Laura Mannweiler writing for US News:

So far Trump’s billionaire nods include Tesla CEO Elon Musk, Entrepreneur Vivek Ramaswamy, former professional wrestling mogul Linda McMahon, Wall Street executive Howard Lutnick, North Dakota Gov. Doug Burgum and money manager Scott Bessent. With the exception of Musk and Ramaswamy – who were picked for an advisory body called the Department of Government Efficiency rather than a Cabinet position – the group will need to be confirmed by the Senate before they are official.

The total net worth of the billionaires in the Trump administration, as of the morning of Nov. 25, equals at least $344.4 billion – which is more than the GDP of 169 different countries. Since Musk and Ramaswamy won’t be part of Trump’s Cabinet, excluding them brings the net worth of Trump’s Cabinet to at least $10.7 billion, assuming all nominees are approved in the Senate.

The United States is now clearly a Plutocracy.