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Tag: wealthandpower

US Politics

The Billionaire's Cabinet: How Extreme Wealth is Corroding American Democracy

An analysis reveals that President Donald Trump's second-term administration has appointed over four times more officials with personal wealth exceeding $100 million than the combined total of his three immediate predecessors. This unprecedented concentration of ultra-wealthy individuals in the highest levels of government creates a profound conflict of interest, threatening to transform American democracy into a plutocratic oligarchy that serves the interests of the few over the needs of the many.