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Reading: Elon Musk’s Doge Department is on the agenda with its targets for the US Treasury
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EdaFace Newsfeed > Latest News > Crypto News > Elon Musk’s Doge Department is on the agenda with its targets for the US Treasury
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Elon Musk’s Doge Department is on the agenda with its targets for the US Treasury

vitalclick
Last updated: February 1, 2025 2:33 pm
3 hours ago
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Elon Musk, which operates in Washington, came to the agenda with its targets for the US Treasury. The departure of a high -ranking official as a result of the department demanded audit in payment systems led to various controversy in the financial circles and in the political arena. Developments brought about the expectations that Musk’s plans for the future and the financial reform targets it has been raised.

Developments related to the US TreasuryMusk’s claims and investor reactions

Developments related to the US Treasury

According to official statements, the investigation process, which is activated in line with the Dogge request, focuses on a critical system that includes annual payments of $ 6 trillion. This system manages important payments such as social security, health services, federal salary payments and tax refund transactions. As a result of the disagreements between the authorities, David Lebryk’s release was on the agenda.

Musk’s claims and investor reactions

Following the developments, various speculation began in financial circles and investors. The focus of discussions includes allegations about the aim of reducing state expenditures and control processes. Criticism is that the problems in the payment approval mechanism prepare the ground for possible corruption and faulty practices.

Elon Musk: “The Dogge team found that payment approval authorities did not reject suspicious transactions.”

On the other hand, American activist Robby Starbuck questioned the tendency of government officials to reject control. Thus, inefficiency and possible unfair practices in the system were brought to the agenda. Investors closely follow the impact of existing developments on the market.

Musk also shared its vision of realizing its $ 4 billion deduction target in daily federal expenditures until 2026. Thus, it is claimed that the current budget deficit can be reduced from 2 trillion to 1 trillion.

Elon Musk: orum I have a cautious optimism that we will reach a daily expenditure deduction of 4 billion dollars next weekend. ”

This development increases expectations that there may be significant changes in financial regulations as well as efforts to increase productivity in state expenditures. The carefully followed process in both political and economic circles can lead to different consequences in the future.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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