Conservatives are the problem, the ultra rich conservstives exacerbate the problem.
Note that the opposite of ultra rich conservatives is Jimmy Carter who still built wealth but didn't go for ultra wealth because he actually cares about people. The ultra wealthy are a symptom.
I wouldn't put these 2 in the conservative category, they are fascist groupies. They were both born into wealth, and then did everything possible to constantly grow their wealth while exploiting labor and everyone around them. They both have a real disdain for rules/laws for them, but love to try and use the legal system against those they see as an enemy.
It's literally regulation and that can be a good tool. It's what a government should ideally do. It can be weaponised of course, in both directions, like we are experiencing now.
Trump is actually second-gen on his mother's side and third-gen on his father's side. Not that it really changes the message, but there's no reason to get the facts wrong in this.
She was a Scottish immigrant and her son is first-generation Scottish-American on her side.
I think the person above you is using the US Census Bureau definition of generations, which is that the first gen is the immigrant themselves, second gen their children. That's how I've always understood it.