Elon Musk is not alone among tech billionaires exerting significant influence over federal agencies. Under Trump, many associates of Musk, Thiel, Andreessen, and Luckey have secured pivotal roles, guiding billions of dollars towards their companies. An analysis reveals these individuals have helped direct over $6 billion in federal contracts since Trump's inauguration, leading to potential conflicts of interest and ethics violations. This unprecedented appointment trend evokes legal concerns, especially with the lack of additional safeguards during the Trump administration, as highlighted by experts in government ethics.
"The second Trump administration is actually the first in recent years to not impose any sort of additional ethics safeguards on high level appointees..."
"It certainly does potentially increase the risk that you have people working on matters that do impact, at least indirectly, their bottom lines."
Collection
[
|
...
]