The former Republican primary foe departs DOGE after his goal of trimming regulations was overtaken by Musk’s priority of cutting expenditures.
The blossoming relationship between President Donald Trump and tech titan Elon Musk was on full display throughout Monday's inauguration ceremonies
The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government, reprising the playbook he used after buying Twitter in 2022.
Musk has promised to trim $2 trillion from the federal budget under the helm of the agency, a sum that constitutes more than Congress has in discretionary spending. Doing so would practically defund the entire executive branch, which doles out funding for the military, national security, and all federal agencies.
President Donald Trump plans to pardon people convicted for participation in the January 6 Capitol riot, which may include two of its organizers: Stewart Rhodes, the founder of the Oath Keepers, and Enrique Tarrio, the former leader of the Proud Boys, ABC News reported Monday.
The richest man in the world is backing far-right parties against a political establishment that has failed to deliver.
President Donald Trump's second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his Republican administration.
A deep philosophical rift between the two billionaire leaders of the “Department of Government Efficiency” left Musk alone at its top, which could give him more power than envisioned
The world’s richest man is now also one of the most politically powerful. Musk’s journey to mega MAGA funder sheds some light on what his motivations might be.
Vivek Ramaswamy said he’s preparing to run for governor in his home state Ohio, after dropping out of a project to slash the size of the federal government.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson,
Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social ...