US President Donald Trump announced that Elon Musk and Vivek Ramaswamy will lead the newly formed Department of Government Efficiency (DOGE). The aim of this initiative was announced as streamlining government operations and reducing bureaucratic waste. Additionally, a major reform of federal spending and regulations is aimed in line with Trump’s “Save America” movement.
Efficiency and Reducing Waste
According to Trump’s statement, DOGE will focus on its mission to reduce unnecessary regulations and reduce wasteful spending. Creating a more effective structure of federal agencies aims to ensure that the government operates more efficiently.
Elon Musk and Vivek Ramaswamy will lead the DOGE initiative outside the federal government. They aim to implement large-scale reforms by working in partnership with the White House and the Office of Management and Budget (OMB). Trump expressed his confidence in the project, stating that this project could be a “Manhattan Project” for the modern government.
Trump emphasized that the project carries a patriotic mission, saying, “This initiative will make our government more accountable and efficient.”
Goals and Expectations
DOGE aims to ensure that the federal system is more responsive and closer to the people. Trump stated that the project will be completed by July 4, 2026, making the government more transparent. Elon Musk stated that these changes would send “shock waves to the system.”
The DOGE initiative is expected to have significant impacts on government functioning. Analysts, Dogecoin 
$0.420164 predicts an increase in value. It is stated that the increase in Dogecoin trade has also increased interest in the DOGE project.
This initiative is planned to be completed by the 250th anniversary of the United States. The goal is to transform the federal government into a more sustainable and efficient structure. In addition, it is aimed to increase the impact of public services while ensuring financial discipline.
Experts are of the opinion that if the DOGE project is successful, the federal government will gain transparency and accountability.
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