4.6 • 12 Ratings
🗓️ 10 November 2024
⏱️ 4 minutes
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These are the billionaires, business leaders and entertainers poised to shape Donald Trump’s second presidential administration.
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0:00.0 | Here's your Forbes Daily Briefing for Sunday, November 10th. |
0:04.8 | Today on Forbes, handicapping Trump's brain trust, the new Trump averse. |
0:11.1 | During his victory speech last week, Donald Trump was acknowledging those who helped fuel his astonishing political comeback and singled out Elon Musk. |
0:20.3 | Trump gushed, quote, we have a new star, |
0:23.3 | a star is born, Elon. Trump then launched into a four-minute riff about the world's richest |
0:29.5 | person, whom he called, quote, a super genius. The president-elect has promised vast powers to Musk |
0:35.8 | to shape U.S. policy and federal spending. |
0:39.1 | After endorsing Trump in July, Musk quickly embraced the idea of helming a, quote, |
0:44.2 | Department of Government Efficiency, aiming to cut $2 trillion or more from the federal budget, |
0:49.7 | while Trump has touted Musk as the so-called, quote, Secretary of Cost Cutting. |
0:54.7 | They have both indicated its unlikely Musk will take on an official role, as Trump says Musk, |
1:00.0 | quote, doesn't want to be in the cabinet. And Musk said of his services, quote, no pay, no title, |
1:06.1 | no recognition is needed. Elon Musk is the most famous and wealthiest of a cabal of new allies as Trump prepares |
1:13.7 | to re-enter the White House. The 78-year-old Trump has long treasured his close alliances with the rich |
1:19.3 | and famous, but this time around, he will bring with him a mostly new generation of loyalists |
1:24.2 | that includes podcaster Joe Rogan and UFC president and CEO Dana White, |
1:29.2 | among others. This 2.0 contingent has curried favor with Trump through a combination of |
1:34.8 | loyalty, campaign donations, endorsements, and, of course, flattery. Some are expected to serve as |
1:41.7 | cabinet members. Others will likely have unofficial roles as advisors |
1:45.4 | with whom Trump speaks over the phone, on the golf course, on podcasts, and via social media. |
1:52.0 | Besides Musk, there are hedge fund moguls John Paulson and Scott Besant, two contenders for |
1:57.6 | Treasury Secretary or other key economic roles, who have vowed to help Musk's slash spending. |
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