Wealthy businesspeople have long served in government, but a provision meant to avoid conflicts of interest could be worth billions to Elon Musk and hundreds of millions to others.
Spencer Jakab is a Mint Author and the Global Editor of the Wall Street Journal's Heard on the Street column. He focuses on finance and trading, covering topics such as markets, major corporations like Starbucks and Exxon, and insights on business leaders. Spencer's work has been featured in The Wall Street Journal, Marketplace by APM, Next Big Idea Club, Yahoo Finance, LiveMint, and Yahoo News.