Billionaire Elon Musk has secured a White House email and office space to lead the Department of Government Efficiency. President Trump signed an order renaming the US Digital Service as the US DOGE Service. Trump's executive order limited the scope of Musk's office to modernizing federal technology and improving efficiency and productivity. It omitted references to budget-cutting and deregulation, which Trump initially emphasized when appointing Musk. Musk's role raises concerns about conflicts of interest in his role recommending agency funding cuts.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Billionaire Elon Musk has secured a White House email and office space to lead the Department
00:06of Government Efficiency.
00:08President Trump signed an order renaming the U.S. Digital Service as the U.S. Doge Service.
00:13Trump's executive order limited the scope of Musk's office to
00:16moderating federal technology and improving efficiency and productivity.
00:21It omitted references to budget cutting and deregulation, which Trump initially emphasized
00:26when appointing Musk.
00:27Trump's U.S. role raises concerns about conflict of interest in his role recommending agency
00:31funding cuts.
00:32For all things money, visit Benzinga.com slash GSTV.