Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Nasdaq, S&P 500 eye gains as stocks rebound

05/08/2025

Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

05/08/2025

Impressive 467 BTC Production in July

05/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Market Prophet Tom Lee Explains Why He Chose Ethereum Over Bitcoin

    04/08/2025

    How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

    04/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 1, 2025

    04/08/2025

    Ethereum (ETH) Reclaims $3,800. Is $4,000 Likely?

    04/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    05/08/2025

    CryptoPunks and Pudgy Penguins Draw Major Sales

    04/08/2025

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    03/08/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    Nasdaq, S&P 500 eye gains as stocks rebound

    05/08/2025

    Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

    05/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    AI bot ‘Clanker’ racks up $34M in swap fees launching Base memecoins

    05/08/2025
  • Blockchain

    AI bot ‘Clanker’ racks up $34M in swap fees launching Base memecoins

    05/08/2025

    Collably Network and Huostarter Join Forces to Democratize Web3 Launchpads

    05/08/2025

    Gaia AI Mainnet Launch Accelerates Mira’s Vision for Decentralized Trust in AI

    04/08/2025

    Coinbase’s network Base launches free security review program for native builders

    04/08/2025

    Pipe Network debuts Firestarter Storage for Solana developers

    04/08/2025
  • DeFi

    Chainlink Introduces State Pricing to Improve Onchain Asset Valuation

    05/08/2025

    Stables Labs Launches USDX, sUSDX on Base Network for Advanced Cross-Chain Accessibility

    05/08/2025

    Arcadia Finance users reimbursed by DeFi hack insurance

    05/08/2025

    Strategic Hire Signals Explosive RWA Growth

    05/08/2025

    Aave repurchases 70,000 tokens, boosting DeFi lead

    05/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Nasdaq, S&P 500 eye gains as stocks rebound

    05/08/2025

    Noah and VelaFi Partner to Bring Real-time Stablecoin B2B Payments to Latin America and Beyond

    05/08/2025

    U.S Neobank Slash Debuts Stablecoin with Stripe’s Bridge for Global Business Payments

    05/08/2025

    Western Union Eyes Stablecoins as Remittance Giants Face Outward Pressure

    03/08/2025

    Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?

    03/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

    05/08/2025

    Coinbase to Delist Popular Cryptocurrency This August: Details

    05/08/2025

    Binance Sends Millions in Crypto to Wintermute Amid Transparency Questions

    05/08/2025

    Bitcoin Exchange Binance Deletes Numerous Altcoin Trading Pairs from Margin Trading! Here Are the Details

    05/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    05/08/2025

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    05/08/2025

    The Biggest Games Releasing in August 2025

    03/08/2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury

    05/08/2025

    French MPs Float Plan to Mine Bitcoin With Surplus Nuclear Energy

    04/08/2025

    A Remarkable Achievement in Bitcoin Mining

    04/08/2025

    Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

    05/08/2025

    August 6 LINQTO Hearing Isn’t About Ripple’s $18M XRP Sales

    05/08/2025

    EU proposal to scan all private messages gains momentum

    05/08/2025

    The case that refuses to die

    05/08/2025

    Nasdaq, S&P 500 eye gains as stocks rebound

    05/08/2025

    Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

    05/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    AI bot ‘Clanker’ racks up $34M in swap fees launching Base memecoins

    05/08/2025
  • MarketCap
NBTC News
Home»Legal»Donald Trump Proposes Elon Musk as Federal Cost-Cutting Consultant Amid Growing Crypto Alliance
Legal

Donald Trump Proposes Elon Musk as Federal Cost-Cutting Consultant Amid Growing Crypto Alliance

NBTCBy NBTC28/08/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • In recent developments, former President Donald Trump envisions a prominent role for Elon Musk in his potential cabinet.
  • This strategic proposal highlights Trump’s recognition of Musk’s expertise, particularly in artificial intelligence and efficiency.
  • Trump described Musk as an excellent resource for government consulting, emphasizing his capabilities in optimizing federal expenditures.

This article examines the implications of Trump’s proposed cabinet role for Musk, focusing on their synergistic relationship and potential impact on the tech and crypto sectors.

Trump’s Proposal for Musk’s Cabinet Position

In an interview with Shawn Ryan, Donald Trump revealed plans to offer Elon Musk a significant position if he were to be reelected. The former president articulated his admiration for Musk, particularly noting the entrepreneurial skills that have driven innovation within his companies. Trump suggested that while Musk might face challenges juggling numerous ventures like Tesla and SpaceX, a role as a federal cost-cutting consultant could capitalize on Musk’s unique insights. By leveraging Musk’s skills in artificial intelligence, Trump believes he could introduce effective strategies to enhance government efficiency.

The Intersection of Technology and Politics

Musk’s growing political engagement is evident, especially considering his recent contributions to discussions on governmental efficiency. Notably, Trump highlighted the importance of Musk in modernizing federal operations through advanced technology. In a Bloomberg report, he quoted, “He could sort of, as the expression goes, ‘consult’ with the country and give you some very good ideas, like on AI.” This acknowledgment lays the groundwork for a strategic alignment that could influence significant policy decisions, particularly in the fields of technology and finance.

The Growing Alliance Between Trump and Musk

The alliance between Trump and Musk signals a potential shift in U.S. policy, particularly concerning electric vehicles and cryptocurrency regulations. With Musk’s companies receiving substantial government contracts, his aspirations align increasingly with the political landscape. Such cooperation may catalyze advancements in emerging technologies, addressing both environmental concerns and economic opportunities. Musk’s partiality towards Trump, including his involvement in forming a super PAC to support Trump’s campaign, underscores their growing partnership, which could reshape the overarching narrative in tech policy.

Critical Reception of the Trump-Musk Alliance

Despite the promising potential for collaboration, there has been considerable criticism regarding the Trump-Musk relationship. Critics are concerned about the implications of Musk’s influence on public discourse through his platform, X, particularly amidst allegations of bias. The intersection of a tech billionaire’s personal insights with federal policy raises questions about accountability and transparency within government decisions. Nevertheless, Musk remains a pivotal figure whose endorsement of Trump reverberates throughout political and financial sectors.

Conclusion

As the political landscape evolves, the proposed collaboration between Donald Trump and Elon Musk may usher in a new era of technological governance. The potential impact on the electric vehicle and cryptocurrency industries, along with advancements in artificial intelligence, is substantial. Readers can anticipate a dynamic interplay between political directives and technological innovation, particularly if Trump reclaims the presidency. The unfolding narrative will likely be shaped by Musk’s involvement and the subsequent influence on federal policies.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

05/08/2025

August 6 LINQTO Hearing Isn’t About Ripple’s $18M XRP Sales

05/08/2025

EU proposal to scan all private messages gains momentum

05/08/2025

The case that refuses to die

05/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Nasdaq, S&P 500 eye gains as stocks rebound

05/08/2025

Nigeria Calls for Action After $2.1B in Crypto Fraud Hits West Africa

05/08/2025

Impressive 467 BTC Production in July

05/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.