The Trump plutocracy: Combined wealth of 17 cabinet picks exceeds that of one third of American household

Quartz reports: The 17 people who US president-elect Donald Trump has selected for his cabinet or for posts with cabinet rank have well over $9.5 billion in combined wealth, with several positions still unfilled. This collection of wealth is greater than that of the 43 million least wealthy American households combined—over one third of the 126 million households total in the US.

Affluence of this magnitude in a US presidential cabinet is unprecedented. [Continue reading…]

Print Friendly, PDF & Email