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cybersecurity expert resigns from fannie mae board one day after appointment
Christopher Stanley, a cybersecurity engineer with ties to Elon Musk, resigned from Fannie Mae's board just one day after his appointment, as reported by Bloomberg News. His departure was noted in a regulatory filing, but no reasons were provided. Stanley, who has held significant roles at SpaceX and X, was part of Musk's corporate ecosystem and previously worked in government efficiency initiatives. His brief tenure at Fannie Mae coincided with ongoing discussions about the future of the agency and its role in the U.S. mortgage market.
airbnb co-founder joe gebbia joins elon musk's government efficiency team
Joe Gebbia, co-founder of Airbnb, has joined Elon Musk's Department of Government Efficiency (DOGE), enhancing the team's focus on aggressive federal budget cuts. With a background in disruptive business models, Gebbia's role will involve collaborating with Musk on strategies to streamline government operations, amidst ongoing legal challenges to DOGE's proposals. The initiative has already suggested significant reductions in federal spending, including the elimination of agencies like USAID.
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