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Elon Musk to Co-Lead Trump’s Department of Government Efficiency (D.O.G.E) | Bee Network

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Elon Musk to Co-Lead Trump’s Department of Government Efficiency (D.O.G.E) | Bee Network Login ट्रेंडिंग न्यूज़ मीम लॉन्चपैड एआई एजेंट डेस्सी टॉपचेनएक्सप्लोरर न्यूबी के लिए 100x सिक्के मधुमक्खी खेल आवश्यक वेबसाइटें एपीपी अवश्य होना चाहिए क्रिप्टो हस्तियाँ डेपिन नौसिखिया आवश्यक ट्रैप डिटेक्टर बुनियादी उपकरण उन्नत वेबसाइटें एक्सचेंजों एनएफटी उपकरण नमस्ते, साइन आउट वेब3 यूनिवर्स खेल डीऐप मधुमुखी का छत्ता बढ़ता हुआ मंच विज्ञापन खोज अंग्रेज़ी रिचार्ज सिक्के लॉग इन करें डाउनलोड करना वेब3 यूनी खेल डीऐप मधुमुखी का छत्ता विज्ञापन घर•विश्लेषण•न्यूबी के लिए•राय•मुख्य पाठ Elon Musk to Co-Lead Trump’s Department of Government Efficiency (D.O.G.E)विश्लेषण1 वर्ष पहले (2024)हाँBeetle... 149,00317 1583 Elon Musk and Vivek Ramaswamy will lead the new Department of Government Efficiency (D.O.G.E.) under Trump’s administration, aiming to cut federal spending. D.O.G.E., touted as a modern-day “Manhattan Project,” aims to streamline government operations by July 4, 2026, America’s 250th Independence anniversary. Dogecoin rallied over 10% on news of Musk’s involvement, fueled by speculations of potential क्रिप्टो integration and renewed Musk-Tesla Dogecoin connections. President-elect Donald Trump announced that entrepreneur Elon Musk and biotech founder Vivek Ramaswamy will jointly head the newly created Department of Government Efficiency (D.O.G.E).

The announcement comes only days after Trump’s reelection to be the 47th President of the United States (POTUS).

Donald Trump Names D.O.G.E Leaders The statement, की तैनाती on Trump’s Truth Social account, promised that D.O.G.E. would spearhead “The Save America Movement.” It would streamline federal functions to reduce government spending and drastically increase operational efficiency. Trump’s statement called D.O.G.E. “potentially ‘The Manhattan Project’ of our time,” likening the new agency’s goals to those of the ambitious WWII-era initiative.

He explained that the plan aims to dismantle excessive bureaucracy and reduce the US government’s annual $6.5 trillion expenditures.

“They will work together to liberate our Economy, and make the US  Government accountable to ‘WE THE PEOPLE,’” Trump declared.

The President-elect also projected that Musk and Ramaswamy’s work would culminate in a “smaller government, with more efficiency and less bureaucracy,” by July 4, 2026. Notably, this date would mark the 250th anniversary of the Declaration of Independence. Elon Musk, known for his critical views on government waste and bureaucracy, enthusiastically backed the project.

“This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!” a paragraph in Trump’s post read, citing Musk.

The billionaire entrepreneur and purported Dogecoin (DOGE) father later reposted Trump’s announcement on X (formerly Twitter). Here, he added his usual flair with comments like “Threat to democracy? Nope, a threat to BUREAUCRACY!”

The acronym D.O.G.E quickly attracted attention, resonating with fans of the popular meme-based cryptocurrency Dogecoin, which Musk has famously supported. Amidst the excitement, Dogecoin rallied by over 10%. This rally was sparked by speculation that Musk’s leadership of D.O.G.E might signal future integration of cryptocurrency in the initiative or his businesses.

DOGE Price Performance. Source: BeInCrypto As BeInCrypto reported, Musk recently hinted about reintroducing Dogecoin as a payment option for Tesla merchandise. This speculation also added momentum to Dogecoin’s price rally following Trump’s announcement.

Meanwhile, Vivek Ramaswamy, the biotech entrepreneur and former Republican presidential contender, signaled his commitment to Trump’s cause.

“We will not go gently, @elonmusk,” Ramaswamy shared on X.

He also confirmed that he would withdraw from the Ohio Senate race. This means Ohio’s governor, Mike DeWine, will be allowed to appoint a successor to the seat soon to be vacated by Senator J.D. Vance, the US Vice President-elect.

D.O.G.E Mission To Face Scrutiny The Department of Government Efficiency’s mission also faces scrutiny from officials and critics. Economist Peter Schiff, a vocal Bitcoin skeptic, weighed in with caution. He detailed the extent of Musk and Ramaswamy’s mandate.

“Good luck, guys. Remember, all you can do is propose the closure of federal departments and agencies. To actually close any, Congress must vote to do it,” Schiff लिखा.

The Bitcoin critique referenced past attempts to close agencies like the Department of Education. He noted that even Ronald Reagan’s efforts to downsize federal functions fell short of structural cuts.

While Musk’s alignment with DOGE has boosted interest in Dogecoin, analysts remain cautious. As BeInCrypto reported recently, while Musk’s engagement tends to ignite enthusiasm for the currency, long-term viability depends on concrete economic applications. For now, though, Trump’s announcement has put DOGE—both the agency and the cryptocurrency—in the spotlight.

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