Trump’s Cabinet Made Its Money in Banking, Oil, WWE and Fox News (1)

Jan. 30, 2025, 5:26 PM UTC

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President Donald Trump’s cabinet nominees represent a wide range of backgrounds, from politicians to Fox News hosts to Wall Street investment bankers and hedge fund managers.

Their wealth varies widely too. Commerce Secretary nominee Howard Lutnick, whose confirmation hearing will be held Wednesday, disclosed income of at least $356 million and assets of at least $804 million, while Secretary of State Marco Rubio had at least $421,000 total.

Still, Trump’s affinity with the rich is clear, with 14 of his picks reporting a ...

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