Elon Musk to head $DOGE

Billionaire Elon Musk and former US presidential candidate Vivek Ramaswamy will head the new US Department of Government Efficiency (DOGE).

Its task will be to reform the government to reduce administrative costs and fight bureaucracy. DOGE will take an “entrepreneurial approach” and offer a fresh look at the work of the US government apparatus.

To do this, some government agencies will be abolished, while others will have their staff reduced. The necessary reforms were promised to be carried out by July 4, 2026 — the 250th anniversary of the declaration of US independence.$PNUT $ACT