Sen. Bernie Sanders (I-Vt.) criticized President Donald Trump’s administration after a report found that 57 Trump officials are worth at least $100 million.
Sanders Slams Trump’s Wealthy Administration
On Monday, Sanders said on X that "a new report shows there are 57 Trump officials worth at least $100 million," pointing to Public Citizen’s analysis of Trump’s administration.
Referencing Abraham Lincoln’s Gettysburg Address, Sanders contrasted Lincoln’s vision of a government "of the people, by the people, for the people" with his assessment of Trump’s administration.
"Donald Trump: A government of the rich, by the rich, for the rich," Sanders wrote.
Public Citizen Finds 57 Wealthy Trump Officials
Public Citizen report found that the 57 officials have combined declared assets ranging from $13.9 billion to more than $34.8 billion.
The report identified at least 31 officials with declared assets of $100 million or more, including eight whose disclosed assets reach $1 billion or more: Stephen A. Feinberg, Warren Stephens, John Phelan, Charles Kushner, Melinda Hildebrand, Howard Lutnick, Linda McMahon and Kenneth Howery.
Seventeen of the officials serve as U.S. ambassadors, while 40 hold senior positions across federal agencies.
The report also said 30 of the 57 contributed more than $65 million to Trump-linked political committees during the 2024 election cycle.
Democrats Slam Trump’s Economic Policies
Last week, Former Barack Obama economic adviser Robert Wolf argued that Trump’s increased intervention in private markets had made him "the most powerful socialist in the country today."
He cited policies involving drug price controls, farm bailouts, government stakes in companies and credit card caps.
Earlier, Sen. Mark Kelly (D-Ariz.) criticized the widening wealth gap, saying wealthy Americans were buying "speedboats and mansions" while working families struggled with rising costs.
He urged the government to lower expenses for gas, groceries and housing.
Sen. Elizabeth Warren (D-Mass.) accused the Trump administration of favoring companies that donated to Trump’s inaugural fund.
She cited United Airlines Holdings Inc. (NASDAQ:UAL), Delta Air Lines Inc. (NYSE:DAL) and Toyota Motor Corp. (NYSE:TM), alleging that favorable policy decisions followed their donations.
Warren called the alleged pattern "corruption that costs you money."
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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