Musk first described the Doge blueprint and tried to enhance the market's confidence in US debt

Panews News on February 3rd, according to Golden Ten reports, Musk, who controls the "DOGE" of the US government efficiency, recently outlines a blueprint for significantly reduced US expenses and regulations, including the abolition of the USAID (USAID). Musk said in the X Spaces audio conference that it is necessary to completely clean up US regulations. As Trump's largest gold master, he revealed that his team is promoting the closure of a foreign aid agency established by the US Congress. Reduce plan.

In addition, Musk also announced that this week will talk to Morgan Chase CEO Dimon, trying to persuade the bond market to believe that its "DOGE" cost reduction plan can enhance the market's confidence in US debt. Any signs of any significant reduction of expenditure and improving fiscal deficit are good news for investors who bet on US debt yields. The nearly one -hour audio discussion was the first time that Musk's "DOGE Plan" was talked about after Trump ’s victory. Republican senator Joni Ernst, Mike Lee, and the former“ Doge "joint director Vivek Ramaswamy participated in the free discussion.

The analysis believes that the intensive actions of Musk's two weeks before Trump's governance show that the authority of "DOGE" has far exceeded the scope of the administrative order of the department -the order only requires it to "upgrade the federal technology software to improve government efficiency by upgrading government efficiency And productivity ".