President-elect tapping mega-rich backers for positions that will give them power to cut spending on public services

Summary

Donald Trump is assembling the wealthiest U.S. administration in history, with a cabinet of billionaires and multimillionaires worth a combined $340 billion.

High-profile appointees include Elon Musk and Vivek Ramaswamy for a new government efficiency role, alongside billionaires Linda McMahon, Doug Burgum, and Scott Bessent in key cabinet positions.

Critics argue this contrasts sharply with Trump’s working-class rhetoric, with analysts warning of policies favoring the wealthy at the expense of public services like education and social security.

Backlash over inequality and budget cuts is anticipated.

  • weeeeum@lemmy.worldEnglish
    0·
    18 days ago

    All here to turn government inefficiencies into profits. It’s not inefficient to contract a company with a huge amount of money for a sub par service with constant delays and price hikes!