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<ul class="summary-list"><li>The Department of Government Efficiency wouldn't be a department, but an outside advisory group.</li><li>Under current law, Congress needs to approve most budget changes, limiting the DOGE's power.</li></ul>President-elect Donald Trump on Wednesday announced a new effort to slash what he sees as federal inefficiency, with Elon Musk as cost-cutter-in-chief.Trump <a target="_blank" href="https://www.businessinsider.com/elon-musk-trump-cabinet-election-x-2024-9">made good on a campaign promise</a> when he tapped Musk to co-lead the proposed "Department of Government Efficiency," or DOGE, alongside former GOP presidential candidate Vivek Ramaswamy.Musk says he wants to cut $2 trillion from the federal budget to make it more efficient and effective. Beyond that, though, little is known about how the DOGE will function and how much power it — <a target="_blank" href="https://www.businessinsider.com/trump-adopts-elon-musk-plan-cut-government-spending-efficiency-reform-2024-9">and Musk</a> — will have.Musk did not respond to Business Insider's request for comment for this article. A representative for Ramaswamy declined to comment.<h2 id="2dc0c03e-9977-4403-9201-3d55e844524d">What do we know about the DOGE?</h2>Despite its name, the DOGE will <a target="_blank" href="https://www.businessinsider.com/elon-musks-doge-gets-a-government-checkmark-on-x-2024-11">not actually be a government department</a>, as departments are permanent and can only be created by Congress. Instead, it will function "outside of the government" and disband by July 4, 2026, Trump said in a statement.<div type="image" title="Trump and Musk at a rally" height="2584" width="4184" msid="115360794" hostid="261" sizebytes="161264"></div>The name DOGE is an homage to Musk's preferred cryptocurrency, Dogecoin, which shot up in value after Trump won the election. Under current law, the DOGE might not be able to accomplish much, since Congress controls federal spending."They have no power. No power at all," Elaine Kamarck, a senior fellow at the nonpartisan Brookings Institute who led efforts to reform the federal government under former President Bill Clinton, told Business Insider. "They do make recommendations, and once they make recommendations, the expectation is that the government will act on them."There's no guarantee that a recommendation will turn into a policy, especially given that many of the DOGE's suggestions will likely require congressional approval, Kamarck said.<h2 id="0f11a880-6c1f-4025-a722-a860ae33d16c">The DOGE's $2 trillion goal is something of a pipe dream.</h2>Federal spending <a target="_blank" href="https://www.businessinsider.com/trump-elon-musk-vivek-ramaswamy-department-government-efficiency-doge-2024-11">reached $6.75 trillion in 2024</a>. Multiple experts told BI that it's unlikely Musk will be able to cut his desired $2 trillion without sacrificing programs that have wide bipartisan support or fall under federal mandatory spending, like Medicare and Social Security. Kamarck called the $2 trillion goal the "most unrealistic" part of the whole DOGE plan.Trump has long been preoccupied with cutting what he sees as Washington's waste and fraud."The Department of Government Efficiency (DOGE) will ultimately be staffed and dedicated to this mission," Brian Hughes, a spokesperson for Trump's transition team, told BI in a statement.Quoting former Rep. Barney Frank, Kamarck said that excess federal spending is "marbled" <a target="_blank" href="https://www.businessinsider.com/elon-musk-vivek-ramaswamy-doge-government-efficiency-what-us-spends-2024-11">throughout the budget</a>, like fat throughout a steak, making the DOGE's desired $2 trillion in cuts tricky."It just doesn't work, unless you decide to start cutting Social Security benefits or Medicare, at which point all hell breaks loose," she told BI. "And you know, the bromance between Trump and Musk will end very quickly."Known for <a target="_blank" href="https://www.businessinsider.com/elon-musk-efficiency-companies-tesla-spacex-x-2024-11">streamlining efficiency at his companies</a>, Musk says he wants to cut bureaucracy, shrink the federal workforce, and trim the number of federal agencies down to no more than 99 (there are currently <a target="_blank" href="https://www.federalregister.gov/agencies">more than 440</a>).Douglas Holtz-Eakin, the former director of the Congressional Budget Office, told BI that he doubted that the loosely defined group would be able to accomplish much given its sprawling $2 trillion target."It is hard for me to get seriously ginned up about it until there's a real structure there that suggests that this makes some sense and has a purpose," he said. "If something is designed to do everything, it will do nothing."<h2 id="6bcaf431-1be5-4839-9b83-d0f24a7146cf">The DOGE will exist "outside of government."</h2>In one scenario, the DOGE could function as an advisory committee, which Trump can create through an executive order. The president-elect said the DOGE will work with the Office of Management and Budget, which prepares the president's budget request for Congress."They have made clear that this is a non-governmental department, which is not a familiar term, and so it's not really clear how the organization will operate because of that," Lisa Gilbert, co-president of the progressive nonprofit advocacy group Public Citizen, told BI. "It might be an advisory committee of non-governmental actors, but even from that posture, it won't have the authority to alter budgets or fire employees or rescind regulations."<div type="image" title="Donald Trump and Elon Musk" height="1910" width="2707" msid="115360796" hostid="261" sizebytes="118134"></div>Kamarck said that there are specific rules laying out how much interaction external committees can have with the government, but it's not clear how Trump, Musk, and Ramaswamy envision the <a target="_blank" href="https://www.businessinsider.com/elon-musk-doge-hiring-staff-how-to-apply-2024-11">internal infrastructure of the DOGE</a>."How are they going to talk to each other? How are they going to meet with each other? Are they going to go talk to anybody in the government, or are they just going to make up things from 50 miles away?" she said.On November 14, the DOGE <a target="_blank" href="https://x.com/DOGE/status/1857076831104434289">said in a post on X</a> that it is seeking "super high-IQ small-government revolutionaries willing to work 80+ per week on unglamorous cost-cutting." Musk said on his <a target="_blank" href="https://x.com/elonmusk/status/1857112441529700671">personal X account</a> that the positions will not be paid.<h2 id="4c25da3e-39de-44e2-a1c5-c7249f9fc728">Trump has talked about changing a key law that limits his federal spending power.</h2>Trump, Musk, and Ramaswamy may try to circumvent the congressional obstacles standing in the way of their cost-cutting agenda. Last year, Trump expressed interest in going after the Impoundment Control Act, a 1974 provision that requires the president spend funds that Congress has appropriated."Bringing back Impoundment will give us a crucial tool with which to obliterate the Deep State, Drain the Swamp, and starve the Warmongers," the president-elect <a target="_blank" href="https://www.donaldjtrump.com/agenda47/agenda47-using-impoundment-to-cut-waste-stop-inflation-and-crush-the-deep-state">said in a video</a> in June 2023.Holtz-Eakin said attempting to skirt the impoundment act would be like rewriting history, and Kamarck told BI that any attempt to not spend money that Congress has appropriated poses big Constitutional questions."If he tries to change the law so that he can impound funds, my guess is there'll be a fight in the Congress and he'll lose," she said.<h2 id="4956dc95-91da-4028-b1b3-d843a1509397">Musk could bump up against many conflicts of interest but likely wouldn't have to divest from his companies.</h2>If the DOGE is a federal advisory committee, Musk and Ramaswamy would likely be "special government employees," who are experts or consultants that can work for a federal agency or the White House for up to 130 days. They do not get paid and, crucially, would not have to divest from their companies."They've been clear also that they're staying in their roles as the heads of companies and in other places," Gilbert said. "Not being a part of government means they don't have to deconflict themselves."In a press release for Public Citizen, Gilbert said that Musk's "own businesses have regularly run afoul of the very rules he will be in position to attack" as the DOGE co-lead.<div type="image" title="Donald Trump and Vivek Ramaswamy" height="5504" width="8256" msid="115360795" hostid="261" sizebytes="4296554"></div>In the role, Musk and Ramaswamy would still be bound to federal ethics laws and have to recuse themselves from conversations that affect them personally, <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-11-14/doge-what-can-musk-do-with-the-department-of-government-efficiency?srnd=homepage-americas">Bloomberg</a> reported. With his companies under investigation from at least 20 federal regulatory agencies and SpaceX having more than $15 billion in federal contracts, Musk could face many such conflicts.Kamarck said that there's no "firm line" about when employees need to take themselves out of discussions, but that lawyers address questions on a case-by-case basis.Musk has expressed public frustration with what he views as overbearing federal oversight, which he said has <a target="_blank" href="https://www.nytimes.com/2024/11/12/us/politics/elon-musk-vivek-ramaswamy-trump.html">slowed down his pace of business</a>.By law, meetings of advisory committees, like the kind the DOGE could be, need to be open, and Musk has no problem with the <a target="_blank" href="https://www.businessinsider.com/elon-musk-doge-leaderboard-federal-government-spending-trump-2024-11">transparency</a> — in fact, he seems to invite it. In a post on X, the billionaire promised to post all of the group's actions online <a target="_blank" href="https://www.businessinsider.com/elon-musk-leaderboard-government-spending-marketing-genius-doge-donald-trump-2024-11">"for maximum transparency</a>" and said the public should chime in with their opinions.It's also possible the group might intentionally avoid becoming a federal committee because of the increased oversight and scrutiny, Holtz-Eakin said."It's not a federal committee as far as I can tell," he said. "I think that's deliberate. If you do that, then you're subject to lots of things like a conflict of interest you have to sign off on, and I think that would be a nightmare for Mr. Musk. And so they're not going to let it tiptoe toward federal jurisdiction."Until Trump actually forms the DOGE, if he ever does, the legal and bureaucratic details remain murky, and the experts BI spoke with aren't convinced that it will work well."It sounds a little screwy, frankly," Kamarck said.

