Donald Trump's incoming administration is drawing heavy criticism for appointing individuals with deep ties to the industries they'll oversee, raising concerns about conflicts of interest. From energy to finance and tech, many nominees have direct financial stakes in the very sectors they'll be regulating.
Chris Wright, Donald Trump's nominee for secretary of energy, testifies during his Senate Energy and Natural Resources confirmation hearing on Capitol Hill on January 15, 2025, in Washington, D.C. Wright is CEO of Liberty Energy, which is the second-largest fracking company in North America.of crass intervention in 2024 by mega-billionaire donors through super PACs was unprecedented.
Key spheres of policy-making — energy, finance and tech — will be overseen by wealthy figures plucked from the industries they’re tasked to oversee.the 2024 fundraiser where Trump asked for $1 billion from the oil industry in exchange for carrying out its agenda. Burgum attended the fundraiser alongside Hamm.“The people with authority over energy and the environment are all committed to the destruction of the planet’s delicate ecosystem,” said Hauser.
Meanwhile, Hauser says people focus more on the actions he’s taking, especially through his key appointments, than his outlandish speech.
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