Trump (NASDAQ: TSLA) says Elon Musk was appointed as a “private government employee” amid Dog’s motive: “Nothing can be done without our approval.”

The White House has been appointed Elon MuskThe richest individual in the world, as a “private government employee”. This classification allows MUSK to be employed by the federal government while it may avoid some disclosure rules.

What happenedAs mentioned by Reuters, Musk, who continues the defense Tesla Inc. Timing And Spacex, was accused of the Tram’s pioneer to reduce costs, Ministry of Governmental efficiency. This role gave the Musk team to reach various government regimes, which sparked anxiety and unrest within some agencies.

It can be able to name the new Musk to overcome the rules of disclosure about the conflict of interests and finances that apply to regular government employees. He will not receive a salary. This development sparked the audit, as Democratic lawmakers expressed their fears of billionaire without gaining a great authority to authorize the federal government.

Trump defended musk, stressing that musk could not act without the approval of the White House. He also praised the instinct of Musk and the talent of his team.

Trump said, “I could not do anything without our consent,” Trump said. He said, “We will give him approval, when necessary, as it is not appropriate, we will not do it. But it is reports.”

However, there are still questions about accountability, because most private government employees are not obligated to provide financial disclosures, which makes it difficult for the public and journalists to protect musk and the government.

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Why do it matter: The date of musk comes in the last center Criticism From the Ministry of Treasury and its suggestion for use Blockchain technology To simplify its operations.

Recently, the Ministry of Government was accessed to a sensitive payment system for the Ministry of Treasury, a step coinciding with the resignation of the Treasury job official who had disputes with the Musk Section.

The possible effects of the role of Musk and its plans for the Ministry of Government’s efficiency, including a $ 4 billion cost -cutting plan per day.

It is worth noting that the Ministry of Governmental efficiency shares a shortcut with Dokwin Dog/DollarCracks that he promoted in the past with his social media.

Price work: At the time of writing this report, DOGE was seen 7.95 % higher at $ 0.285, according to Data from Benzinga Pro.

Photo via Shutterstock

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This story was created using Benzinga Neuro and edited Chevdib Dalioal