How Elon Musk's Department of Government Efficiency could actually work

<ul class="summary-list"><li>Donald Trump has officially ushered Elon Musk into his future administration.</li><li>The president-elect said Tuesday that Musk would help lead the Department of Government Efficiency.</li></ul>President-elect Donald Trump on Tuesday said that Tesla CEO <a target="_blank" class="" href="https://www.businessinsider.com/trump-won-election-what-that-means-for-elon-musk-2024-11">Elon Musk</a> and businessman Vivek Ramaswamy will lead the Department of Government Efficiency, also known as DOGE, under his administration."Together, these two wonderful Americans will pave the way for my Administration to dismantle the Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies Essential to the 'Save America' Movement," Trump said in a statement. Trump characterized the endeavor as "The Manhattan Project of our time."On the campaign trail, Musk, who poured millions of dollars into electing Trump, spoke frequently about his <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-rally-elon-musk-save-department-government-efficiency-2024-10">desire to curb federal government spending.</a>The federal government's spending in the 2024 fiscal year was $6.75 trillion.This story is breaking. Please check back for updates.

Donald Trump says Elon Musk will help run the Department of Government Efficiency, or DOGE

<ul class="summary-list"><li>Trump tapped Elon Musk and Vivek Ramaswamy to co-lead a new Department of Government Efficiency.</li><li>The aim of the department is to cut government spending.</li></ul>President-elect Donald Trump has chosen <a target="_blank" class="" href="https://www.businessinsider.com/trump-elon-musk-vivek-ramaswamy-department-government-efficiency-doge-2024-11">his picks to help cut government spending</a>. Areas like transportation and education could face heightened scrutiny.On Tuesday, Trump selected Tesla CEO <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-trump-tesla-spacex-x-department-government-efficiency-jobs-2024-11">Elon Musk</a> and former GOP presidential candidate Vivek Ramaswamy to co-lead a new Department of Government Efficiency, or <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/dogecoin-price-market-value-ford-crypto-boom-trump-elon-musk-2024-11">DOGE </a>— an acronym that matches a dog-themed meme that Musk has frequently referenced.The department does not currently exist as a government agency, so Musk and Ramaswamy's role would likely entail offering advice to Trump on areas to cut spending, which Congress would then need to approve.<a target="_blank" class="" href="https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/#spending-categories">Data</a> from the Treasury Department shows that the government spent $6.75 trillion in fiscal year 2024, resulting in a deficit. The highest amounts of spending came from the Department of Health and Human Services, the Social Security Administration, and the Treasury Department.Social Security accounted for $1.46 trillion of the spending, health accounted for $912 billion, and Medicare made up $874 billion of the government spending over the past year.Trump said in the announcement that the office would "provide advice and guidance from outside of Government, and will partner with the White House and Office of Management &amp; Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before."Every year, Congress has to approve discretionary spending through the annual appropriations process. That includes areas like the $305 billion spent on education and other social services and the $137 billion spent on transportation.Social Security and Medicare are forms of mandatory spending that do not require annual congressional approval and would require legislation to change.Musk said during a Trump rally prior to the election that he would identify at least $2 trillion in spending cuts, which would amount to nearly a third of total government spending, including the mandatory retirement security programs.Trump said that Musk and Ramaswamy's work will be concluded "no later than July 4, 2026." While it's unclear what the government efficiency department will advise, Trump has previously <a target="_blank" class="" href="https://www.businessinsider.com/student-loan-forgiveness-under-trump-biden-debt-relief-efforts-stalled-2024-11">suggested</a> shutting down government agencies, like the Education Department, to reduce inefficiency. Ramaswamy has echoed that sentiment, voicing support for <a target="_blank" class="" href="https://www.businessinsider.com/candidate-vivek-ramaswamy-wants-shut-down-fbi-replace-it-2023-4">shutting down a range of agencies</a>, including the IRS and the FBI.Trump alone could not close a federal agency — doing so would require congressional approval.Karoline Leavitt, a Trump-Vance transition spokeswoman, said in a statement to Business Insider: "The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail. He will deliver." She did not elaborate on the areas the government efficiency commission would prioritize for spending cuts.Musk also <a target="_blank" class="" href="https://x.com/elonmusk/status/1856520760656797801">wrote</a> on X on Tuesday that all of the department's actions will be posted online "for maximum transparency" and that "anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!"

