• 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

Fastenal Provides 2026 Guidance with Focus on Capital Investments

chest

Fastenal outlines its capital investment plans for 2026, expecting significant expenditures to enhance operations.

user avatarFilippo Romano

Fastenal Company Reports Mixed Q4 2025 Results

chest

Fastenal Company reports mixed Q4 2025 results with earnings per share meeting expectations but revenue slightly below forecasts.

user avatarTomas Novak

Boros Launches to Transform Onchain Rates Trading

chest

Boros has launched as a first-of-its-kind onchain venue that tokenizes perpetual funding rates, aiming to transform untradable yield streams into tradable instruments.

user avatarLucas Weissmann

Trump Imposes Tariff on French Wines and Champagnes

chest

US President Donald Trump has announced a new tariff of 200 on French wines and champagnes, aimed at persuading French President Emmanuel Macron to join the Board of Peace initiative.

user avatarEmily Carter

The EURDKK Peg: A Pillar of European Financial Architecture

chest

The EURDKK peg is emphasized as a critical focal point for 2025, providing stability for the Danish economy and facilitating trade with the Eurozone.

user avatarKaterina Papadopoulou

BitMine's CEO Highlights Commitment to Ethereum Staking

chest

Tom Lee, CEO of BitMine, emphasizes commitment to Ethereum staking to address $4 billion debt and aims to become the largest staking provider.

user avatarLeo van der Veen

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.