In recent weeks, digital currencies have increased in value due to the presidential victory of the Republican candidate. The latest news indicates that the elected President of the United States, Donald Trump, has announced some of the names that will be part of his cabinet.
The prominent billionaire Elon Musk will head the new Department of Government Efficiency (DOGE in English) along with businessman Vivek Ramaswamy. This new department will focus on implementing "large-scale structural reforms" that could significantly impact the federal Administration, according to Trump's announcement. Musk, who donated over 118 million dollars to Trump's campaign, and Ramaswamy have advocated for cuts in government spending, which could possibly involve staff reductions.
Musk's potential closeness to the future White House Administration has raised concerns, as his companies in the automotive and space sectors have contracts with the federal government. Among the other appointments announced by Trump are Pete Hegseth as Secretary of Defense, John Ratcliffe as CIA Director, Kristi Noem as Secretary of Homeland Security, and Mike Huckabee as ambassador to Israel, among others.
These appointments are part of Trump's strategy to form a team aligned with his policies, especially on immigration and national security issues. Additionally, a strong emphasis is expected to be placed on foreign relations, particularly in the Middle East, with the appointment of people like Huckabee and Steve Witkoff.
On the other hand, Republican Congressman Mike Waltz has been proposed as National Security Advisor, a key position for addressing geopolitical conflicts. These appointments outline the direction that Trump's Administration could take in various areas, from government efficiency to foreign policy and national security.
