IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,815.90 ▼ 0.45% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL5.13— 0.00% USD/MXN16.96▼ 0.01% USD/CLP941.13— 0.00% USD/COP3,077▼ 0.78% USD/PEN3.35▼ 0.01% USD/ARS1,509▼ 0.28% USD/UYU40.26▲ 3.12% USD/PYG5,903▲ 3.35% USD/BOB11.98▼ 2.70% USD/DOP58.96▲ 0.56% USD/CRC447.55▲ 1.64% USD/GTQ7.63▲ 2.97% USD/HNL26.85▲ 3.13% USD/NIO36.62▲ 2.58% USD/VES830.41▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.35% EUR/BRL5.94▲ 0.19% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 63,815.90 ▼ 0.45% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Saturday, September 12, 2026

Musk Triumphs in Power Struggle, Ousts Billionaire from Trump’s New Department

By · January 24, 2025 · 2 min read

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Elon Musk has emerged victorious in a power struggle within the Trump administration, leading to the departure of fellow billionaire Vivek Ramaswamy from the newly created Department of Government Efficiency (DOGE).

The Wall Street Journal reported this development, which unfolded just a week into Donald Trump’s presidency. Musk and Ramaswamy, initially appointed as co-directors of DOGE, clashed over the department’s structure and priorities.

Musk advocated for spending cuts and AI implementation to reduce the federal workforce. Ramaswamy favored economic deregulation and constitutional arguments for smaller government.

The turning point came when Trump signed an executive order incorporating DOGE into the executive branch. This move aligned with Musk’s vision but contradicted Ramaswamy’s preference for an external think tank.

Consequently, Ramaswamy left the administration to pursue a gubernatorial bid in Ohio. Musk’s influence in the White House has grown significantly. He now occupies an office in the West Wing and has been instrumental in shaping DOGE‘s future.

Musk Triumphs in Power Struggle, Ousts Billionaire from Trump's New Department
Musk Triumphs in Power Struggle, Ousts Billionaire from Trump’s New Department.
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The department, renamed United States DOGE Service, will replace the existing United States Digital Service. The executive order mandates federal agencies to create DOGE teams, focusing on modernizing technology and software.

This aligns with Musk’s priorities for maximizing government efficiency and productivity. The implementation deadline is set for July 4, 2026. However, DOGE’s incorporation into the executive branch raises new challenges.

The department now faces stricter transparency and ethics rules. Musk can no longer use his private fortune to fund DOGE operations, as previously suggested.

As these changes unfold, Trump’s Office of Personnel Management is taking steps reminiscent of DOGE’s initial goals. They are requesting federal agencies to compile lists of easily dismissible workers, an idea Musk has long supported.

This power shift within the Trump administration highlights Musk‘s growing influence and sets the stage for significant changes in government efficiency initiatives. The coming months will reveal the full impact of these developments on federal operations and policy direction.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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