Marjorie Taylor Greene Will Lead the DOGE Subcommittee Under Elon Musk, Vivek Ramaswamy

It was reported on Thursday that Rep. Marjorie Taylor Greene (R-GA) will lead the newly formed Government Efficiency Subcommittee under the Government Operations Committee (DOGE).

This department is headed by CEO X Elon Musk and former US presidential candidate Vivek Ramaswamy and was announced by President-elect Donald Trump last week. This department shares the same name as the famous cryptocurrency Dogecoin, indicating Musk's enthusiasm for cryptocurrency. According to Trump's announcement, DOGE intends to "dissolve the government's bureaucratic apparatus, cut unnecessary regulations, reduce wasteful spending, and restructure federal agencies." Marjorie Taylor Greene was selected to the DOGE Subcommittee According to CNBC, Greene will be the chairman of the Subcommittee on Government Efficiency and Effectiveness. In a statement to this news agency, Greene expressed enthusiasm for this role and said, "I am thrilled to chair this new subcommittee, designed to work closely with President Trump, Elon Musk, Vivek Ramaswamy, and the entire DOGE team." This initiative is in line with Trump's overall efforts to improve the efficiency of government operations. At the Bitcoin 2024 Conference in Nashville, Trump said, 'We will have regulations. But from now on, the regulations will be written by those who support your industry, not oppose it.' Elon Musk and Vivek Ramaswamy present detailed plan for DOGE Musk and Ramaswamy are also launching the podcast "Dogecast" to let the public know about their efforts to reduce government spending. Ramaswamy explained in a video posted on his YouTube channel on November 21st, "We want to take the public with us to pull back the curtain, take them backstage to see what waste, fraud, and abuse in government really looks like". In an essay in this week's Wall Street Journal, Musk and Ramaswamy outlined their approach, criticizing lawmakers for promoting inefficiency. "The existing and increasingly powerful bureaucracy is a real threat to our republic, and politicians have been enabling it for too long," Musk and Ramaswamy wrote. "That's why we're doing something different. We're entrepreneurs, not politicians." DOGE and the Blockchain Industry The establishment of DOGE is a bold step towards modernizing government operations with advanced technology. Under the leadership of Greene and with the participation of innovators like Elon Musk and Vivek Ramaswamy, this subcommittee intends to address the regulatory confusion and seek opportunities to rationalize regulations, particularly those affecting the blockchain industry. During the election campaign, Trump pledged to implement cryptocurrency-friendly policies, including plans to restructure agencies to better support blockchain and digital assets. Although these promises have not been verified, they reflect a broader vision for driving innovation in the technology sector. This is in line with his stated intention to reform the SEC's heavily enforceable regulatory approach and appoint officials with a more balanced view of cryptocurrencies. Although previous projects of Trump, such as World Liberty Financial, have struggled to attract attention, DOGE signals a more comprehensive effort. By emphasizing effectiveness and cooperation, it has the potential to reshape the way electronic currency policies are formed, narrowing the gap between government and the blockchain field.