Elon Musk is looking to cut government waste. Here's what the US spends money on right now.

<ul class="summary-list"><li><a target="_blank" class="" href="https://www.businessinsider.com/elon-musk">Elon Musk's</a> Department of Government Efficiency is looking for people to join the effort.</li><li>Musk posted that the compensation is "zero." So, is this a real job opportunity?</li></ul>The new quasi-department <a target="_blank" class="" href="https://www.businessinsider.com/trump-elon-musk-vivek-ramaswamy-department-government-efficiency-doge-2024-11">Elon Musk is creating to root out wasteful government spending</a> has generated lots of buzz — but how exactly does a person apply for a job there? And is it actually a paid job?So far, it's not entirely clear.At the moment, what we know about <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-doge-hiring-staff-how-to-apply-2024-11">a potential position</a> at the new unofficial Department of Government Efficiency <a target="_blank" class="" href="https://x.com/DOGE/status/1857076831104434289">comes from a post</a> on its <a target="_blank" class="" href="https://www.businessinsider.com/elon-musks-doge-gets-a-government-checkmark-on-x-2024-11">newly created X account.</a> The post says DOGE — named after a Musk-linked cryptocurrency — is looking for the "Top 1%" of applicants who must be "super high-IQ" and willing to work 80-plus-hour weeks.It's unclear if the demanding role would come with a paycheck.In response to one user's post, <a target="_blank" class="" href="https://x.com/elonmusk/status/1857112441529700671">Musk wrote on X</a>: "Indeed, this will be tedious work, make lots of enemies &amp; compensation is zero. What a great deal!" He concluded the comment with a crying-laughing emoji — making it not quite clear if he was joking about the no compensation part.Musk didn't respond to an email from BI, and the DOGE account didn't respond to a direct message. The Trump transition team also didn't respond to an email asking for more details.Earlier this week, Brian Hughes, a Trump transition team spokesman, said in a statement to BI: "As President Trump has said, Elon Musk is a genius, an innovator, and has literally made history by building creative, modern, and efficient systems."Representatives for Vivek Ramaswamy, who incoming President Trump tapped to co-lead DOGE alongside Musk, also didn't respond to a request for comment.Among the other questions about the possible job opening is how a person is supposed to apply. DOGE's post on X asks prospective applicants to send their resumes via direct message to its X account.But, as a <a target="_blank" class="" href="https://x.com/ValentinaForUSA/status/1857076999166050375">number</a> of <a target="_blank" class="" href="https://x.com/_BlakeHabyan/status/1857078088418426903">X users</a> <a target="_blank" class="" href="https://x.com/OAlexanderDK/status/1857079220796551233">pointed</a> out, the department's DMs at first apparently weren't open for users who didn't have a paid X subscription. The account's DMs as of Friday afternoon were open to any X user — and BI was able to successfully send a message to the account without a paid subscription.Still, a job seeker would need to have an X account — even if just a free one — to send a direct message to DOGE. That means that if someone didn't already have an account on the <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-twitter">platform that Musk owns</a>, the person would — as of now, at least — need to start one to apply for the role.It's not clear if there will be an official DOGE website coming with a more traditional application process.

Elon Musk's DOGE is looking for people to help cut government spending. But is he offering a real job? And is it paid?

New Delhi: The <keyword id="19938513" type="General" weightage="20" keywordseo="Department-of-Consumer-Affairs" source="keywords" meta.keywordsubtype="org" meta.entityname="Department of Consumer Affairs" meta.hostid="268" meta.entityid="Department of Consumer Affairs">Department of Consumer Affairs</keyword> has constituted a committee of experts to recommend a robust framework for a <keyword id="22964001" type="General" weightage="100" keywordseo="Repairability-Index" source="keywords">Repairability Index</keyword> aimed at empowering consumers and promoting <keyword id="20128078" type="General" weightage="20" keywordseo="sustainable-practices" source="keywords">sustainable practices</keyword> within the tech industry. The committee, chaired by Department of Consumer Affairs (DoCA) Additional Secretary Bharat Khera, will develop the Repairability Index to provide consumers with greater transparency on repair information for their products and foster a more sustainable technology industry. The National Workshop on the Right to Repair in the <keyword id="20881182" type="General" weightage="20" keywordseo="mobile-and-electronics" source="keywords">Mobile and Electronics</keyword> Sector, convened on August 29, brought together industry stakeholders to establish a consensus on the framework for evaluating components for the Repairability Index, fostering longevity in product design and democratising access to repair information and spare parts. "The framework on Repairability Index aimed to provide consumers with essential information about product repairability besides seamless access to spare parts will enable informed purchasing decisions," the DoCA said in a statement. The committee, which includes representatives from the Ministry of Electronics and Information Technology (MeitY), Ministry of Micro, Small and Medium Enterprises (MSME) and industry stakeholders, is expected to submit a comprehensive report on the Repairability Index framework by November 15. The key components of the proposed Repair Ecosystem include comprehensive repair information, accessible spare parts, affordable tools, modular product design and ensuring the economic feasibility of repairs for consumers. "By standardising the assessment of repairability, the index will create an ecosystem where consumers can easily compare products and choose options that align with the ethos of mindful consumption and sustainability," the DoCA statement said.

