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Trump: Musk's D.O.G.E to Provide Advice from Outside Government and Release Work Report

U.S. President-elect Trump said on Thursday that a government efficiency task force led by Musk will release a report on streamlining the U.S. government. Trump said in a speech at his Mar-a-Lago estate in Florida, "They will put out a separate report, and in the end, there will be a big report."

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Trump: Musk's D.O.G.E to Provide Advice from Outside Government and Release Work Report

U.S. President-elect Trump said on Thursday that a government efficiency task force led by Musk will release a report on streamlining the U.S. government. Trump said in a speech at his Mar-a-Lago estate in Florida, "They will put out a separate report, and in the end, there will be a big report."

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The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off. Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. The company maintains that it cannot act against individual or group chats, which are “private amongst their participants,” but it will respond to requests in relation to sticker sets, channels and bots which are publicly available. During the invasion of Ukraine, Pavel Durov has wrestled with this issue a lot more prominently than he has before. Channels like Donbass Insider and Bellum Acta, as reported by Foreign Policy, started pumping out pro-Russian propaganda as the invasion began. So much so that the Ukrainian National Security and Defense Council issued a statement labeling which accounts are Russian-backed. Ukrainian officials, in potential violation of the Geneva Convention, have shared imagery of dead and captured Russian soldiers on the platform. Ukrainian forces successfully attacked Russian vehicles in the capital city of Kyiv thanks to a public tip made through the encrypted messaging app Telegram, Ukraine's top law-enforcement agency said on Tuesday. This provided opportunity to their linked entities to offload their shares at higher prices and make significant profits at the cost of unsuspecting retail investors.
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