When our last president-elect who lost the popular vote and dodged Vietnam, George W. Bush, set up his first cabinet in 2001, the oil heir received considerable backlash for its combined wealth: $250 million, adjusted for inflation. That figure is less than one-twentieth the net worth of the family of Betsy DeVos, Donald Trump’s pick for Secretary of Education.
Yes, Trump’s cabinet is the wealthiest in history, with a combined net worth of over $14 billion and counting. It includes three former Goldman Sachs bankers, an ex-Bank of America executive, and the CEO of ExxonMobil. And it’s presided over by Trump, a billionaire real estate heir. These days, America is looking an awful lot like a plutocracy—something that is very worrying to Vermont Senator Bernie Sanders.
“[Trump] said, ‘We are going to be standing up for working people. We are anti-establishment.’ Well, if the cabinet he appointed of billionaires and millionaires is anti-establishment, boy, I would hate to see what the ‘establishment’ looks like,” said Sanders.
The delightfully cranky former Democratic presidential candidate was speaking during an appearance on Tuesday’s edition of Late Night with Seth Meyers, where he discussed the pending Trump presidency.
Asked about how “reality has shifted” during the past year, Sanders replied, “We have a president-elect who is not well-known for being scrupulously honest—let’s say that. That’s a nice way to say that.”