Government set to introduce Repairability Index for mobile, electronics products

<ul class="summary-list"><li>Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said.</li><li>The ban comes amid a global effort to curb kids' use of social media.</li></ul>With young people using social media more than ever, and those social media companies perfecting the algorithms that keep them engaged, concerns about social media addiction are taking root all over the world. Now, Australia wants to ban social media for everyone under 16.Australian Prime Minister Anthony Albanese announced the plan on Thursday. Australia's social media ban will be introduced into Parliament during its final session this year, which begins on November 18. If passed, social media companies will have 12 months to figure out how to keep minors off their apps before the law is enforced, he said."This one's for the moms and dads," Albanese said in a press conference. "Social media is doing harm to our kids, and I'm calling time on it."Albanese told reporters that the proposed law would "put the onus" on social media companies to show that they are taking reasonable steps to keep children off of their apps, and not on parents."There will be no penalties for users," he said.Australia's announcement comes on the heels of a multistate lawsuit in the United States that seeks to hold TikTok accountable for deploying "addictive" strategies aimed at kids and teenagers.In October, attorneys general from 14 different states <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/ny-ag-letitia-james-stealth-trump-fraud-tiktok-2024-10">filed lawsuits against TikTok</a>. They said the app is addictive and profits from damaging the mental health of children.Internal TikTok documents from the lawsuit filed in Kentucky showed that TikTok employees determined that young users can become addicted to the app after viewing 260 videos. Given that most TikTok videos are about 8 seconds, Kentucky's authorities calculated that a child could be addicted after just 35 minutes of using the app, the document says.In the UK, meanwhile, lawmakers introduced a bill in October that would require social media companies to exclude children under 16 from algorithms that harvest their data. The law is meant to make it more difficult for companies to push addictive content to children, according to The Guardian.In Australia, Albanese said that social media has seeped into every part of life, which led him to believe that a ban for underage users was "absolutely the right thing to do."Around 97% of teens use social media across various platforms in Australia, according to <a target="_blank" class="editor-rtfLink" href="https://www.reuters.com/business/media-telecom/australias-planned-social-media-ban-raises-teen-isolation-fears-2024-10-15/">Reuters</a>."This would be the number one discussion outside the schoolgate, on the sideline of tennis, cricket, football, netball, swimming — as parents gather, it's something of enormous concern," Albanese said.Albanese called the legislation "world-leading," but some experts oppose the ban, calling it too broad. More than <a target="_blank" href="https://www.westernsydney.edu.au/young-and-resilient/news/in_media/young_and_resilient_research_centre_joins_chorus_of_nearly_150_australian_and_international_experts_opposing_social_media_ban_for_u16s">140 experts</a> from Australia and other countries signed an open letter opposing the law, saying that the ban doesn't do enough to address children who need access to critical services through social media, among other concerns.Jackie Hallan, director at ReachOut, a youth mental health service, told the Associated Press that she also opposed the ban. According to Hallan, 73% of young people in Australia needing mental health services access it through social media."We're uncomfortable with the ban," Hallan told the outlet. "We think young people are likely to circumvent a ban and our concern is that it really drives the behavior underground and then if things go wrong, young people are less likely to get support from parents and carers because they're worried about getting in trouble."Meta's head of safety, Antigone Davis, told The Associated Press that the company would respect any age limitations that the Australian government wants to introduce."However, what's missing is a deeper discussion on how we implement protections, otherwise we risk making ourselves feel better, like we have taken action, but teens and parents will not find themselves in a better place," Davis said in a statement.Davis added that stronger parental control tools in app stores and operating systems would be a "simple and effective solution" to keep children from downloading unwanted apps.

Australia wants to ban kids under 16 from social media as world governments seek to crack down on the 'addictive' apps

