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Parami News > Blog > Most Recent Stories > Elon Musk and Vivek Ramaswamy to serve as DOGE in Trump Cabinet: What is the US Department of Government Effectiveness? | Parami News
Most Recent Stories

Elon Musk and Vivek Ramaswamy to serve as DOGE in Trump Cabinet: What is the US Department of Government Effectiveness? | Parami News

Atulya Shivam Pandey
Last updated: November 13, 2024 10:45 am
Atulya Shivam Pandey
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8 Min Read
Elon Musk and Vivek Ramaswamy to serve as DOGE in Trump Cabinet: What is the US Department of Government Effectiveness?

 | Parami News
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Elon Musk and Vivek Ramaswamy to serve as DOGE in Trump Cabinet: What is the US Department of Government Effectiveness?

US President-elect Trump appoints Tesla CEO Musk and Indian-American entrepreneurs. Vivek Ramaswamy Lead the newly created government efficiency department (Governor-General). Announcing the appointments, Trump declared: “I am pleased to announce that the great Elon Musk will lead the Department of Government Effectiveness (DOGE) in partnership with American patriot Vivek Ramaswamy.” Rama Swamy is the first Indian-American to be elected to the Trump administration, which is scheduled to take office on January 20.

What is the Department of Government Effectiveness?

The Department of Government Effectiveness (DOGE) is a new initiative of President-elect Donald Trump’s administration, consistent with his “Save America” ​​campaign. its mission is to dismantle government bureaucracycut redundant regulations, eliminate wasteful spending, and reorganize federal agencies. DOGE will work closely with the White House and the Office of Management and Budget to implement what Trump calls an “entrepreneurial approach to government” that he believes is unprecedented. He likened the ambition and scope of the initiative to a modern-day “Manhattan Project.”
Trump appointed Tesla CEO Musk and Indian-American entrepreneur Vivek Ramaswamy to lead DOGE. He stressed that the department’s primary goal is to address “massive waste and fraud” in the federal government’s $6.5 trillion budget. Trump set a deadline for completion of the DOGE mission on July 4, 2026 (the 250th Independence Day of the United States), and declared that a more efficient and less bureaucratic government would be the key to its milestone anniversary. A fitting gift to the country today.
Musk promised that DOGE would operate with complete transparency. “All actions by the Department of Government Efficiency will be published online to achieve maximum transparency,” he said on X, formerly Twitter, and invited the public to share tips and provide input. Musk also teased the creation of a “ranking list” to highlight the most egregious examples of government spending, calling it “both extremely tragic and extremely funny.”
At a Trump rally in October, Musk claimed the federal budget could be reduced by “at least $2 trillion,” with discretionary spending (including defense) accounting for a large portion of the $6.75 trillion federal budget in fiscal 2024. is wasted and the Department of Government Efficiency will address this issue.
The acronym DOGE is also a nod to Dogecoin, the cryptocurrency that Musk actively supports. In August, Musk and Tesla won the dismissal of a lawsuit accusing them of defrauding investors by promoting Dogecoin, resulting in billions of dollars in losses. Dogecoin’s value has surged since the election, a trend fueled in part by expectations of more favorable regulation. Trump administration.
Both Musk and Ramaswamy shared their enthusiasm on X (formerly Twitter). Musk tweeted, “Department of Government Efficiency. Goods will be 🔥,” while Ramaswamy wrote, “We won’t go gentle, @elonmusk,” reiterating his campaign slogan of “shut it down” and making clear that he Focus on reform.

Additional Trump Administration Appointments

Trump announced several key appointments for the incoming administration:

  1. White House Chief of Staff: Suzy Wiles
  2. Deputy Chief of Staff for Policy: Stephen Miller
  3. Border Czar: Tom Homan
  4. National Security Advisor: Mike Walz
  5. Secretary of Homeland Security: Kristi Noem
  6. United Nations Ambassador: Elise Stefanik
  7. EPA Director: Lee Zeldin
  8. Secretary of State: Marco Rubio
  9. Director of the Central Intelligence Agency: John Ratcliffe
  10. Special Envoy to the Middle East: Steven Witkoff
  11. White House Counsel: William McKinley
  12. Ambassador to Israel: Mike Huckabee
  13. Secretary of Defense: Peter Heggs

Trump expressed his expectations for Musk and Vivek’s efforts to make the federal bureaucracy more efficient while improving American lives. He emphasized their role in eliminating massive waste and fraud in $6.5 trillion in annual government spending.
“They will work together to free our economy and hold the United States government accountable to ‘We the People.’ Their work will end no later than July 4, 2026. A smaller, more efficient, less bureaucratic The government would be the perfect choice, Trump said.

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency that started out as a joke in 2013 but has since gained immense value and popularity. It was created by software developers Billy Marcus and Jackson Palmer as a satirical alternative to Bitcoin, featuring the Shiba Inu from the popular “Doge” meme. Despite its interesting origins, Dogecoin has grown into one of the largest cryptocurrencies in the world, now worth tens of billions of dollars.
Unlike Bitcoin, Dogecoin runs on the Litecoin network using a proof-of-work consensus mechanism, making it cost-effective to mine alongside other coins. Through the inflation model, Dogecoin has no supply cap, meaning new coins will continue to be created. Currently, approximately 10,000 DOGE are mined per block per minute, adding millions of coins to circulation every day.
Dogecoin has gained traction through community support and celebrity endorsements, including notable figures like Elon Musk. In 2021, it surged in value after becoming popular on platforms like Reddit and TikTok, making it an attractive option for investors and speculators alike.

Contents
What is the Department of Government Effectiveness?Additional Trump Administration AppointmentsWhat is Dogecoin (DOGE)?

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