Post by
deepoil0808 on Nov 12, 2024 10:02pm
Lithium to BOOM under MUSK efficiency agency
Musk was one of the persons named for the Government efficiency agency, which is to cut down on government waste.
Trump said that the pair (Musk and other person) will work together to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."
This is great news for lithium sector as bureaucracy and regulation will be slashed leading to a faster route to a lithium mine and, also M&A.
https://www.foxnews.com/politics/elon-musk-vivek-ramaswamy-lead-trumps-department-government-efficiency
Comment by
geolteacher on Nov 12, 2024 11:02pm
there is no 'government efficiency agency' nor anything with a similar name. the Congressional Budget Office is concerned with government efficiency, but it does not report to the White House - it is part of Congress. Musk has no official role in the US federal government.
Comment by
60offmax on Nov 13, 2024 4:55pm
A new agency will be created with new official roles for Musk and cie.