Trump Threatens to Turn DOGE Against Former Chief Elon Musk
President Donald Trump has escalated his public feud with Elon Musk, asserting that the agency DOGE, originally created as a joint initiative, should investigate Musk’s considerable government subsidies. In a post on Truth Social, Trump accused Musk of being heavily reliant on these subsidies to keep his companies operational, hinting at possible agency changes. This shift follows a former collaboration aimed at enhancing federal efficiency, which now appears strained. Musk has begun distancing himself from the administration and criticizing Trump's proposed legislation that could potentially increase U.S. debt by $3 trillion. The ongoing feud highlights the intertwined business interests between Trump and Musk in the cryptocurrency sector, particularly concerning Musk's companies, Tesla and X, which have significant investments in Bitcoin and technology relevant to the crypto industry. As tensions mount, there remains uncertainty over any formal actions from DOGE or direct responses from Musk's representatives.
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