That was always the deal! Musk runs all
Elon Musk Brings His Way of Doing Things to Washington
WASHINGTON -- The first test of Elon Musk's attempt to rein in Congress and its prolific spending threatened to shut down the government.The drama erupted when the billionaire torpedoed Speaker Mike Johnson's initial end-of-the-year measure to extend government funding. The events demonstrated that while Musk has the power to destroy carefully negotiated plans, it remains unclear if he can push Republican lawmakers toward passing new measures.Yes, the Tesla and SpaceX chief executive has had President-elect Donald Trump's ear, but for many around Washington, it was hard to imagine that lawmakers would give up their say in appropriations and oversight of government agencies to Musk and his government-cutting DOGE agenda.Then Wednesday's tweet storm blew through. In the single stretch of an hour alone, Musk showed his dissatisfaction with Johnson's proposed legislation -- which the billionaire said was full of excessive spending -- by posting a broadside attack roughly every other minute
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
2
Report
Login to post
No comments yet