🔥 $100M in #USDE# Rewards Up for Grabs!
🎁 Hold #USDE# and Enjoy 34% APR, Settled Daily with No Staking Required!
💰 Exclusive Bonus for New Users: 100,000,000 #PEPE# !
👉 Join Now: https://www.gate.io/campaigns/100-m-usde
⏰ Event Duration: Nov 18, 00:00 - Nov 28, 00:00 (UTC)
Details: https://www.g
Musk and Vivek elaborated on the plan of the Government Efficiency Department and made suggestions on which work Trump should suspend.
Odaily Planet Daily News According to reports, last week, Elon Musk and Vivek Ramaswamy were officially appointed as co-leaders of the Trump "Department of Government Efficiency" (DOGE). On Wednesday, the two elaborated on their plans for the advisory group. Musk and Ramaswamy said that they would "volunteer as external advisors" to suggest to the Trump administration to "reduce the size of the federal government". Their main focus is on cutting federal agency spending, as they believe these agencies waste money and are "anti-democratic". "Most laws are not made by Congress, but by unelected bureaucrats through 'regulatory regime'," the two pointed out, their task being to cut trillions of dollars from the federal budget and rewrite government operations. It is stated that they will hire a "lean team of government reformers" to work with the Trump administration and the White House Office of Management and Budget. Their primary means of driving change rely on the recent administrative actions following two Supreme Court rulings, the cases of West Virginia v. EPA and Loper v. Raimondo (overturning the Chevron doctrine), which "demonstrate that a large number of existing federal regulations exceed the powers granted to Congress by law." Here's how DOGE will make recommendations on what work Trump should pause, a process that will be aided by "advanced technology": "DOGE will work with legal experts in government agencies to apply these rulings to federal regulations made by those agencies with the help of advanced technology." DOGE will submit this list of regulations to President Trump, who may immediately suspend enforcement of these regulations through administrative measures and initiate review and revocation proceedings. This would free individuals and businesses from illegal regulations that Congress never passed, and stimulate the U.S. economy. ” As a result, the duo expects Trump to cut "thousands" of federal regulations and say those cuts will allow for "mass layoffs" of government employees. DOGE will seek to determine "the minimum number of employees required for an agency to perform constitutionally permissible and statutory functions." In the article, Musk and Ramaswamy listed some federal spending that seems to be on the chopping block, including 'annual funding of $535 million to the Public Broadcasting Corporation' and 'funding of $1.5 billion to international organizations, and nearly $300 million to progressive organizations such as family planning' (The Verge).