President Biden's farewell address highlighted the emergence of an oligarchy in America, particularly emphasizing the concentration of wealth among Washington's elite cabinet picks alongside President Trump.
Michael Waldman noted the extraordinary nature of the current administration's wealth concentration, comparing it to the past while pointing out the unprecedented direct involvement of billionaires in governance.
In Washington, the oligarchs are not only influential but are also reshaping the real estate landscape, evidencing the intertwining of wealth and power under the new administration.
The involvement of billionaire donors in the Trump administration raises serious concerns about proper oversight over the industries that generated their immense wealth.
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