attempt to use the card of North Korea to get out of the crisis with Iran.

·hani.co.kr

Gwangju City Local District Electric Vehicle Subsidy Application Announced The Gwangju Metropolitan City announced on the 7th that it will apply for subsidies for the purchase of electric vehicles for 1,084 units this year. The scope of application is for 770 units of environmentally friendly electric vehicles, 314 units for small and medium-sized electric trucks. The subsidy amount is 13.28 million won for electric sedans, 16 million won for electric SUVs, and up to 20 million won for small and medium electric trucks. The subsidy application can be submitted by the car dealer, and the person who purchases the vehicle and applies for the subsidy can receive it. The detailed application method and required documents are as follows. The application period is from March 8th to the end of the budget. Those who want to apply for subsidies for electric vehicles can check the Gwangju Metropolitan City website(www.gwangju.go.kr) and visit the relevant car dealer to apply. The Gwangju Metropolitan City said, "We expect that the expansion of eco-friendly electric vehicles will help reduce fine dust and improve air quality." Meanwhile, Gwangju City provided 636 eco-friendly electric vehicle subsidies last year and 533 in 2021.

·hani.co.kr

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