Articles

  • Jan 16, 2025 | usnews.com | Frank Vogl

    Donald Trump’s inauguration next week is the beginning of an oligarchy that’s been 15 years in the making. The day after Trump’s return to office marks the anniversary of the disastrous 2010 Supreme Court decision on Citizens United, which allowed for unlimited independent spending on elections. The ruling gave wealthy donors and special interests outsize influence in Washington, and the results are now on full display in Trump’s administration, a veritable billionaire’s ball.

  • Jan 7, 2025 | msn.com | Frank Vogl

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  • Jan 7, 2025 | usnews.com | Frank Vogl |Jay M. Feinman

    A major challenge President-elect Donald Trump faces upon taking office in two weeks is one that he seems likely to ignore: Wealthy Americans are getting wealthier while a huge number of Americans are getting poorer. The wealth gap is not a new problem, but it’s getting worse. In 1990, the bottom half of American households had a combined wealth of about $700 billion, while the top 0.1% held slightly more than double that at $1.8 trillion, according to Federal Reserve data.

  • Dec 4, 2024 | theglobalist.com | Frank Vogl |Markus Heinrich

    Donald J. Trump, who relishes nothing so much as a great deal, is setting the stage for an triple avalanche of transactions. These upcoming deals may first of all make him very rich, next add formidably to the wealth of his children and finally provide a bonanza to a group of vastly rich and fawning tycoons surrounding the Trump clan.

  • Nov 15, 2024 | usnews.com | Frank Vogl |Albert Hunt |Patrick Brown

    The 2024 presidential election was flooded with money – but it doesn’t look like it was money that bought President-elect Donald Trump glory. Vice President Kamala Harris raised about $1.65 billion in direct donations and contributions from political action committees by October, according to OpenSecrets, a research group that tracks money in politics, against Trump’s $1.09 billion; in other words, she lost the race despite significantly outspending Trump.

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