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Trump's New Administration Features Unprecedented Wealth Among Appointees
Donald Trump's incoming administration is set to feature a roster of ultra-wealthy appointees, including Elon Musk, who will co-lead an advisory group aimed at reducing government waste. With an average net worth of $616 million among Trump and his top picks, this administration could surpass the previous one, where the total wealth of Biden's Cabinet was estimated at $118 million. The influx of billionaires raises concerns about potential financial and ethical conflicts, as well as the impact on Trump's populist appeal.
Middle East officials seek Saudi influence amid Trump's pro-Israel agenda
Arab officials express concern over Trump's potential support for Israeli annexation in the West Bank and Gaza, hoping Saudi Arabia can leverage its relationship with him to moderate his stance. Meanwhile, Marc Rowan emerges as a leading candidate for Treasury secretary, with significant backing from Wall Street. As the region braces for a pro-Israel agenda, Lebanese officials are cautiously optimistic about the influence of Massad Boulos, a family connection to Trump.
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