DOGE was initially conceived as a joint effort by Elon Musk and Vivek Ramaswamy and intended to be an independent, outside entity. Its mission has shifted to modernizing federal technology and achieving spending cuts. Tensions between Musk and Ramaswamy were fueled by philosophical differences. Their relationship was further strained due to Ramaswamy’s outspoken public commentary. President Trump’s executive order established DOGE within the executive branch, renaming the United States Digital Service as the United States DOGE Service.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Department of Government Efficiency has now become a
00:04Musk-led initiative operating within the federal government under President Trump.
00:08Doge was initially conceived as a joint effort by Elon Musk and Vivek Ramaswamy
00:13and intended to be an independent outside entity. Its mission has shifted to focus
00:17on modernizing federal technology and achieving spending cuts. Tensions between Musk and Ramaswamy
00:22were fueled by philosophical differences. Their relationship further strayed due to Ramaswamy's
00:27outspoken public commentary. President Trump's executive order established Doge within the
00:32executive branch, renaming the United States Digital Service as the United States Doge Service.
00:36For all things money, visit Benzinga.com slash GSTV.