The Muse

I am a business economist with interests in international trade worldwide through politics, money, and banking. The author of RG Richardson City Guides has over 300 guides, including restaurants and finance.

RG Richardson Interactive

RG Richardson Interactive
Interactive Finance Dictionary

Donald Trump pay for play

 

Watchdog groups are warning that the Cabinet that President-elect Donald Trump is assembling is already showing signs of being a pay-for-play arrangement in which his biggest backers are rewarded with the ability to shape government policy in their favor.

According to a Tuesday report in the Guardian, the president-elect is raising red flags with several of his Cabinet picks, who are slated to oversee agencies regulating the industries in which they have a significant financial stake. In one example, Interior Secretary-designate Doug Burgum – the current Republican governor of North Dakota with close ties to fracking magnate Harold Hamm — will be in charge of issuing oil and gas drilling licenses.

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