Washington (USA), 17 August (LaPresse) – The number of people with a net worth exceeding 100 million dollars appointed by President Donald Trump to his administration is more than four times the total recorded under the three previous presidents. This is according to a report by Public Citizen, a consumer advocacy organisation, as reported by the Associated Press. In total, 57 officials in the Trump administration have a net worth of at least 100 million dollars: these include 17 ambassadors and 40 senior officials in the executive branch. By way of comparison, the administrations of the Republican George W. Bush and the Democrat Joe Biden each had five members with a net worth of $100 million or more; that of the Democrat Barack Obama had three. The President, himself a billionaire, has described his tendency to appoint the ultra-rich as a sign of respect for financial success. Yet Trump, who owes his return to the White House to the support of middle-class and working-class Americans drawn by his promise to reduce the cost of living, now faces an electorate – in the run-up to the mid-term elections – that is decidedly less enthusiastic about his handling of the economy.
US, Public Citizen report: ‘Surge in ultra-wealthy figures in the administration, risks of corruption’
Washington (USA), 17 August (LaPresse) – The number of people with a net worth exceeding 100 million dollars appointed by President Donald Trump to his administration is more than four times the total recorded under the three previous presidents. This is according to a report by Public Citizen, a consumer advocacy organisation, as reported by the Associated Press. In total, 57 officials in the Trump administration have a net worth of at least 100 million dollars: these include 17 ambassadors and 40 senior officials in the executive branch. By way of comparison, the administrations of the Republican George W. Bush and the Democrat Joe Biden each had five members with a net worth of $100 million or more; that of the Democrat Barack Obama had three. The President, himself a billionaire, has described his tendency to appoint the ultra-rich as a sign of respect for financial success. Yet Trump, who owes his return to the White House to the support of middle-class and working-class Americans drawn by his promise to reduce the cost of living, now faces an electorate – in the run-up to the mid-term elections – that is decidedly less enthusiastic about his handling of the economy.