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Who could make up Trump's Cabinet? Here are the billionaires and other leaders that could rise to power if he wins a 2nd term
Who could make up Trump's Cabinet? Here are the billionaires and other leaders that could rise to power if he wins a 2nd term
Brent D. GriffithsMay 29, 2024, 09:32 IST
Former President Donald Trump is reportedly eyeing both former White House advisor Stephen Miller and hedge fund billionaire John Paulson for his potential Cabinet.AP Images
Donald Trump's next Cabinet is unlikely to be like his first.
Trump has said he's learned who he should keep around him if he wins election in November.
Former President Donald Trump has said his next Cabinet would not be like his last.
"I'm not going to bring many of those people back," Trump recently told Time Magazine. "I had some great people. I had some bad people."
Trump was responding to a question of why the majority of his Cabinet has not endorsed him. The now-former president entered Washington as an unprecedented neophyte who had never held political office or served in the military. Now, Trump says "the advantage I have now is I know everybody."
In 2016, Trump assembled a so-called "gold-platted" Cabinet that was the wealthiest in modern history. Now, according to multiple reports, Trump prizes loyalty above all else. Perhaps it's not surprising, based on the now-confirmed reports, that members of Trump's Cabinet discussed invoking the 25th Amendment in the wake of the January 6, 2021, Capitol riot. It was a stunning end for a group of officials who had experienced an unheard-of turnover for a one-term president.
While Washington is abuzz about who could rise to power if Trump wins in November, the former president's campaign has stressed no such discussions are taking place. His most immediate needs remains finding a running mate, which could lead to other finalists ending up in his Cabinet.
"There have been no discussions about who will serve in a second Trump administration," Trump spokesperson Steven Cheung has previously told multiple outlets. His sentiment was reiterated to Business Insider.
Here's a look at the top names that may end up in Trump's Cabinet
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Jamie Dimon
JPMorgan CEO Jamie Dimon has long been mentioned as a potential Treasury secretary under presidents from both parties.Tom Williams/CQ-Roll Call, Inc via Getty Images
Jeff Yass
Susquehanna International Group founder Jeff Yass is the richest man in Pennsylvania. According to The Wall Street Journal, he could also be the next Treasury secretary.
Yass is not shy about his conservative views. His positions haven't always aligned with Trump. The billionaire has donated $10 billion to Club for Growth's super PAC, a conservative anti-tax political organization that Trump has criticized. (Relations have since improved.)
Yass recently met Trump. And while the former president says the pair did not discuss TikTok, Trump abruptly reversed his previous support for banning the social media app after their meeting. Yass' Susquehanna owns a major stake in ByteDance, TikTok's Chinese-owned parent company.
According to The Philadelphia Inquirer, Yass has privately dismissed claims the 2020 election was stolen.
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John Paulson
Billionaire John Paulson hosted former President Donald Trump and former first lady Melania Trump for a major fundraiser.Alon Skuy/Getty Images
Scott Bessent
Billionaire Scott Bessent has said that he's betting that the stock market will shoot even higher if Trump wins in November.Drew Angerer/Getty
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Ric Grenell
Former acting director of National Intelligence Ric Grenell made history before Trump left office.Justin Sullivan/Getty
Stephen Miller
Stephen Miller was a key architect of Trump's immigration policies, a role he could return to with even more power.Alex Wong/Getty
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Doug Burgum
Former President Donald Trump has hinted that North Dakota Gov. Doug Burgum would be in his next administration.Chip Somodevilla/Getty Images
Sid Miller
Commissioner of Agriculture of Texas Sid Miller has been a lightning rod even for some Texas Republicans.Suzanne Cordeiro/AFP/Getty