<ul class="summary-list"><li><keyword id="19947945" type="General" weightage="20" keywordseo="JPMorgan-Chase" source="keywords" meta.keywordsubtype="org" meta.entityname="JPMorgan Chase" meta.hostid="261" meta.entityid="JPMorgan Chase">JPMorgan Chase</keyword>'s <keyword id="19940300" type="General" weightage="20" keywordseo="CEO" source="keywords">CEO</keyword> said Friday that he doesn't plan to join the next <keyword id="23582911" type="General" weightage="20" keywordseo="presidential-administration" source="keywords">presidential administration</keyword>.</li><li><keyword id="20214240" type="General" weightage="20" keywordseo="Jamie-Dimon" source="keywords">Jamie Dimon</keyword> said he expects to stay at JPMorgan "for a long period" rather than join the government.</li></ul>Jamie Dimon on Friday shed new light on how long he might remain in <a target="_blank" href="https://www.businessinsider.com/jamie-dimon-jp-morgan-ceo-first-republic-bank-rescue-2023-3">the top job at JPMorgan Chase</a>, suggesting he would likely reject an opportunity to join a presidential administration and that he intends to stick with America's biggest bank "for a long period of time." "I think the chance of that is almost nil, and probably I'm not going to do it," Dimon said in response to a question from a Wells Fargo stock analyst about whether he'd say yes <a target="_blank" href="https://www.businessinsider.com/jamie-dimon-denies-donald-trump-claim-endorse-2024-10">if offered a job</a> with the next US president. "I intend to be doing what I'm doing — I almost guarantee I'll be doing this — for a long period of time, or at least until the board kicks me out," he said. In May, Dimon made headlines when he said <a target="_blank" href="https://www.businessinsider.com/jamie-dimon-career">his time as JPMorgan's CEO</a> was coming to a close. "The timetable is not five years anymore," he told investors, a reference to a running joke about how every other time he was asked how long he might remain at the helm, he often said five years. So what gives? Is Dimon staying or going? The statements are not necessarily contradictory. One way he could stay on is as the bank's chairman of the board, a role he holds now in addition to CEO. (The firm has previously said it intends to separate the CEO and chairman roles after Dimon steps down.) Chairmen oversee companies' boards of directors, giving them an important platform from which to steer the organization and ensure that it's serving shareholders. But the chairman isn't the chief executive, meaning that he would be removed from running the company day-to-day and making most operational decisions. Indeed, when the question was put to a JPMorgan spokesperson, we got this response: "His timeline has not changed since his Investor Day comments, and ultimately it's up the board," the spokesperson said, adding: "We have said he could become Chairman after stepping down as CEO." Other bank CEOs who have extended their relationships with firms through chairman roles include Lloyd Blankfein, who was named a senior chairman of Goldman Sachs in 2018, when David Solomon took the top job. Of course, Dimon also didn't rule out the possibility that he might leave Wall Street for a career in public service. When asked whether he would consider a <keyword id="19927357" type="General" weightage="20" keywordseo="government-job" source="keywords">government job</keyword> under the right circumstances, he demurred. "I've always been an American patriot. My country is more important to me than my company," he said, explaining why he's so involved in guiding public policy. After saying he wouldn't likely accept a government job, he added: "But I've always reserved the right. I don't make promises to people. I don't have to." <h2>Political prognostications</h2>Dimon made the comments during the company's third-quarter earnings call to <a target="_blank" href="https://www.businessinsider.com/jpmorgan-earnings-q3-jamie-dimon-economy-geopolitics-banking-wall-street-2024-10">review its most recent performance</a>. JPMorgan reported net income of nearly $13 billion, with revenue from consumer and community banking topping $17 billion and investment-banking revenue reaching $2.4 billion, a nearly 30% increase from the same time last year. Asset and wealth management revenue was up nearly 10% over the same period, exceeding $5 billion. Goldman Sachs, Citi, and Bank of America will report earnings on Tuesday. Dimon on Friday opened his press release with a statement that included his thoughts on the current geopolitical environment, which he called "treacherous." "We have been closely monitoring the geopolitical situation for some time, and recent events show that conditions are treacherous and getting worse," Dimon wrote. "There is significant human suffering, and the outcome of these situations could have far-reaching effects on both short-term economic outcomes and more importantly on the course of history." He also warned that "critical issues remain," like fiscal deficits, infrastructural concerns, and the "remilitarization of the world." His pontifications about global affairs have become more pessimistic in tone in recent months as he's weighed in on <a target="_blank" href="https://www.businessinsider.com/jamie-dimon-likes-musks-department-of-government-efficiency-idea-2024-9">a range of international issues</a>. The Wells Fargo analyst on Friday suggested Dimon has been commenting on government pontifications in the past year more than at any other time in his career, raising questions about his political aspirations. On Friday's call, Dimon also suggested that he's taking a conservative view of JPMorgan's spending as a result of the turbulent geopolitical environment. When asked how the bank might spend its excess cash, whether to buy back stock or invest in the business he suggested that now is the time to save. "Cash is a very valuable asset sometimes in a turbulent world," Dimon said. "You see my friend Warren Buffett stockpiling cash right now. I mean, people should be a little more thoughtful about how we're trying to navigate in this world." Correction: October 11, 2024 — An earlier version of this story misspelled Lloyd Blankfein's name.

Jamie Dimon suggests he will remain at JPMorgan for a very long time

The former <keyword id="19935584" type="General" weightage="20" keywordseo="RSS-chief" source="keywords">RSS chief</keyword>, <keyword id="23419565" type="General" weightage="20" keywordseo="Subhash-Velingkar" source="keywords">Subhash Velingkar</keyword>, recently stirred significant controversy by demanding a <keyword id="20615498" type="General" weightage="20" keywordseo="DNA-test" source="keywords">DNA test</keyword> on the relics of <keyword id="23459102" type="General" weightage="20" keywordseo="St-Francis-Xavier" source="keywords">St. Francis Xavier</keyword>. Velingkar claims that the test would confirm the authenticity of the remains, but his statement has triggered protests and condemnation from Goa’s <keyword id="19935795" type="General" weightage="20" keywordseo="Catholic-community" source="keywords">Catholic community</keyword>, who view it as a direct affront to their faith. This article will explore the significance of St. Francis Xavier in Goa, examine the implications of a DNA test, and review the political and social reactions to Velingkar's statement. <h2>St. Francis Xavier in Goa</h2>St. Francis Xavier, one of the most venerated Catholic saints in the world, arrived in Goa in 1542 as a Jesuit missionary. He played a crucial role in establishing Christianity in Goa and spreading it across Asia. Known for his compassion and selfless dedication, he is affectionately referred to by Goans as “Goencho Saib” (Protector of Goa). <div type="Article" hostid="261" msid="112672114" title="“Please do not photograph our homes!” plead Goa’s homeowners" mstype="2" mssubtype="0"></div>His relics, preserved at the Basilica of Bom Jesus in Old Goa, draw millions of pilgrims from across the globe. The relics are especially significant because, every ten years, they are publicly displayed during the Exposition, a major religious event that unites the community in faith and reverence. <h2>What is a DNA test, and what could it prove?</h2>A DNA test involves analysing genetic material to establish relationships, origins, or identity. DNA testing on human remains can reveal biological data such as ancestry, possible familial connections, or genetic characteristics. In this case, Velingkar’s call for a DNA test is ostensibly aimed at verifying whether the relics truly belong to St. Francis Xavier. However, such a test would be challenging because it would require preserved genetic material, which might not be feasible — although doable under the right conditions — after nearly 450 years. The main issue is that without direct descendants or known relatives, a DNA test would have limited capacity to “prove” the relics' authenticity definitively. Many Goans argue that such a test is unnecessary, given the historical and religious context of the relics and the deep spiritual significance they hold. <h2>Protests across Goa and political fallout</h2>Velingkar’s remarks have provoked a backlash, with protests erupting across Goa. Demonstrators in Margao and Canacona have voiced their anger, demanding Velingkar be arrested for offending their <keyword id="19978801" type="General" weightage="20" keywordseo="religious-sentiments" source="keywords">religious sentiments</keyword>. At these gatherings, local leaders have condemned his statements, arguing that he is attempting to provoke divisions in Goa’s harmonious society. Some have also called for Velingkar to undergo psychological evaluation, questioning his motives and the wisdom of his demand for a DNA test. While Chief Minister Pramod Sawant has assured the public that legal action will be taken, some community members remain sceptical, perceiving a lack of urgency. The Congress party has criticised the BJP-led state government, accusing it of neglecting the issue to avoid alienating potential voter bases. <div type="Article" hostid="261" msid="111809476" title="Why is a music festival causing controversy in Goa?" mstype="2" mssubtype="0"></div>The controversy has also cast a spotlight on the BJP’s stance toward the Catholic community, particularly considering how the state was mum for an exceedingly long time on their intentions to invite Pope Francis to the upcoming Exposition. This hesitation and the ongoing controversy has compounded frustrations among Goans, leading to questions about the government’s respect for religious diversity in the state. Goa’s history is marked by religious tolerance and a unique blending of cultures. The Catholic Church has played a pivotal role in maintaining peace and fostering unity across different communities in the state. By calling for a DNA test on the relics of a beloved saint, many argue that Velingkar risks jeopardising this delicate balance. Religious leaders have warned against divisive rhetoric, underscoring that Goa’s strength lies in its ability to maintain harmony among its diverse population.

