The New Yorker Radio Hour

A mega-donor to the Republican Presidential campaign, Elon Musk got something no other titan of industry has ever received: an office in the White House and a government department tailor-made for him, with incalculable influence in shaping the Administration. But even with Musk out of Washington, it remains a fact that the influence of wealth in America has never been greater. As one case in point, Donald Trump’s “big beautiful bill” is estimated to raise or leave flat the taxes of about 57 million households, while the top five per cent of earners will have their taxes cut by more than $1.5 trillion. From his perch in Washington, Evan Osnos has for years been looking at the politics of hyper-wealth. While the wealthy have always held outsized influence, Osnos explains how tech tycoons, in particular, sought far greater influence under Donald Trump’s second Administration. “These are guys who really believed that they were the greatest example of entrepreneurship,” he tells David Remnick, “and that all of a