استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Elon Musk defends cost-cutting efforts in Oval Office appearance

February 13, 2025

|

Mint Ahmedabad

Trump signed an executive order giving DOGE more authority to reduce the size of the federal workforce

- Tarini Parti & Alex Leary

Elon Musk defends cost-cutting efforts in Oval Office appearance

Elon Musk defended his cost-cutting plans as a common-sense campaign to rein in out-of-control government spending, amid opposition from Democrats and legal challenges that have stalled some of his efforts.

Appearing Tuesday alongside President Trump in the Oval Office, the billionaire offered a lengthy explanation of his views on the federal government and made the case for his Department of Government Efficiency.

Musk, wearing a black "Make America Great Again" hat, described federal workers as an "unelected, fourth, unconstitutional branch of government" that he said has "more power than any elected representative."

"It does not match the will of people," he said. "So it's just something we've got to fix, and they've also got to address the deficit."

Trump signed an executive order Tuesday giving DOGE more authority to reduce the size of the federal workforce. The order directs agencies to restrict hiring to essential positions, with some exceptions.

Musk was joined in the Oval Office by one of his sons, who sat on his father's shoulders for part of the impromptu news conference. The roughly 30-minute event was one of Musk's lengthiest public discussions about DOGE's work.

"It's not optional for us to reduce the federal expenses," Musk said. "It's essential. It's essential for America to remain solvent as a country."

Musk compared the scrutiny he is facing to a "daily proctology exam." He said the public could make its own judgments about his potential conflicts of interest. Trump added that if the White House thought there was a lack of transparency or a conflict for Musk, then "we would not let him do that segment or look in that area."

المزيد من القصص من Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

Why MF distributors haven't grown as fast as MF assets

may not be substantial. More than banning upfront, what possibly was more damaging to the product was the lowering of TERs. Asa country, our financial footprint isstill at the foothills given our potential. ‘Thismove wasmuch ahead of itstime.”

time to read

2 mins

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

Smart GDP growth casts shadow over December rate cut

The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.

time to read

1 min

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

Green hydrogen: Fast fashion could help bump up demand

A boom in its use for clean synthetic inputs might make a difference

time to read

3 mins

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

India mulls food equipment QCO as China imports soar

China accounts for 41% of India's $843 million worth food-processing equipment imports

time to read

2 mins

December 01, 2025

Mint Ahmedabad

EC extends electoral roll revision by a week to II Dec; final list on 14 Feb

The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.

time to read

2 mins

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

IPO rush: Two dozen firms line up ₹40,000 cr offers in Dec-Jan

The initial public offering (IPO) momentum shows no signs of slowing, with another two dozen companies—including ICICI Prudential AMC, Meesho, and Juniper Green Energy—preparing to launch their public issues, which could collectively raise nearly ₹40,000 crore over the next two months, according to merchant bankers.

time to read

1 mins

December 01, 2025

Mint Ahmedabad

INSIDE INDIA'S ATTEMPT TO TAME DEEPFAKES

Detection tools today are not universal or consistent across languages

time to read

5 mins

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

APIs to innovation: Bulk drug makers ramp up CDMO bets

Once focused on low-margin active pharmaceutical ingredients (APIs), India’s bulk drug manufacturers are raising their ambitions, with several now investing heavily in research and development to win contract development and manufacturing work from global drugmakers.

time to read

2 mins

December 01, 2025

Mint Ahmedabad

Mint Ahmedabad

Battery PLI scheme may get a new spark with rules set to ease

other factors have contributed as well.

time to read

1 min

December 01, 2025

Mint Ahmedabad

Battery PLI may get new spark as rules set to ease

Scheme saw limited success; 50GWh capacity by Dec 2024 goal fell far short

time to read

2 mins

December 01, 2025

Listen

Translate

Share

-
+

Change font size