President-elect and Joe Biden meet in the Oval Office
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Wednesday, November 13, 2024 |
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| | What actually is the Department of Government Efficiency? | |
| Donald Trump has announced that Elon Musk will head up the newly-created Department of Government Efficiency in his second administration alongside venture capitalist Vivek Ramaswamy. Under Musk, the new office – which will operate "outside of government" – will advise on gutting federal departments and which staff should be fired if it deems they are a "massive waste." So far, details about DOGE – which shares its acronym with the dogecoin cryptocurrency favored by Musk – remain scarce. | |
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| Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded. FTX, which was at one time the darling of the digital currency world, is suing fellow crypto exchange boss Changpeng "CZ" Zhao, the Binance founder who acquired an equity stake in FTX in 2019, claiming Bankman-Fried, known colloquially as "SBF," committed fraud in making a later, related, deal with Zhao and wants its $1.76 billion back. Read more | |
| "I don't think the president should pardon anyone who assaulted a police officer at the United States Capitol on January 6" | Former vice president Mike Pence, who became the target of a violent mob of Donald Trump supporters on January 6, 2021, said on Tuesday he prays that the president-elect maintains his commitment to the Constitution and does not pardon the rioters. Read more | |
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