Biotech entrepreneur and crypto advocate Vivek Ramaswamy has resigned from his role as Co-Lead of D.O.G.E to focus on his gubernatorial campaign in Ohio.
Ramaswamy's Political Ambitions
Ramaswamy has previously shown interest in high-profile political roles, having sought the Republican nomination for the 2024 presidential election. He also showed interest in succeeding as Ohio's senator, but Governor Mike DeWine appointed his deputy, Jon Husted, to fill the vacancy. His departure from D.O.G.E is aligned with the department’s new structural guidelines, requiring members to step back from active roles if pursuing elected office.
Musk Left as Sole Leader of D.O.G.E
With Ramaswamy stepping down, Elon Musk becomes the sole leader of D.O.G.E. Known for his support of cryptocurrencies like Dogecoin, Musk recently proposed a public leaderboard to highlight the most egregious examples of government inefficiency.
Views on Cryptocurrency
Ramaswamy is a vocal advocate for cryptocurrencies, criticizing the U.S. regulatory approach. He praised Grayscale's victory against the SEC, and his company, Strive Asset Management, filed for a Bitcoin bond ETF.
Ramaswamy's exit from D.O.G.E presents new political opportunities for him while leaving Elon Musk as the sole leader of the initiative.
