- A report by Public Citizen reveals President Donald Trump has appointed 57 administration officials worth at least $100 million into senior executive posts and ambassadorships.
- The figure is over four times as many ultra-wealthy appointees as the Bush, Obama, and Biden administrations combined, which total 13.
- Key figures among the appointees include Cabinet members such as Commerce Secretary Howard Lutnick, Education Secretary Linda McMahon, and Treasury Secretary Scott Bessent.
- While Trump argues financial success demonstrates executive competence, Public Citizen warned that relying on the ultra-rich risks misplaced incentives and corruption.
- The findings come as public approval of Trump's handling of the economy has fallen to 32 per cent ahead of the upcoming midterm elections.
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