A government of multimillionaires: Trump appointed 57 officials worth as much as $100 million
The US president has surrounded himself with investment bankers and business executives who have amassed great wealth
A recent study by Public Citizen has revealed that Donald Trump has appointed 57 cabinet members and senior officials to his administration, each with a net worth exceeding $100 million. This is four times the number of millionaires appointed by the previous three presidents combined. Public Citizen's report highlights concerns about inequality and the potential influence of wealthy donors and corporate interests in the Trump administration.
Among the wealthiest appointees are Commerce Secretary Howard Lutnick, Education Secretary Linda McMahon, and Deputy Secretary of Defense Stephen Feinberg, whose combined fortunes exceed $1 billion. Lutnick has been criticized for his cross-shareholdings in various companies, including those in sectors that could present conflicts of interest.
McMahon, as Education Secretary, controls an entertainment empire that includes UFC, while Feinberg has been linked to Epstein's Caribbean island. The report comes amid growing concern about the influence of wealthy appointees in the administration and questions about whose interests are being served.
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