Musk Takes Over as Sole Leader of DOGE as Ramaswamy Exits for Ohio Governor Bid

Ramaswamy co-founded DOGE with Musk in November 2024 as a part of President Donald Trump’s “Save America” ​​initiative to scale back authorities waste, cut back laws and restructure federal companies.

His departure leaves Musk, an outspoken advocate for value financial savings, on the helm of the extragovernmental initiative.

“Vivek Ramaswamy performed a essential function in serving to create DOGE,” spokesperson Anna Kelly stated in an announcement quoted by the Related press. “He plans to run for elected workplace quickly, which would require him to remain out of DOGE, based mostly on the construction we introduced at the moment.”

The acronym of DOGE has attracted widespread consideration as a result of its reference to Dogecoin (DOGE), the meme crypto that Musk has been advocating for years.

Generally known as the “Dogefather,” Musk’s public statements of help for Dogecoin have repeatedly triggered worth will increase, together with a latest surge following his promotion main DOGE on the finish of final yr.

Nonetheless, critics have expressed skepticism about DOGE’s objectives. Initially promising $2 trillion in authorities cuts, Musk not too long ago backtracked, describing the objective as unlikely however sustaining a goal of $1 trillion.

To additional improve the initiative’s momentum, Trump issued an announcement govt order on Monday, the hiring of federal civilian staff within the govt department was halted.

The order, a part of a broader plan to streamline authorities operations, directed the Workplace of Administration and Funds to develop a plan to scale back the federal workforce by effectivity measures and attrition. DOGE is anticipated to play a key function in shaping these suggestions.

In contrast to official federal departments, DOGE operates outdoors authorities channels and depends on personal sector specialists and Republican allies in Congress to push its proposals.

The partnership between Musk and Ramaswamy attracted consideration for its ties to Silicon Valley, together with advisors comparable to Palantir co-founder Joe Lonsdale and enterprise capitalist Marc Andreessen.

The initiative’s connection to Musk’s Dogecoin fandom has additionally triggered a stir in cryptocurrency circles.

A Trump marketing campaign shirt that includes Musk, Trump and a Shiba Inu canine on the marketing campaign path added to the playful but controversial overlap between DOGE and crypto meme tradition.