President-elect Donald Trump announced that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out DOGE, Musk’s favorite cryptocurrency.
The CEO of Tesla, SpaceX, xAI, and owner of X, Neuralink, and The Boring Company, will lead the department alongside biotech entrepreneur and former presidential hopeful, Vivek Ramaswamy, to pave the way for Trump’s administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”
Notably, DOGE will “provide advice and guidance from outside of Government,” which suggests it will not be an official government agency that requires legislative approvals and funding. Rather, DOGE will partner with the White House and Office of Management & Budget, according to the press release.
Read more on DOGE and Musk's appointment at the link in the bio
Article by Maxwell Zeff
Image Credits: Jabin Botsford/The Washington Post / Getty Images
#TechCrunch #technews #ElonMusk #DonaldTrump #government #policy
President-elect Donald Trump announced that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out DOGE, Musk’s favorite cryptocurrency.
The CEO of Tesla, SpaceX, xAI, and owner of X, Neuralink, and The Boring Company, will lead the department alongside biotech entrepreneur and former presidential hopeful, Vivek Ramaswamy, to pave the way for Trump’s administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”
Notably, DOGE will “provide advice and guidance from outside of Government,” which suggests it will not be an official government agency that requires legislative approvals and funding. Rather, DOGE will partner with the White House and Office of Management & Budget, according to the press release.
Read more on DOGE and Musk's appointment at the link in the bio 👆
Article by Maxwell Zeff
Image Credits: Jabin Botsford/The Washington Post / Getty Images
#TechCrunch #technews #ElonMusk #DonaldTrump #government #policy