In a recent interview with Donald Trump, Elon Musk suggested creating a “government efficiency commission,” hinting at a potential role in the White House. The interview, which took place on Monday, covered a wide range of topics including inflation, trade, nuclear power, and education.
However, they did not discuss Bitcoin or cryptocurrency, which disappointed the crypto community. Many had hoped for insights on crypto since both Musk and Trump have connections to the industry.
Highlights from Elon Musk and Donald Trump Interview
Just before the interview with Donald Trump, Elon Musk’s social media platform, X, experienced a major DDoS attack despite extensive stress testing the day before. Musk reported that the interview attracted enormous traffic, with a remarkable 8 million concurrent listeners on the platform.
Source: X
During the discussion, which covered a range of topics including inflation and the state of the U.S. economy, Musk addressed concerns about the European Union Commission’s warnings on misinformation. He criticized efforts to impose censorship on other countries, stating, “there’s a lot of attempts to force censorship.”
Trump, on the other hand, was critical of the Biden administration’s handling of inflation, saying that “people have been absolutely decimated” by rising prices and stressing the need to “get the prices down.” He also targeted the FDA and the Department of Education, criticizing the drug approval process as overly bureaucratic. Musk echoed these sentiments, noting that the FDA’s approval process is excessively lengthy. Interestingly, Trump supports a “right to try” law that allows individuals to use unapproved drugs pending FDA approval.
Musk and Trump Discuss Economy and White House Role
In their recent exchange, Elon Musk and Donald Trump shared their views on economic challenges, with Musk proposing a new role for himself in the Trump administration. Musk suggested creating a “government efficiency commission” and expressed his willingness to contribute, saying, “I’d be happy to help out on such a commission — I’d love if it were formed.” Trump responded positively to this idea.
Musk’s relationship with Trump has strengthened recently, as he has been advising the former president on electric vehicles and cryptocurrency policies. This comes after a strained relationship with the Biden administration, particularly amid ongoing SEC battles with the crypto industry. Major players like Coinbase have been vocal about regulatory overreach and the need for greater transparency.
Previously, Musk was part of Trump’s White House advisory councils but stepped down after Trump’s decision to withdraw from the Paris Climate Accord.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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