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Business and Finance
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Trump Is Packing His Cabinet With Crypto, Oil and Private Prison Profiteers


Published on 2025-01-18 23:00:49 - Truthout
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    • Trump's own social media company, Trump Media and Tech
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    • logy Group, is in talks to buy Bakkt, a cryptocurrency trading venue whose former CEO is Kelly Loeffler, who Trump has nominated to head his Small Business Administration. Trump also has his own crypto project, World Liberty Financial.

The article from Truthout discusses how former President Donald Trump has been appointing individuals with ties to controversial industries to key positions in his administration. It highlights that Trump's choices for his cabinet and advisory roles include people with significant interests in cryptocurrency, oil, and private prisons. Specifically, it mentions the appointment of individuals like Brian Brooks, a former crypto industry executive, to significant financial regulatory roles, and the potential influence of oil industry lobbyists in environmental policy decisions. Additionally, the article points out the involvement of figures linked to private prison companies, which could influence policies on immigration and criminal justice. These appointments are criticized for potentially prioritizing industry profits over public interest, environmental concerns, and ethical governance, thereby continuing Trump's pattern of favoring deregulation and corporate interests.

Read the Full Truthout Article at:
[ [ https://truthout.org/articles/trump-is-packing-his-cabinet-with-crypto-oil-and-private-prison-profiteers/ ] ]
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