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Why Would a Billionaire Want to Work in Trump’s Administration?
With immense wealth and personal independence, why would a billionaire trade the comforts of private life for the grind of public service?
Why Would a Billionaire Want to Work in Trump’s Administration?
When billionaires accept positions in a presidential administration, many Americans wonder what their motivations might be.
With immense wealth and personal independence, why would a billionaire trade the comforts of private life for the grind of public service? The answer often reveals how such appointments serve personal or class interests rather than the needs of the middle class.
In Trump’s administration—a cabinet filled with millionaires and billionaires—these questions became even more pressing.
1. Protecting Wealth and Industry
Billionaires often accept government roles to safeguard their financial interests or their classes.
By influencing tax policies, regulations, or industry-specific rules, they can directly shape outcomes to favor corporations and the wealthy. Trump’s tax cuts, which disproportionately benefited the top…