Goa protests: Why is an ex-RSS chief demanding to DNA test the body of a 450-year-old sacred saint?

A day after <keyword id="22674746" type="General" weightage="20" keywordseo="Sheikh-Hasina-resigned" source="keywords">Sheikh Hasina resigned</keyword> as Prime Minister of Bangladesh and left the country, <keyword id="22688217" type="General" weightage="20" keywordseo="President-Mohammed-Shahabuddin" source="keywords">President Mohammed Shahabuddin</keyword> on Tuesday, announced the dissolution of the country's parliament to make way for the formation of an interim administration, Dhaka Tribune reported. Based on the decision from a meeting of President Shahabuddin with the heads of the three armed forces, leaders of various political parties, representatives of civil society, and leaders of the Students Against Discrimination movement, the national parliament was dissolved, a press release from the president's office stated. It further said that Bangladesh Nationalist Party (BNP) Chairperson Khaleda Zia has been released from jail. The statement said that the process of releasing those detained in the student movement and various cases from July 1 to August 5 has begun, with many already being freed. Earlier in the day, BNP chairperson and former Prime Minister Khaleda Zia was also released. In a statement on Monday, the president's press team said that a meeting led by Shahabuddin had "decided unanimously" to free Begum Khaleda Zia immediately. "The meeting has also decided to free all the people who have been arrested during the student protests," the president's statement added. Zia, 78, a former Bangladeshi prime minister, is confined to a hospital due to poor health. In 2018, she was found guilty of corruption and given a 17-year prison sentence. She and Hasina had a long-standing feud and she was accused of abusing her position of authority by stealing almost USD250,000 in donations intended for a trust for an orphanage, according to Al Jazeera. The BNP has claimed that the cases were made up to prevent Zia from entering politics; Hasina's administration, however, refuted these claims. Bangladesh is facing a fluid political situation with Sheikh Hasina, on August 5, tendering her resignation from her post in the wake of mounting protests. The protests, led majorly by students demanding an end to a quota system for government jobs, took the shape of anti-government protests. Hasina arrived in India on Monday evening and it is not clear if she will stay in Delhi or move to another location. Meanwhile, in Dhaka, leaders of the Anti-Discrimination Student Movement have proposed an interim government led by Nobel Laureate Muhammad Yunus, in a bid to address Bangladesh's ongoing challenge. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/webstories/unicommerce-esolutions-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112307438.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/unicommerce-esolutions-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112307438.cms" target="_blank">Unicommerce eSolutions IPO – Price band to risk factors, all you need to know</a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-cross-the-1-lakh-mark-after-four-months-ola-electric-leads-the-market/articleshow/112288793.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-cross-the-1-lakh-mark-after-four-months-ola-electric-leads-the-market/articleshow/112288793.cms" target="_blank">Electric two-wheeler sales cross the 1 lakh mark after four months, Ola Electric leads the market</a> <a href="https://www.businessinsider.in/sports/news/neeraj-chopras-paris-olympics-journey-to-begin-with-qualification-round-today-top-rivals-to-look-out-for/articleshow/112311760.cms">Neeraj Chopra qualifies for finals with a first throw of 89.34m – top rivals to look out for</a>

Bangladesh Parliament dissolved ahead of interim government formation

<ul class="summary-list"><li>President Joe Biden called for port companies to offer fair deals to striking dockworkers.</li><li>Transportation Secretary Pete Buttigieg warned companies against exploiting the strike for profit.</li></ul>President Joe Biden and other government officials are urging port companies to offer stronger contracts to the <a target="_blank" href="https://www.businessinsider.com/hurricane-damage-port-strike-could-hurt-us-economy-2024-9">45,000 dockworkers</a> on strike at East and Gulf Coast ports.They're intervening because of the strike's huge economic stakes, which shut down 36 ports. It's slated to put a <a target="_blank" href="https://www.businessinsider.com/port-strike-could-wreck-us-economy-with-price-increases-scarcity-2024-10">$5 billion</a> dent in the economy per day, said analysts from JPMorgan.The message from the Biden administration is clear: Companies need to offer a fair deal to the striking workers as soon as possible.In a Tuesday post on <a target="_blank" href="https://x.com/POTUS/status/1841261609106260053">X</a>, Biden pushed for ocean carrier companies to offer "a strong and fair contract" that reflects workers' contribution to the economy since the pandemic and to these companies' record profits.Biden added that his team is actively monitoring for price gouging by foreign ocean carriers."No company should exploit this for profit," said Biden.Transportation Secretary Pete Buttigieg also warned companies against profiteering from the strikes and called on them to remove any surcharges that may unfairly burden consumers or businesses, in a Tuesday <a target="_blank" href="https://www.transportation.gov/briefing-room/transportation-secretary-pete-buttigieg-calls-ocean-carriers-withdraw-surcharges">statement</a>."No one should exploit a disruption for profit, especially at a time when whole regions of the country are recovering from Hurricane Helene," Buttigieg said.He also said the Federal Maritime Commission has been tasked with ensuring that all fees imposed during this period are "legitimate and lawful."Buttigieg said in an Instagram <a target="_blank" href="https://www.instagram.com/secretarypete/reel/DAlYNHSOQRn/">post</a> on Tuesday that he had been in contact with supply chain partners for months, and he urged all parties to "come to terms in good faith, fairly, and quickly."Acting Labor Secretary Julie Su had also been in talks with dockworkers and port operators, encouraging the groups to return to the bargaining table and "reach a fair contract," she said in a Tuesday <a target="_blank" href="https://www.dol.gov/newsroom/releases/osec/osec20241001">statement</a>.Su said that the port workers' sacrifices and importance during the pandemic and helping communities recover from Hurricane Helene were not fairly reflected in their salaries."As companies make record profits, their workers should share in that economic success," Su said in a Wednesday post on <a target="_blank" href="https://x.com/ActSecJulieSu/status/1841221828343210208">X</a>.Negotiations showed little movement until just before the strike began. The US Maritime Alliance, representing the ports, offered employees a 50% <a target="_blank" href="https://www.businessinsider.com/dockworkers-strike-biden-test-unions-harris-trump-election-2024-10">wage increase</a> over six years.Although the International Longshoremen's Association, representing thousands of dockworkers, briefly indicated a willingness to accept 61.5%, it has since reaffirmed its demand for a 77% raise over six years, the Associated Press <a target="_blank" href="https://apnews.com/article/dockworkers-strike-ports-ila-longshoremen-91703e4798dbc9ee82185e983f31a3f6">reported</a> on Wednesday.Despite calls from retailers and manufacturers to use federal powers to intervene and stop the strike, Biden has so far resisted invoking the <a target="_blank" href="https://www.businessinsider.com/dockworkers-port-strike-ila-impacts-2024-10">Taft-Hartley Act</a>, which would allow the government to force an end to the strike.In a Tuesday statement, Biden said he remains committed to collective bargaining and called on the USMX to negotiate a stronger contract for dockworkers.The White House, Department of Labor, and Department of Transportation did not respond to requests for comment sent by Business Insider outside business hours.

