Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

President Trump teases ‘last day, but not really’ for Elon Musk at DOGE: Oval Office presser set for Friday

by May 30, 2025
May 30, 2025
President Trump teases ‘last day, but not really’ for Elon Musk at DOGE: Oval Office presser set for Friday

Elon Musk is finishing his official role in the Trump administration, but if President Trump’s latest Truth Social post is any indication, the billionaire isn’t going far.

‘I am having a Press Conference tomorrow at 1:30 P.M. EST, with Elon Musk, at the Oval Office,’ Trump posted Thursday. ‘This will be his last day, but not really, because he will, always, be with us, helping all the way. Elon is terrific!’

Musk’s government service will end May 30, the legal 130-day limit for his ‘special government employee’ designation. He was appointed in January to head the Department of Government Efficiency (DOGE), created by executive order on Inauguration Day.

‘As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,’ Musk posted on X Wednesday. ‘The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.’

White House press secretary Karoline Leavitt emphasized Thursday ‘the DOGE leaders are each and every member of the President’s Cabinet and the president himself, who is wholeheartedly committed to cutting waste, fraud and abuse from our government.’

And the cuts are adding up.

According to a May 26 update on DOGE’s website, the initiative has saved $175 billion through asset sales, contract cancellations, fraud payment crackdowns and other spending cuts. That translates to about $1,087 in savings per taxpayer.

DOGE’s reach has extended across the federal government, but not without pushback.

Democrats in Congress have sharply criticized Musk’s role. During a February House Oversight hearing, Rep. Melanie Stansbury, D-N.M., called his influence ‘reckless and illegal,’ accusing Trump of ‘outsourcing governing to a billionaire who answers to no one.’ 

Rep. Jasmine Crockett, D-Texas, warned Musk was acting as an ‘unelected official’ inside the executive branch.

Despite the criticism, markets are welcoming Musk’s return to the private sector. Bloomberg reported Tesla shares rose 4.2% this week on news of his government exit.

In an investor call earlier this month, Musk reassured shareholders, ‘Starting in June, I’ll be allocating far more time to Tesla and SpaceX now that the groundwork at DOGE is in place.’

The White House did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Diana Stacy and Andrew Mark Miller contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Trump denounces court’s ‘political’ tariff decision, calls on Supreme Court to act quickly
next post
Nationwide rewards members with £100 payout after record profits and Virgin Money deal

You may also like

Seattle tests prospective fire lieutenants on woke ideology,...

May 26, 2023

Trump-Endorsed Kari Lake Releases Statement On Shameful Democrat...

October 10, 2022

Vulnerable Democrat governor faces crowded field of challengers,...

January 9, 2023

PREDATOR CLASS REUNION: World Economic Forum Hosts Creepy...

September 20, 2022

“I Was Hoping That There’d Be Accountability at...

November 4, 2022

Iran’s supreme leader opens up to relaxing hijab...

January 5, 2023

Taiwan eyes $15B military package in signal to...

November 11, 2024

BIDEN ECONOMY: Business Activity Slumps as Manufacturing and...

November 25, 2022

Tesla robots visit Capitol Hill amid anti-DOGE protests,...

March 27, 2025

Biden admin anticipating retaliation after US-UK joint strike...

January 12, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

      June 1, 2025
    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

      June 1, 2025
    • Senate Republicans eye changes to Trump’s megabill after House win

      June 1, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 1, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 1, 2025
    • Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

      June 1, 2025

    Categories

    • Business (8,105)
    • Investing (2,000)
    • Politics (15,458)
    • Stocks (3,119)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved