Larry Kudlow, who is currently serving as Director of the National Economic Council, wrote previously in the National Review that President Trump was justified in surrounding himself with wealthy people in his cabinet because they would be the ones least likely to commit corruption.
“Why shouldn’t the president surround himself with successful people?” he said, referring to the rich conservatives Trump has added to his incoming team. “Wealthy folks have no need to steal or engage in corruption.”
If only that were true.
Since Kudlow made the statement, Trump’s cabinet, considered by far one of the wealthiest in American history, has been plagued with accusations of impropriety and scandal.
Kudlow says he’s having ‘so much fun with Trump’
Here’s the latest: Trump’s secretary of commerce Wilbur Ross, who was once reported to have a net worth of $2.9 billion (and at least $700 million in assets now), is now being accused of stealing more than $120 million from business partners and associates.
Dan Alexander of Forbes Magazine spoke with 21 people close to Ross and say that he took millions of dollars for himself on multiple occasions. They claim he’s so cheap, he even stole Sweet N’ Low from restaurants in order to prevent himself from having to buy it later, but that’s the least of their accusations.
Here’s what Alexander had to say in his bombshell report: “If even half of the accusations are legitimate, the current United States secretary of commerce could rank among the biggest grifters in American history.”
Update: As we are writing this, Forbes put out a report that ‘Lawyers for Wilbur Ross have reached a secret agreement to settle multi-million-dollar lawsuit,’ but when you hit the link to the article, nothing pulls up. They are likely trying to sort through the details for accuracy before reporting it and had to delete the article.
Back to the main point: Trump’s Director of the National Economic Council thinks that rich people are less prone to corruption but that statement doesn’t meet the smell test. This article just outlined the latest scandal to plague the Trump administration and didn’t even document the numerous lawsuits/settlements President Trump himself has paid out. Hint: They number in the millions of dollars but that’s common public knowledge.