Biden and other government officials are telling port companies to get a better offer to striking workers ASAP

<ul class="summary-list"><li>Jamie Dimon says Elon Musk's proposed department of government efficiency is a "very good idea."</li><li>"I think governments have to become more efficient, more competent," he said to CNBC.</li></ul>JPMorgan Chase CEO Jamie Dimon says he approves of Elon Musk's proposal to create a new <a target="_blank" class="" href="https://www.businessinsider.com/trump-adopts-elon-musk-plan-cut-government-spending-efficiency-reform-2024-9">department of government efficiency </a>— or, in Musk's words, <a target="_blank" class="" href="https://x.com/elonmusk/status/1832319390940881133">DOGE</a>.Tesla and SpaceX's CEO Musk recently floated the idea of <a target="_blank" rel="" class="" href="https://www.businessinsider.com/elon-musk-trump-cabinet-election-x-2024-9">working in former President Donald Trump's government</a> as part of such a new commission if Trump wins in November."Ok, so — Elon, this idea about having an efficiency commission, I actually like the idea," Dimon said in an <a target="_blank" class="" href="https://www.youtube.com/watch?v=o7NDVxjC6rY">interview</a> with CNBC-TV18, which aired on Tuesday."I think governments have to become more efficient, more competent," he said. "And look at, when they take money, what do they get for it. I actually think it's a very good idea.""It's kind of like, remember Al Gore had the 'Reinventing Government?' We really need to do it," Dimon added.The efficiency department was a suggestion from Musk, which the Tesla chief shared with Trump during their <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-livestream-interview-trump-crashes-x-2024-8">live-streamed X conversation</a> on August 12.Musk said he'd "<a target="_blank" class="" href="https://www.businessinsider.com/trump-adopts-elon-musk-plan-cut-government-spending-efficiency-reform-2024-9">be happy to help out</a>" on a government-efficiency commission, to which Trump responded that he'd "love it" if that happened.Trump reiterated his intentions for such a commission during a speech at the Economic Club of New York on September 5, saying he plans to "create a government-efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms."Trump has also said that he would <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-wants-elon-musk-on-his-cabinet-2024-8">love to offer Musk a cabinet position</a>."He's a very smart guy. I certainly would, if he would do it, I certainly would. He's a brilliant guy," Trump said when asked if he would offer Musk a cabinet or advisory position, <a target="_blank" rel=" nofollow" class="" href="https://www.reuters.com/world/us/trump-says-he-would-consider-ending-7500-electric-vehicle-credit-2024-08-19/">Reuters</a> reported on August 19.And Musk has also said he <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-trump-cabinet-election-x-2024-9">"can't wait"</a> to be part of Trump's cabinet."I can't wait. There is a lot of waste and needless regulation in government that needs to go," Musk <a target="_blank" class="" href="https://x.com/elonmusk/status/1830829538118381574">wrote</a> on X on September 3.During the CNBC interview, Dimon said that at the moment, he will not endorse Trump or his opponent, Vice President Kamala Harris, for the presidency.But Trump, for his part, told <a target="_blank" class="" href="https://www.bloomberg.com/features/2024-trump-interview-transcript/">Bloomberg</a> in June that if he were to be elected, he might <a target="_blank" class="" href="https://www.businessinsider.com/jamie-dimon-floated-donald-trump-kamala-harris-treasury-secretary-2024-8">consider Dimon</a> for the role of the country's treasury secretary."He is somebody that I would consider, sure," Trump told Bloomberg.However, he later walked back that statement. In July, Trump <a target="_blank" rel="" class="" href="https://www.businessinsider.com/trump-denies-jamie-dimon-cabinet-treasury-secretary-2024-7">denied that he ever considered Dimon for the role</a>, writing on <a target="_blank" class="" href="https://truthsocial.com/@realDonaldTrump/posts/112836501862027675">Truth Social</a>: "I don't know who said it, or where it came from, perhaps the Radical Left, but I never discussed, or thought of, Jamie Dimon or Larry Fink for Secretary of the Treasury."Dimon has not said if he plans to take up the role if offered the job. In an August <a target="_blank" rel=" nofollow" class="" href="https://www.cnbc.com/video/2024/08/07/watch-cnbcs-full-interivew-with-jpmorgan-ceo-jamie-dimon.html">CNBC "The Exchange"</a> interview, he said he's focused on his current job at JPMorgan."I am very happy with what I'm doing," he said in the interview. "I say it over and over, but I'm very happy with what I'm doing."And during the CNBC interview this week, Dimon said, "I don't expect to be the treasury secretary."Musk, representatives of Trump and JPMorgan Chase didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Jamie Dimon says he likes Elon Musk's idea to start a DOGE, or Department of Government Efficiency

