Elon is the only leader of the Department of Government Efficiency. Vivek Ramaswamy has stepped down from the position to focus on a campaign for Ohio governor.
Ramaswamy and Musk co-founded DOGE in November 2024, as part of Donald Trump’s “Save America” Reduce government regulations, cut waste and reform federal agencies.
Musk’s departure places Musk, an advocate of cost cutting, in charge of the non-government initiative.
“Vivek Ramaswamy played a critical role in helping us create DOGE,” According to a report by The Telegraph, spokesperson Anna Kelly made the following statement: Associated Press. “He intends to run for elected office soon, which requires him to remain outside of DOGE, based on the structure that we announced today.”
The DOGE acronym is well-known for its association with Dogecoin Musk’s meme cryptocurrency (DOGE) has been a favorite of his for many years.
Also known as “Dogefather,” Musk has repeatedly boosted the price of Dogecoin with his public endorsements. This includes a recent increase following Musk’s Promotions The DOGE leader was appointed late last year.
However, critics have expressed doubts about DOGE’s goals. Musk initially pledged $2 trillion to cut government spending. He later backtracked and described the target as “unlikely” but maintained a goal of 1 Trillion US Dollars.
Trump released an announcement that boosted the initiative. Executive Order The hiring of civilians in the federal government was halted on Monday across all branches of the executive.
In an order that was part of a larger plan for streamlining government operations, the Office of Management and Budget had been tasked with creating a plan of reduction of the federal workforce by efficiency measures and through attrition. DOGE should play a major role in shaping these recommendations.
DOGE is not an official department of the federal government. Instead, it operates independently, using private-sector specialists and Republican allies to advance its agenda.
It was the Silicon Valley connections of Ramaswamy, Ramaswamy, and Palantir’s Joe Lonsdale that attracted media attention. Venture capitalist Marc Andreessen and Palantir cofounder Joe Lonsdale were also involved.
The connection between the initiative and Musk’s Dogecoin enthusiastdom caused quite a stir in crypto circles.
Trump’s campaign shirt, featuring Musk, Trump and Shiba Inu dogs on the trail, added to the overlap of DOGE culture and cryptocurrency memes.