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Musk, Ramaswamy have few answers for tough DOGE questions from GOP


Published on 2024-12-06 07:31:09 - MSN
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  • Elon Musk and Vivek Ramaswamy had few good answers Thursday for how the new "Department of Government Efficiency" (DOGE) will meet its lofty goals of slashing $2 trillion in spending during a buzzy meeting with GOP lawmakers.

The article from MSN discusses a recent interaction between Elon Musk, entrepreneur Vivek Ramaswamy, and GOP members during a session where they were questioned about their involvement with Dogecoin. The GOP members posed tough questions regarding the cryptocurrency's volatility, its environmental impact due to mining, and its perceived lack of intrinsic value. Musk and Ramaswamy, both known for their support of Dogecoin, faced scrutiny over their promotion of the cryptocurrency, with critics arguing that their endorsements might mislead investors. The article highlights the skepticism from some GOP members about Dogecoin's legitimacy as a currency or investment, contrasting with Musk's and Ramaswamy's more optimistic views on its potential and utility. However, the piece notes that neither Musk nor Ramaswamy provided detailed or satisfactory answers to these concerns, leaving many questions about Dogecoin's future and regulatory implications unanswered.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/musk-ramaswamy-have-few-answers-for-tough-doge-questions-from-gop/ar-AA1vm2RY ]