Sources: Bill Ackman, Travis Kalanick, and others are involved in the Department of Government Efficiency; Marc Andreessen is a networker for talent recruitment
Markets Cheer Trump's TreasuryPick Bluesky: Michael J. Stern / @michaeljstern.bsky.social : I've got a suggestion for how Elon Musk can reduce the government deficit: Start paying his fair share of taxes. — www.washingtonpost.com/business/ 202... Conor Sen / @conorsen.bsky.social : It was inevitable that Silicon Valley would get a chance to take the wheel so we might as well get on with it and see how they do — either they'll succeed, fail and be humiliated, or realize it's harder than they think and back off a bit. [embedded post] Dare Obasanjo / @carnage4life.bsky.social : The Department of Government Efficiency (DOGE) has recruited Silicon Valley heavyweights like Marc Andreessen &Travis Kalanick to push for massive federal cuts. — The question is whether this will fizzle like Trump's first tech advisory board, as this ragtag group lacks legal authority to set policy? @hyperlexic.bsky.social : The team at Twitter / X also dropped the revenue of the company by ~75%. Not exactly a compelling story. [embedded post] Jacob Bogage / @jacobbogage.bsky.social : Does DOGE have any power? Could Trump claim that power on his own? — “There is nothing ... that comes anywhere close to authorizing what they want to do,” one source said. “I can't even imagine what the argument would be beyond, ‘Gee, there are a lot of regulations & we want to get rid of them.’” Jacob Bogage / @jacobbogage.bsky.social : Even to DOGE, ambitions are unclear. — Is it $2T in immediate cuts - a likely impossible task? — Or is it cut $2T over 10 years - a likely meaningless accomplishment? Leah McElrath / @leahmcelrath.bsky.social : At this point, I'm reduced to hoping Trump's malignant narcissism will cause him to rein in these tech oligarchs who are capturing our government. [embedded post] Jay Cuthrell / @cuthrell.com : [ Narrator voice ] And so it was, as the WWE writers crossed over into the US political realm, each awkward retcon seemed all the more implausible as crowds roared for, crowds roared against, rage clicks grew, and spectacles drew attention from the slow and subtle subterfuge of a pseudo-technocracy. Jamelle / @jamellebouie.net : again, why are we treating this like it has any legal authority? [embedded post] Darren Cohen / @darrencohen.me : There is one very clear through line with so many of the incoming administration's people. Abuse of all kinds of women is not only celebrated but rewarded. [embedded post] Eric Columbus / @ericcolumbus.bsky.social : This is an appropriately skeptical story but it would be nice if reporters would ignore branding and note that the “Department of Government Efficiency” is a “department” just like I'm the King of England. It's a glorified advisory committee with zero power. — www.washingtonpost.com/business/ 202... Jael Holzman / @jael.bsky.social : the tone of recent wapo reporting has me thinking a Twitter/X style slicing and dicing of the government is likely to wind up in the hands of the current supreme court [embedded post] X: Faiz Siddiqui / @faizsays : NEW: Elon Musk surrogates who oversaw sweeping changes at his companies, incl. Tesla and X, are involved in planning for the DOGE, which is eyeing the ideas they implemented (job cuts, RTO) for the federal govt. Steve Davis, Antonio Gracias (+Travis Kalanick) said to be involved Jeff Stein / @jstein_wapo : NEW: Musk & Ramaswamy are building their “DOGE” team, tapping Washington operators, Musk allies, and tech executives, sources say Legal authority will be crucial & is in doubt Vought will be a key ally at OMB W/ @lizzadwoskin @faizsays @jacobbogage https://www.washingtonpost.com/ ... Elizabeth Dwoskin / @lizzadwoskin : Advising DOGE: Andreessen and Lonsdale (passing names, recruiting), Bill Ackman (advice), Travis Kalanick & Emil (Uber crew), Steve Davis and Antonio Gracias (Musk-biz world). NEW via me @JStein_WaPo @faizsays @jacobbogage https://www.washingtonpost.com/ ...
I've got a suggestion for how Elon Musk can reduce the government deficit: Start paying his fair share of taxes. — www.washingtonpost.com/business/ 202...
It was inevitable that Silicon Valley would get a chance to take the wheel so we might as well get on with it and see how they do — either they'll succeed, fail and be humiliated, or realize it's harder than they think and back off a bit. [embedded post]
The Department of Government Efficiency (DOGE) has recruited Silicon Valley heavyweights like Marc Andreessen & Travis Kalanick to push for massive federal cuts. — The question is whether this will fizzle like Trump's first tech advisory board, as this ragtag group lacks legal …
Does DOGE have any power? Could Trump claim that power on his own? — “There is nothing ... that comes anywhere close to authorizing what they want to do,” one source said. “I can't even imagine what the argument would be beyond, ‘Gee, there are a lot of regulations & we want …
Even to DOGE, ambitions are unclear. — Is it $2T in immediate cuts - a likely impossible task? — Or is it cut $2T over 10 years - a likely meaningless accomplishment?
At this point, I'm reduced to hoping Trump's malignant narcissism will cause him to rein in these tech oligarchs who are capturing our government. [embedded post]
[ Narrator voice ] And so it was, as the WWE writers crossed over into the US political realm, each awkward retcon seemed all the more implausible as crowds roared for, crowds roared against, rage clicks grew, and spectacles drew attention from the slow and subtle subterfuge of a…
There is one very clear through line with so many of the incoming administration's people. Abuse of all kinds of women is not only celebrated but rewarded. [embedded post]
This is an appropriately skeptical story but it would be nice if reporters would ignore branding and note that the “Department of Government Efficiency” is a “department” just like I'm the King of England. It's a glorified advisory committee with zero power. — www.washingtonpo…
the tone of recent wapo reporting has me thinking a Twitter/X style slicing and dicing of the government is likely to wind up in the hands of the current supreme court [embedded post]
NEW: Elon Musk surrogates who oversaw sweeping changes at his companies, incl. Tesla and X, are involved in planning for the DOGE, which is eyeing the ideas they implemented (job cuts, RTO) for the federal govt. Steve Davis, Antonio Gracias (+Travis Kalanick) said to be involved
NEW: Musk & Ramaswamy are building their “DOGE” team, tapping Washington operators, Musk allies, and tech executives, sources say Legal authority will be crucial & is in doubt Vought will be a key ally at OMB W/ @lizzadwoskin @faizsays @jacobbogage https://www.washingtonpost.com/…
Advising DOGE: Andreessen and Lonsdale (passing names, recruiting), Bill Ackman (advice), Travis Kalanick & Emil (Uber crew), Steve Davis and Antonio Gracias (Musk-biz world). NEW via me @JStein_WaPo @faizsays @jacobbogage https://www.washingtonpost.com/ ...