Trump dwarfs his predecessors in the number of ultra-rich in his second White House, report shows

A new report by Public Citizen says Donald Trump’s second White House has appointed far more ultra-wealthy officials than prior administrations. The consumer advocacy group found that 57 Trump appointees are worth at least $100 million, including 17 ambassadors and 40 senior executive-branch posts. That total is more than four times the combined number across the three previous presidents, the report says. In the cabinet, 8 of 23 members meet the threshold, including Commerce Secretary Howard Lutnick and Education Secretary Linda McMahon. Public Citizen warns that when government leaders come overwhelmingly from the ultra-rich, it can create misplaced incentives and raise questions about whose interests are served.