America's new oligarchy: Inside Trump's billionaire administration
Donald Trump, supposed champion of the working class, is stocking his Cabinet with billionaires:
Linda McMahon: Secretary of Education
A former professional wrestling magnate and billionaire, McMahon is Trump’s pick to run the Department of Education
Howard Lutnick: Commerce Secretary
A cryptocurrency enthusiast and investment banking billionaire, Lutnick is also a backer of Trump’s potentially disastrous tariff plans.
Scott Bessent: Treasury Secretary
A billionaire hedge fund manager who openly pushes for austerity measures to reduce the deficit,
Steven Witkoff: Middle East Envoy
Witkoff made his billions as a New York real estate developer and has ties to oil interests in the region he will likely become a liaison to
Jared Isaacman: NASA administrator
Isaacman, a billionaire via a payment process firm he founded, is an advocate for privatizing space programs.
Warren Stephens: Ambassador to United Kingdom
Trump tapped Stephens, an investment banker and Republican megadonor (what a coincidence!), to be the next ambassador to the U.K.
Charles Kushner: Ambassador to France
Charles Kushner (family net worth of over $7 billion) is the father of Trump’s son-in-law Jared Kushner. Trump pardoned the elder Kushner, a tax fraud felon,
Elon Musk: Co-Chair of Department of Government Efficiency
What is there to say about the world’s richest mid-life crisis? Musk poured billions into buying Twitter, turned it into X, and made it a right-wing propaganda cesspool in service of Trump’s campaign
Vivek Ramaswamy: Co-Chair of Department of Government Efficiency