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President Trump endorsed Elon Musk's efforts with the Department of Government Efficiency (DOGE) to reduce federal spending and workforce during his first Cabinet meeting. Musk, tasked with overseeing DOGE's initiatives, emphasized the goal of identifying wasteful spending, despite some confusion among federal employees regarding his recent email directive. Trump also discussed plans for selling citizenship "gold cards" and highlighted an upcoming visit from Ukrainian President Zelenskyy to sign a critical minerals deal.
President Trump plans to direct Elon Musk to investigate wasteful spending in the Education and Defense Departments, predicting the discovery of "hundreds of billions" in fraud and abuse. In a pre-Super Bowl interview, Trump emphasized Musk's role in the newly established Department of Government Efficiency, which aims to streamline federal agencies. The initiative has faced backlash from Democrats, particularly regarding potential cuts to education funding.
Donald Trump's incoming administration is set to feature a roster of ultra-wealthy appointees, including Elon Musk, who will co-lead an advisory group aimed at reducing government waste. With an average net worth of $616 million among Trump and his top picks, this administration could surpass the previous one, where the total wealth of Biden's Cabinet was estimated at $118 million. The influx of billionaires raises concerns about potential financial and ethical conflicts, as well as the impact on Trump's populist appeal.
Donald Trump, the wealthiest US president, has expanded his business empire and appointed several affluent individuals to key government positions, including Elon Musk. US ethics laws mandate the disclosure and potential divestment of significant financial holdings to avoid conflicts of interest, a requirement some of Trump's appointees struggled to meet during his first term. Critics have pointed out Trump's failure to distance himself from his assets, diverging from presidential traditions.
Justice Minister Beat Jans is preparing a package to counter the SVP's controversial 10 million initiative, sparking debate within the Federal Council. Meanwhile, rents in Switzerland have surged to historic highs, prompting calls for government intervention. In other news, Stahl Gerlafingen avoids layoffs for now, Wetzikon Hospital's entire Board resigns amid restructuring, and Switzerland's climate protection ranking has dropped significantly.
President-elect Donald Trump has nominated billionaire Howard Lutnick, head of Cantor Fitzgerald, as commerce secretary. Lutnick, a key transition advisor and advocate for tariffs, will oversee a Cabinet agency involved in trade restrictions, economic data, and new technology funding. He supports using tariffs to protect American workers, aligning with Trump"s proposed tariffs on imports from China and other countries.
Linda McMahon
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trump supports musk's government efficiency efforts during cabinet meeting
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