Garnett Gilbert Smith wasn’t the only one living lavishly (“ Trump grants clemency to Baltimore drug trafficker who ran multimillion-dollar ring .” So do President Donald Trump and perhaps too many Americans.

More than 50% of the members of the U.S. Congress are millionaires. In fact, many Americans are doing fine. According to a 2024-2025 report from the Federal Reserve Board of Governors, 73% of our fellow Americans are “doing okay” financially or “living comfortably,” some even thriving, while the rest are struggling, living paycheck to paycheck. (Education seems to be a big predictor. 87% of adults with at least a bachelor’s degree reported doing okay or living comfortably, compared with 47% of those with less than a high school degree. Yet prominent Republican leaders — Trump, JD V

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