Musk not leaving yet, wrapping up work on schedule once 'incredible work at DOGE is complete': White House
Elon Musk will exit his role with the Department of Government Efficiency (DOGE) on schedule later this spring, once "his incredible work at DOGE is complete," the White House confirmed Wednesday.
"This 'scoop' is garbage," White House press secretary Karoline Leavitt posted to X on Wednesday. "Elon Musk and President Trump have both *publicly* stated that Elon will depart from public service as a special government employee when his incredible work at DOGE is complete."
Leavitt was referring to a Wednesday Politico article reporting that "Trump has told his inner circle & members of his Cabinet that" Musk "will be stepping back in the coming weeks from his current role." Musk, however, has long been anticipated to step back from DOGE when his 130 days as a "special government employee" run out in May.
Musk has been the public face of DOGE since President Donald Trump signed an executive order establishing the office on Jan. 20.
Musk officially was hired as a "special government employee," which is a role Congress created in 1962 that allows the executive or legislative branch to hire temporary employees for specific short-term initiatives.
Ivy League Student Accused Of Causing 'Emotional Harm' To Non-faculty Staff For Sending Doge-like Email
Read On The Fox News App
Special government employees are permitted to work for the federal government for "no more than 130 days in a 365- day period," according to data from the Office of Government Ethics. Musk's 130-day timeframe, beginning on Inauguration Day, runs dry May 30.
"Politico has become a tabloid paper that would rather run fake news for clicks than real reporting," White House spokesman Harrison Fields told Fox Digital on Wednesday of Politico's report. "This is exactly why President Trump and DOGE have terminated millions of dollars in wasteful, government contracts to so-called news organizations that have diminished their credibility with the American people."
A Politico spokesperson told Fox Digital that the outlet stands by its reporting when approached for comment over the matter.
Doge Slashes Over $100M In Dei Funding At Education Department: 'Win For Every Student'
DOGE is a temporary cross-departmental organization that was established to slim down and streamline the federal government. The group itself will be dissolved on July 4, 2026, according to Trump's executive order.
Musk and Trump have both previously previewed that Musk's role was temporary and would come to end in the coming weeks.
"You, technically, are a special government employee and you're supposed to be 130 days," Fox News' Bret Baier asked Musk during an exclusive interview with the DOGE leader and members of his team Thursday. "Are you going to continue past that or do you think that's what you're going to do?"
"I think we will have accomplished most of the work required to reduce the deficit by a trillion dollars within that time frame," Musk responded.
Trump hinted at Musk's departure in comments to the media Monday when asked if he wants Musk to remain in a government role for longer than the predetermined 130 days.
Doge Volunteer Credits Trump For Unprecedented Effort To Curb 'Jaw-dropping' Social Security Fraud
"I think he's amazing. But I also think he's got a big company to run," Trump responded. "And so at some point he's going to be going back."
"I'd keep him as long as I can keep him," Trump said. "He's a very talented guy. You know, I love very smart people. He's very smart. And he's done a good job," the president added. "DOGE is, we've found numbers that nobody can even believe."Original article source: Musk not leaving yet, wrapping up work on schedule once 'incredible work at DOGE is complete': White House
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Magazine
10 minutes ago
- Time Magazine
Trump Orders ICE to ‘Expand' Deportations in Democratic Cities
President Donald Trump said he wants to 'expand efforts to detain and deport illegal Aliens in America's largest cities, such as Los Angeles, Chicago, and New York, where Millions upon Millions of Illegal Aliens reside' in a lengthy Sunday night Truth Social post aimed at Democrats. 'These, and other such Cities, are the core of the Democrat Power Center, where they use Illegal Aliens to expand their Voter Base, cheat in Elections, and grow the Welfare State,' he added. Trump also said he had directed his entire administration 'to put every resource possible behind this effort, and reverse the tide of Mass Destruction Migration.' The comments follow widespread 'No Kings' protests that swept across the U.S. on Saturday— including in Washington D.C. alongside a military parade organized by the President—in response to what demonstrators say are his authoritarian excesses. Sunday's post came after Trump had earlier expressed concerns about deportations harming businesses in the American heartland. 'Our great Farmers and people in the Hotel and Leisure business have been stating that our very aggressive policy on immigration is taking very good, long time workers away from them, with those jobs being almost impossible to replace,' he wrote on Thursday. According to The New York Times, Immigration and Customs Enforcement (ICE) official Tatum King sent an email to regional leaders on Thursday that, 'Effective today, please hold on all work site enforcement investigations/operations on agriculture (including aquaculture and meat packing plants), restaurants and operating hotels.' The Trump Administration is reportedly divided on immigration raids. On Wednesday, Trump took a call from Secretary of Agriculture Brooke Rollins who relayed alarm from farmers and agricultural groups. But other officials, including Stephen Miller, have urged a hardline approach. ICE raids in Los Angeles have sparked major demonstrations, which prompted Trump to deploy 4,000 National Guards and 700 Marines last week, against the wishes of state officials.
