• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Department of Government Efficiency: Trump's Vision

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump has proposed the creation of a new agency, the Department of Government Efficiency, to reduce government spending and regulations.

Trump's Plan for the Department of Efficiency

Donald Trump, the U.S. President-elect, announced the establishment of a new Department of Government Efficiency. Inspired by Dogecoin, the agency aims to cut spending and simplify regulations.

Support from Brian Armstrong

Brian Armstrong, CEO of Coinbase, supported the idea of the Department of Efficiency, noting it could increase economic freedom in the U.S. and reduce government size. Armstrong suggested reducing federal spending by 10% of GDP and creating a U.S. sovereign wealth fund for citizens to invest.

"The DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S."Brian Armstrong

Elon Musk's Appointment

Elon Musk was appointed to lead the new agency, accompanied by entrepreneur Vivek Ramaswamy. They are expected to cut wasteful expenditure and restructure federal agencies, creating a 'Manhattan Project' for our time.

The creation of the Department of Efficiency, led by Elon Musk, has drawn attention to Dogecoin, which has seen a significant price increase following the announcement.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bithumb Delists Bonfida FIDA Due to Compliance Issues

chest

Bithumb has announced the delisting of the Bonfida FIDA token due to compliance issues, effective February 23, 2025.

user avatarMaria Fernandez

Mutuum Finance (MUTM) Attracts Big Investors with Promising Presale

chest

Mutuum Finance (MUTM) is gaining traction among big investors during its presale phase, with a low price point and high potential for returns.

user avatarRajesh Kumar

Mutuum Finance (MUTM) Offers Secure Income Through Overcollateralized Loans

chest

MUTM provides users with secure income opportunities through overcollateralized loans, protecting lenders against market volatility.

user avatarGustavo Mendoza

Hong Kong Introduces Smart Regulations for Digital Finance

chest

Hong Kong's Finance Secretary Paul Chan announced new smart regulations to protect users and foster innovation in digital finance, following the principle of same activity, same risk, same regulation.

user avatarMiguel Rodriguez

Ethena's Yield Mechanics Under Market Scrutiny

chest

Ethena's synthetic dollar design and high-yield structure are attracting analytical attention, with a focus on sustainability during volatility.

user avatarLuis Flores

BlockDAG Presale Approaches Final Days with 0.001 Price

chest

The BlockDAG presale is nearing its end, with a special price of 0.001 still available before the market price takes over.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.