• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Ramaswamy to depart from DOGE to pursue Ohio governor bid- Politico

by January 20, 2025
written by January 20, 2025

Investing.com– Vivek Ramaswamy, who is President-elect Donald Trump’s nominee to co-lead the Department of Government Efficiency with Elon Musk, may leave the group before his tenure even begins, Politico reported on Sunday.

Ramaswamy plans to announce a campaign for Ohio Governor and could leave DOGE by as soon as the end of January, Politico reported, citing a person close to the matter.

Ramaswamy, who had also briefly campaigned for the Presidency, was passed over by Ohio Governor Mike DeWine to replace Vice President-elect JD Vance in the Senate on Friday, with Lieutenant Governor Jon Husted being picked for the role. 

Ramaswamy’s exit further complicates the prospect of DOGE’s success, which has set the ambitious goal of cutting government spending by $2 trillion by July 2026. Musk had also recently downplayed this goal, stating that $1 trillion in spending cuts appeared much more feasible.

While the agency has reportedly begun planning its agenda, doubts still persist over just how much sway it will hold in the government, given that the final decision for cutting fiscal spending still falls to Congress.

While Trump is expected to sign executive orders giving the group some authority, its actual regulatory outreach still remains unclear. 

Ramaswamy could not be immediately reached for comment.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump to declare national emergency to unlock new powers- Bloomberg
next post
Morning Bid: Mr Market meets Trump 2.0

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025
    • Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (651)
    • Stock (6,426)

    Latest News

    • China outlines more controls on exports of rare earths and technology
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

    Popular News

    • Morgan Stanley’s Michael Grimes in talks for role in Trump administration, WSJ reports
    • UK’s new finance minister Reeves lines up tax hikes and borrowing in first budget

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy