In a move that absolutely anyone could have predicted, President-elect Donald Trump's cabinet picks can generously be described as a band of weirdos.
The short of it is that the Senate still has to confirm the appointments, though rejecting a President's appointee has been historically rare. Then again, Matt Gaetz is remarkably unpopular, so who knows!
Here are some of the people Trump thinks should be his closest advisers and the heads of federal agencies:
1.Robert F. Kennedy Jr.: Nominated for Secretary of the Health and Human Services Department
2.Matt Gaetz: Nominated for Attorney General
3.Doug Collins: Nominated for Secretary of Veterans Affairs
4.Dean John Sauer: Nominated For Solicitor General
5.Tulsi Gabbard: Nominated for Director of National Intelligence
6.Marco Rubio: Nominated for Secretary of State
7.Dan Scavino: Nominated for Deputy Chief of Staff
8.Stephen Miller: Nominated for Homeland Security Advisor and Deputy Chief of Staff for Policy
9.Elon Musk and Vivek Ramaswamy: Nominated for Department of Government Efficiency
Jim Watson / AFP via Getty Images, Anna Moneymaker / Getty Images
To allegedly streamline the government and cut waste, Trump has appointed these two weirdos to head a department that shares its unfortunate name with a meme from 2010 (and a cryptocurrency that Musk has often promoted).
Musk, the richest man in the world, has said he's serving as the new Trump administration's "first buddy." His company, SpaceX, has gotten billions of dollars in government contracts, he's currently being sued for sexual harassment by eight former SpaceX employees, and his Super Pac reportedly spent $200 million on Trump's reelection campaign.
Ramaswamy is an entrepreneur and former Republican presidential hopeful. In 2023, he floated a plan to randomly fire all government employees whose Social Security Numbers end in odd numbers because what could go wrong? Full disclosure: Ramaswamy holds an activist stake in BuzzFeed and has pitched a plan for the company to pivot to video, featuring conservative commentators like Tucker Carlson.
10.Pete Hegseth: Nominated for Secretary of Defense
11.Mike Huckabee: Nominated for United States Ambassador to Israel
12.Kristi Noem: Nominated for Homeland Security Secretary
13.And finally, Lee Zeldin: Nominated for Environmental Protection Agency Administrator
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Elon Musk is heading to Capitol Hill on Thursday to speak with lawmakers about the new Department of Government Efficiency (DOGE) being proposed by President-elect Donald Trump. One item on his chopping block is the Consumer Financial Protection Bureau (CFPB). Sheila Bair, former Chair of the FDIC (Federal Deposit Insurance Corporation) and former Assistant Secretary of the US Treasury for Financial Institutions, sits down with Market Domination's Julie Hyman and Josh Lipton to discuss the potential repercussions if Musk is given the authority to eliminate the CFPB. "It's a head-scratcher. You know, that budget's less than $700 million. That's like 0.01% of our $6.75 trillion federal budget," says Bair. "I think we've gotten very good bang for our buck when it comes to the CFPB. It was created to fill enormous regulatory gaps and consumer protections, which, frankly, were a key cause of the great financial crisis and the Great Recession that ensued since we've had the CFPB." Bair goes on to talk about the inception of the CFPB and the benefits the agency has provided for consumers:"They've created protections and enforced protections that weren't there before, about $20 billion they've recouped for consumers with various bad practices among certain industry lenders." Watch the video above to hear Bair's full take on Musk eliminating the CFPB. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Daniel A. Nelson
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