'Conditions are ripe' for Trump's friends 'to loot the place from top to bottom': analysis

The New Republic's Greg Sargent has written a lengthy article about what he believes will likely be unprecedented corruption within the second Trump administration.

In particular, Sargent notes that this time Trump didn't even make a pretense of obeying any kinds of ethics rules, which he believes he will interpret as a green light to blatantly enrich himself at the public's expense.

"There are several reasons to fear this could amount to a level of oligarchic corruption that outdoes anything Trump did in his first term," Sargent explains. "In short, conditions are ripe for right-wing elites to try to loot the place from top to bottom."

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Sargent says that Democrats' loss of control of the United States Senate means that they now no longer have investigative tools to dredge up embarrassing dirt on the administration, and in particular will close up probes into the promises that Trump made to oil executives and into Trump son-in-law Jared Kushner's firm receiving a massive influx of foreign investment from countries such as Saudi Arabia.

“The next four years are going to be a smash and grab under Trump,” Sen. Ron Wyden (D-OR) told Sargent. “Special interests who put Trump back in office expect a return on their investment."

Noah Bookbinder, president of Citizens for Responsibility and Ethics in Washington, pointed to the way that Trump is letting X CEO Elon Musk push a policy agenda as evidence that there will be no guardrails on corruption and looting.

"Trump is showing that he will reward people who help him by giving them tremendous influence over his administration,” he said. “This will encourage more people to direct their largesse Trump’s way. We expect government to look out for the public interest. Trump is open about the fact that government is meant to serve his supporters, business partners, and friends.”