In 2017, The Entrepreneur website featured the business leaders who are going to serve in the administration of President Donald Trump. Trump is the very first person who had been chosen by people to sit in the office with no previous military or government experience on his curriculum vitae. Just before his political campaign, Trump frequented the field of media, being the host of “The Apprentice”. In business, he stands as the CEO of his organization – The Trump Organization.
Trump’s Economic Agenda
With the formation of Trump’s cabinet, it is clear that those with extensive experience in the corporate world has significant input and counsel in the government. Let’s take a few of those who were chosen at that time (2017) after the election was finalized.
Jared Kushner, Senior Advisor to the President
Kushner married Ivanka Trump. He manages the Kushner Real Estate Company. He has become the publisher of The New York Observer. Lately, it was announced that he will resign and sell his ownership in the newspaper to an unnamed family trust. One question is whether Kushner’s function in the new government goes against the anti-nepotism law which had been adopted in the ’60s.
Linda McMahon, Small Business Administration (SBA) Administrator
McMahon is the previous CEO of WWE (World Wrestling Entertainment) and had been a Republican senator candidate for Connecticut in the years 2010 and 2012.
Robert Lighthizer, CIA Director
Pompeo is a Republican member of the fourth district of Kansas and has held this position since 2011. Just before his political position, he managed a business identified as Thayer Aerospace. It had been sold in the year 2006.
Rex Tillerson, Secretary of State
Tillerson served Exxon Mobil, an oil and gas company since 1975. He became the CEO of the company in 2006. In 2013, Tillerson received the Russian Friendship Medal. According to the “Washington Post” report, the award was awarded to Tillerson after an agreement between Exxon and the Russian oil company Rosneft to drill fossil fuels in the Arctic.
Steven Mnuchin, Secretary of the Treasury
Mnuchin, co-founder and CEO of Dune Capital Management and co-founder of OneWest Bank Group (sold in 2015) had been elected Secretary of the Treasury. He also had been a partner at Goldman Sachs for 17 years. Mnuchin also produced a number of motion pictures, which includes American Sniper, Suicide Squad, and The Lego Movie.
Wilbur Ross, Secretary of Commerce
Ross has worked for the New York investment bank Rothschild for 25 years. He founded another investment company, WL Ross & Co in the year 2000. After 6 years, he has sold the company, however, continued to serve as chairman and chief strategy officer.
Todd Ricketts, Deputy secretary of commerce
Ricketts is a member of the board of directors for TD Ameritrade. He is also the co-owner of the Chicago Cubs.
Andrew Pudzer, Secretary of Labor
Puzder is CEO of CKE Holdings and has held this position since 2000. Among the company’s sponsored chain restaurants is Carl’s Jr. and Hardee’s. In the past few years, the company had been facing legal cases concerning unfairly paid employees.