• 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

Technical Analysis Indicates Potential Trend Reversal for AXS

chest

The weekly AXS/USD chart suggests a potential bullish reversal as the price approaches a critical resistance level.

user avatarTenzin Dorje

Axie Infinity Introduces Major Reward System Overhaul

chest

A significant update to the reward system has been announced by Jeff Zirlin, co-founder of Axie Infinity, transitioning in-game AXS rewards into bAXS to reduce bot farming and reward genuine players.

user avatarAisha Farooq

Axie Infinity Introduces bAXS Tokens to Enhance Player Experience

chest

Axie Infinity has introduced bAXS tokens, backed 1:1 by AXS, to enhance the gaming experience for players and reward real players while reducing bot influence.

user avatarBayarjavkhlan Ganbaatar

China Responds to Trump's Cryptocurrency Comments

chest

Guo Jiakun addressed US President Trump's comments on cryptocurrency and China's involvement.

user avatarDiego Alvarez

Kevin O'Leary Shifts Investment Strategy from Digital Tokens to Physical Infrastructure

chest

Kevin O'Leary announces a strategic pivot towards land acquisition for AI and crypto infrastructure at the World Economic Forum.

user avatarMohamed Farouk

China's Foreign Ministry Highlights Financial Cooperation

chest

Chinese Foreign Ministry Spokesperson Guo Jiakun emphasized China's active role in global financial cooperation and policy coordination.

user avatarElias Mukuru

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.