Donald Trump, the new president of the United States, has officially appointed Elon Musk as the head of the newly established government efficiency improvement agency.
This new institution that operates outside the government is called the
Department of Government Efficiency or
DOGE for short, and its purpose is to eliminate administrative bureaucracy, reduce redundant regulations, reduce wasteful spending, and restructure federal organizations by making reforms. There is a large-scale structure in the government.
This institution will be managed by Elon Musk and Vivek Ramaswamy, an investor and candidate of the Republican Party, and will increase Musk's influence in the government even more.
Following this news, the price of Dogecoin has increased by more than
90%!🌐📲
@TechnologyBoxs