Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Investing

Marjorie Taylor Greene to work with Musk’s new government efficiency panel

WASHINGTON (Reuters) – Republican Marjorie Taylor Greene said on Thursday she will chair a U.S. House of Representatives panel on government efficiency, working with billionaire Elon Musk and Vivek Ramaswamy in their effort to streamline the U.S. government.

Musk, the billionaire CEO of Tesla (NASDAQ:TSLA) and SpaceX, and Ramaswamy, a former Republican presidential candidate and biotech executive, were tasked by President-elect Donald Trump with creating a panel of outside advisers to make recommendations on how to reduce the size of federal workforce and slash regulations.

Greene’s government efficiency subcommittee was created by House Oversight Committee chair James Comer to work with Musk and Ramaswamy.

“I’m thrilled to announce I’ll be chairing a brand new subcommittee to work hand-in-hand with @ElonMusk and @VivekGRamaswamy,” Greene wrote on X.

Trump, Musk and Ramaswamy have touted ambitious claims about the panel’s ability to transform the U.S. government and the effort has received widespread publicity and interest in how it will operate.

But details have been sparse. On Wednesday, Musk and Ramaswamy wrote an opinion piece saying they will use recent U.S. Supreme Court rulings to take power away from federal agencies and reduce regulations.

Trump has said the two will issue reports, and the new panel said it wants to bring on “high IQ” staff and hold weekly livestreams.

This post appeared first on investing.com







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Overview Energy Fuels (TSX:EFR,NYSE:UUUU) has been the largest producer of uranium in the United States and an emerging producer of rare earth elements (REEs)....

    Investing

    Investor Insight Silver prices breached $30/oz in the second half of May 2024 as investor demand drove prices to their highest in more than...

    Investing

    Overview Flynn Gold Limited (ASX: FG1) is an Australian mineral exploration company with a portfolio of projects in Tasmania and Western Australia. Tasmania is...

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com