Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Vivek Ramaswamy exits DOGE role as Elon Musk takes control

Vivek Ramaswamy exits DOGE role as Elon Musk takes control

CryptoSlateCryptoSlate2025/01/21 23:33
By:Oluwapelumi Adejumo

Ramaswamy leaves DOGE for possible Ohio bid as Musk spearheads federal streamlining.

Former Republican presidential candidate Vivek Ramaswamy has resigned from his position at the Department of Government Efficiency (DOGE).

Ramaswamy announced this in a Jan. 20 post on X, stating that he would no longer co-lead DOGE, a department focused on streamlining US government operations.

He expressed optimism about the department’s future under X owner Elon Musk , who he believes will ensure its success.

He stated :

“It was my honor to help support the creation of DOGE. I’m confident that Elon & team will succeed in streamlining government.”

The entrepreneur and political figure hinted at significant developments in his home state, Ohio, promising more details soon. Observers believe Ramaswamy may be preparing to launch a gubernatorial campaign, although he has yet to confirm these reports.

DOGE

President Donald Trump established DOGE on Jan. 20 through an executive order, tasking the department with improving federal technology and productivity.

The initiative rebranded the US Digital Service (USDS) into the US DOGE Service, initially created to modernize government technology. The updated mandate prioritizes upgrading obsolete systems and streamlining processes across federal agencies.

Federal agencies must establish dedicated DOGE teams within 30 days as part of the executive order. These teams, composed of technology, legal, HR, and leadership experts, will collaborate with DOGE to implement a comprehensive modernization plan.

A temporary organization, the US DOGE Service Temporary Organisation, was also formed to manage this initiative. All related projects are expected to conclude by July 4, 2026, aligning with the conclusion of Trump’s 18-month reform agenda.

In response to the order, Musk said:

“There will be meaningful progress every week.”

Despite its ambitious goals, DOGE faces resistance. Legal challenges have emerged, with reports of lawsuits seeking to delay its rollout until the program meets transparency requirements.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Why TradFi firms could turn to bitcoin margin loans: Maple CEO

Maple’s Sid Powell said that TradFi firms have been in contact with the firm about lending and borrowing in crypto

Blockworks2025/01/30 23:22

The Daily: ECB President Lagarde rejects bitcoin for Eurozone reserves while the Czech central bank considers it and more

European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.

The Block2025/01/30 21:34

'Inevitable collapse': Trump’s crypto push sparks concern at Paul Singer's Elliott Management: FT

The hedge fund said in a new investor letter that the “inevitable collapse” of the crypto bubble “could wreak havoc,” according to the Financial Times.Elliott’s Paul Singer has never been a fan of crypto, telling WSJ in 2023 that cryptocurrencies are “completely lacking in any value.”

The Block2025/01/30 21:34