New Changes in the Government Efficiency Department (DOGE), Musk's Departure and Future Outlook
Tesla founder Elon Musk announced this week that he will significantly reduce his involvement in the 'Government Efficiency Department' (DOGE). Despite Musk's exit, President Trump continues to actively promote the DOGE program.
The Wall Street Journal pointed out that the Trump administration has strengthened the role of the Office of Personnel Management (OPM), positioning it as the core of federal hiring and firing. OPM has gained new powers to determine which employees should be dismissed, particularly targeting wrongdoers. Additionally, the performance evaluation criteria have shifted to emphasize 'faithful execution of laws and presidential policies.'
These changes have raised concerns, with outsiders worried about the politicization of the process, which goes against the merit-based hiring principles. Reports mention that OPM will first target employees involved in diversity and inclusion programs for layoffs, with the Supreme Court ruling that approximately 16,000 employees can be dismissed.
In addition to the fluctuations in DOGE's value, meme coins associated with Trump have also become very popular, especially the heroic dog Conan, backed by Trump's strong IP and active community, with a market value just surpassing $10M. The number of holders has exceeded 12.2K and continues to grow, showing tremendous potential to become a dark horse in the bullish market!
If anyone wants to gain further insight into the overall development of the cryptocurrency space and the meme sector, feel free to join the discussion at Meme交流區!
$SOL $DOGE $TRUMP
