The Dead Pool – 26 February 2017

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Man of the people that he is, Donald Trump likes to pick rich guys for high-level positions in his administration. Unfortunately, that poses a problem:

President Donald Trump’s nominee for Navy secretary, investor Philip Bilden, is expected to withdraw from consideration, sources familiar with the decision told Politico, becoming the second Pentagon pick unable to untangle their financial investments in the vetting process….Like billionaire investment banker Vincent Viola, who withdraw his nomination to be secretary of the Army earlier this month, Bilden ran into too many challenges during a review by the Office of Government Ethics to avoid potential conflicts of interest, the sources said.

To become Secretary of State, maybe all this divesting of huge fortunes is worth it. But Navy Secretary? Probably not.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

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It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

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We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

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Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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