As the world watches every next victim of the Trump administration, they may have not noticed one thing – the beneficiaries. Though his biggest supporters were America’s middle and working classes, and despite aggressively campaigning against the elite, Mr Trump’s policies have so far served to help the rich get richer.
Thanks to Mr Trump’s annulling of red tape, described by his chief strategist and former Goldman Sachs vice president, Stephen Bannon, as the “deconstruction of the administrative state”, much of America’s wealthy have seen a mini boom in their wealth. Beyond Capitol Hill, where one of the wealthiest cabinets in US history is gathered, this economic un-policymaking his benefiting key industries and their leaders.
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