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.
WHAT’S NEXT FOR DOGE AFTER ELON MUSK’S DEPARTURE? ‘ONLY JUST BEGUN’
« 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.
ELON MUSK DOES NOT REGRET WORK AT DOGE, SUPPORT FOR TRUMP: ‘ESSENTIAL’ FOR AMERICA TO ‘REACH GREATER HEIGHTS’
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. »
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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.
Source link : https://www.foxnews.com/politics/president-trump-teases-last-day-not-really-elon-musk-doge-oval-office-presser-set-friday
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Publish date : 2025-05-30 02:21:00
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