Elon Musk Says Potential 'DOGE' Department Under A Trump Administration Will Be A 'Garbage Collector' For Regulations That Don't Make Sense
Portfolio Pulse from Aniket Verma
Elon Musk discussed his potential role in a new 'Department of Government Efficiency' (DOGE) under a Trump administration, aimed at reducing unnecessary regulations. This concept aligns with Trump's plan to create a government efficiency commission.
October 08, 2024 | 3:30 am
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Elon Musk's mention of a 'DOGE' department under a potential Trump administration, while not directly related to Dogecoin, could influence market sentiment due to Musk's past endorsements of the cryptocurrency.
Musk's use of 'DOGE' for the department name is a playful nod to Dogecoin, which he has endorsed before. This could lead to speculative interest or volatility in Dogecoin, but the direct impact on its price is uncertain.
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