The <keyword id="19987636" type="General" weightage="20" keywordseo="Bihar-government" source="keywords">Bihar government</keyword> is making serious efforts to give a fillip to <keyword id="23049947" type="General" weightage="20" keywordseo="small-scale-and-medium-enterprises" source="Orion">small-scale and medium enterprises</keyword> which would play a crucial role in the overall <keyword id="352701" type="General" weightage="20" keywordseo="economic-development" source="Orion">economic development</keyword> of the state, a top official of the Industries department said. Around Rs 2,900 crore have been disbursed to nearly 74,540 beneficiaries under two schemes, one of which was launched only last year, for promoting Micro, Small and Medium Enterprises ( <keyword id="19910977" type="General" weightage="100" keywordseo="MSMEs" source="keywords">MSMEs</keyword>) in the state, the official said. <keyword id="19903647" type="General" weightage="20" keywordseo="bihar" source="keywords">Bihar</keyword> has a strong MSME base. To promote innovation ecosystem and unlock the enormous entrepreneurial potential of the state, the Mukhya Mantri Udyami Yojana (MMUY) and <keyword id="23049946" type="General" weightage="20" keywordseo="Bihar-Laghu-Udyami-Yojana" source="keywords">Bihar Laghu Udyami Yojana</keyword> (BLUY) were launched in 2018 and 2023 respectively focusing on promotion of MSMEs in the state. "A total of Rs 2,697 crore was disbursed to 34,441 beneficiaries from 2018 till now under MMUY. Similarly, till date Rs 200 crore of the first instalment has been disbursed to 40,099 beneficiaries under BLUY", Secretary, Department of Industries, Bandana Preyashi told PTI. On the one hand, Bihar is getting big ticket investments for major manufacturing units and on the other hand, the state government is also enabling an ecosystem where the MSMEs can thrive on the ground level for the benefit of the rural economy, Preyashi said. The Bihar Laghu Udyami Yojana aims to provide job opportunities to at least one member of poor families whose monthly income is less than Rs 6,000 a month, she said. The state government is providing Rs 2 lakh to each beneficiary in three instalments to set up and run micro and small industrial and processing units, Preyashi said. The government's objective is promotion of MSMEs through awareness, training and handholding support, the Industries secretary said. The state government is encouraging entrepreneurs and investors through the provision of a safe and sound work environment and basic infrastructural facilities which include land, roads, electricity, and water availability, she said. The Industries secretary further said, "With new policies of the state government, Bihar is witnessing significant investment promotion activities, reinforcing its position as an emerging business and industrial hub in the country. During the Bihar Business Connect 2023, 278 companies signed MoUs, committing to investments totalling Rs 50,530 crore." the secretary said. The state government has implemented the Bihar Industrial Investment Promotion Policy (BIPP), Bihar Logistics Policy 2023, Ethanol Production Incentive Policy 2021 and Textile and Leather Policy 2022 to promote industrial growth and investment in the state. "Under these policies, stage-1 clearance was given to 481 applications, with a proposed investment amount of Rs 4,512.85 crore. A total of 175 units were given clearance for financial incentives with an investment of Rs 2,195.10 crore, an all-time high, since the inception of the state investment promotion policies," she said. In 2023-24, 255 startups were recognized in the state and a total of Rs 11.92 crore has been disbursed as seed funding to these startups. From April 2023 to January 2024, Bihar Industrial Area Development Authority (BIADA) allotted plots/sheds to 427 units having a total investment size of Rs 6,145 crore covering 492 acres of land and also creating 35,224 employment in the state, said the secretary. "Infrastructure development in industrial areas was given top priority. Funds of Rs 409.33 crore were approved under Part I and Rs 212.68 crore for construction of unity mall under special assistance to states in 2023-24. In the current financial year of 2024-25,149 units have been granted stage I clearance for a proposed investment amount in Rs 3,950.48 crore in Bihar State Investment Promotion Board", she said. At present, Bihar's proposal to establish a multi-sector Special Economic Zone (SEZ) in Nawanagar and Kumarbagh has been approved by the Government of India. "Authorities concerned are also working on the establishment of Export Promotion Councils (EPCs) in Bihar that will help Bihari Exporters to expand their businesses to international markets", said the secretary. Bihar Chief Minister <keyword id="19907431" type="General" weightage="20" keywordseo="nitish-kumar" source="keywords">Nitish Kumar</keyword> on August 3 this year laid the foundation stone for Rs 1,600 crore cement grinding unit of Ambuja Concrete North Private Limited, a subsidiary of Adani group's Ambuja Cements, in Warisaliganj block in Nawada district. This is considered the largest investment in the state by a cement industry player. "The project is expected to create 250 direct jobs and 1,000 indirect jobs on the site. The project will meet the growing infrastructure needs of Bihar. Adani Group has decided to invest additional Rs 5,500 crore in Bihar in various sectors, including cement manufacturing (in Muzaffarpur), logistics (near Patna) and projects related to agro-industry in Araria, Kishanganj and Begusarai. A total of 40,000 employment will be generated by these investments", said the statement issued by the CMO after the conclusion of the event on August 4.

You Searched For "government statement" and got 12 results

How Elon Musk's Department of Government Efficiency could actually work

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Donald Trump says Elon Musk will help run the Department of Government Efficiency, or DOGE

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Elon Musk is looking to cut government waste. Here's what the US spends money on right now.

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Elon Musk's DOGE is looking for people to help cut government spending. But is he offering a real job? And is it paid?

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Government set to introduce Repairability Index for mobile, electronics products

PTI

Australia wants to ban kids under 16 from social media as world governments seek to crack down on the 'addictive' apps

Kenneth Niemeyer

Jamie Dimon suggests he will remain at JPMorgan for a very long time

Reed Alexander

Goa protests: Why is an ex-RSS chief demanding to DNA test the body of a 450-year-old sacred saint?

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Bangladesh Parliament dissolved ahead of interim government formation

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Biden and other government officials are telling port companies to get a better offer to striking workers ASAP

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Jamie Dimon says he likes Elon Musk's idea to start a DOGE, or Department of Government Efficiency

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Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries for promoting MSMEs: Official

PTI

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