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A group of 13 Democratic senators is urging an investigation into Elon Musk's potential conflicts of interest regarding his Starlink satellite service, amid allegations he may have used his White House connections to secure international deals. Internal messages indicate U.S. embassies and the State Department promoted Starlink in various countries, while a report reveals Musk's business interests intersect with over 70% of targeted government agencies.
Under pressure to cut costs, Army leaders have partnered with Elon Musk to eliminate wasteful spending and streamline operations, potentially reducing the civilian workforce by up to 20,000 positions. They aim to focus on modernizing equipment, prioritizing newer models over outdated programs, while preparing for congressional pushback with a directive granting them greater purchasing autonomy. A consulting firm has been engaged to communicate the inefficiencies of certain programs to the public and lawmakers.
Elon Musk attended a Trump Cabinet meeting, showcasing a collection of hats, including a DOGE cap, while discussing government efficiency initiatives. Despite facing backlash over spending cuts, Trump praised Musk's contributions, stating he could remain in the administration as long as he wishes. Musk's involvement may diminish as he plans to reduce his role with the Department of Government Efficiency (DOGE) starting in May.
Elon Musk is set to officially step down from his role in the White House in May, though he plans to remain involved in government matters for a day or two each week. His tenure has significantly impacted his wealth, with a reported loss of $113 billion since January, largely due to a 33% drop in Tesla's stock price. Public disapproval of Musk has risen, paralleling that of President Trump, as his government efforts have failed to meet expectations, leading to protests and declining sales for Tesla.
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Donald Trump's memecoin, TRUMP, surged 54% in value following the announcement of a private dinner for top investors, with the president holding 80% of the tokens. Critics argue this investment strategy circumvents Federal Election Commission limits, while allegations of insider trading within his administration continue to surface, raising concerns about market manipulation. Meanwhile, a federal judge ordered the return of a Venezuelan immigrant deported due to an administrative error, highlighting ongoing immigration controversies linked to the Trump administration.
Small businesses are struggling under Trump's tariffs, which are failing to generate promised revenue and are seen as a tax increase affecting lower and middle-income Americans the most. Meanwhile, Vice President JD Vance reflects on his brief encounter with Pope Francis, who advocated for marginalized communities. In Israel, far-right minister Itamar Ben-Gvir claims support from U.S. Republican leaders for aggressive actions in Gaza, while Illinois Representative Jan Schakowsky plans to announce her retirement, opening the Democratic primary for her district.
US health secretary Robert F. Kennedy Jr. labeled sugar as "poison," urging Americans to eliminate added sugar from their diets while advocating for better food labeling. He also announced plans to remove synthetic food dyes from the US food supply within two years.In other news, US lawmakers condemned the detention of two students for their pro-Palestinian activism, calling it a "national disgrace." They emphasized the need for free speech protections amid concerns over constitutional rights violations.
Tesla is considering entering the Indian market, facing challenges from high tariffs that could double car prices. CFO Vaibhav Taneja highlighted India's potential due to its large middle class, while the government proposes reducing tariffs for companies committing to local manufacturing. Amid US-India trade tensions, Tesla's entry could align with broader economic negotiations.
US Vice President JD Vance is on a four-day visit to India, meeting Prime Minister Narendra Modi to discuss trade and defense partnerships as the two countries finalize a trade deal. This follows a temporary pause on tariff hikes by President Trump, with India open to reducing tariffs on over half of its US imports. The two nations aim to address trade imbalances, with India enjoying a significant trade surplus of $45.7 billion in 2024.
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