The Hill
12 minutes ago
- The Hill
Trump Organization announces new ‘Trump Mobile' phone service
The Trump Organization on Monday announced it was launching a new mobile phone business: Trump Mobile. It's the latest new business the Trump Organization is getting into during President Trump's second term in the White House, a dynamic that has raised various ethical concerns from his critics. Donald Trump Jr., the president's oldest son, announced the new initiative along with his brother Eric Trump, on the anniversary of their father's first announcing he was running for president 10 years ago, from Trump Tower in New York City. He said the business group felt the mobile phone industry was another era where there had been 'lackluster performance' and where there could be an opportunity to provide tech to an audience that was 'under-served. With Trump mobile, Trump Jr. said 'we're going to be introducing an entire package of products.' He said at a press event that it would allow people to 'get telemedicine on their phones for one flat monthly fee, roadside assistance for their cars,' and 'unlimited texting for 100 countries around the world.' 'We think we're going to be giving something unique to the American people,' Trump Jr. said. Trump's children have taken control of Trump's business entities through the Trump Organization while he is president. While the traditional Trump family business has been focused on real estate and hotels, it has more recently become involved in several tech-related businesses, from the Truth Social platform, which is where Trump's social media posts are initiated, to cryptocurrency. A release on Trump Mobile said it would offer 5G service through all three major cellular carriers. Its flagship offering is also linked to the president: The 47 Plan. It gives consumers the offerings of Trump Mobile for $47.45 per month, a price point that remarks on Trump's time as the nation's 45th and 47th president. 'Trump Mobile is going to change the game, we're building on the movement to put America first, and we will deliver the highest levels of quality and service,' Trump Jr. said in a press statement. 'Our company is based right here in the United States because we know it's what our customers want and deserve.' The Trump release also said it would be introducing a new 'TI Phone' in august. It described it as a 'sleek, gold smartphone engineered for performance and proudly designed and built in the United States for customers who expect the best from their mobile carrier.' Gold is of course President Trump's signature color. While Trump's children are running his business, the entry into the mobile business with distinct links to the White House is likely to come under criticism from those who see Trump's family as excessively monetizing his time in office.
Yahoo
12 minutes ago
- Yahoo
Those who invested in Brady (NYSE:BRC) three years ago are up 63%
Low-cost index funds make it easy to achieve average market returns. But across the board there are plenty of stocks that underperform the market. Unfortunately for shareholders, while the Brady Corporation (NYSE:BRC) share price is up 55% in the last three years, that falls short of the market return. In the last year the stock price gained, albeit only 3.0%. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Brady was able to grow its EPS at 16% per year over three years, sending the share price higher. This EPS growth is remarkably close to the 16% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. Quite to the contrary, the share price has arguably reflected the EPS growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Brady, it has a TSR of 63% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! Brady shareholders gained a total return of 4.4% during the year. Unfortunately this falls short of the market return. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 9% over five years. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. If you would like to research Brady in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
