News Summary

• Most of the Cabinet’s staggering wealth comes from Lutnick, now commerce secretary; and Linda McMahon, the education secretary.
• Three men in their 60s—treasury secretary Scott Bessent, interior secretary Doug Burgum and energy secretary Chris Wright—each sit atop fortunes of at least $100 million.
• Trump spent his years out of office figuring out how to profit from politics.
• He launched Trump Media and Technology Group in 2021 and its social media platform Truth Social the next year.
• His roughly 40% stake in the publicly traded company is his most valuable asset, worth $2 billion.