Nov 26, 2024
President-elect taps allies to roll back rules and cut taxes in ‘nakedly transactional’ ploy critics call ‘unprecedented’Donald Trump has quickly tapped big donors and political allies for top posts to roll back environmental and health regulations, cut taxes and government spending in ways that will benefit key backers, say government watchdogs.Armed with blueprints to expand presidential power in aggressive ways and backed by a bevy of billionaire donors and ultra loyalists who helped him win, the president-elect’s transactional style of awarding powerful posts to backers such as X owner Elon Musk, or allies of others such as fracking mogul Harold Hamm, is seen as “unprecedented”, and will likely boost their bottom lines, say critics. Continue reading...
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