Politics and Government Politics and Government
Fri, February 21, 2025
[ Fri, Feb 21st ] - Politico
Long-distance relationship
[ Fri, Feb 21st ] - Newsweek
Airbnb Faces Boycott Calls
Thu, February 20, 2025
Wed, February 19, 2025
Tue, February 18, 2025
[ Tue, Feb 18th ] - Politico
Platkin and the resistance
Mon, February 17, 2025
Sun, February 16, 2025
Sat, February 15, 2025

Is the US Congress powerless against Elon Musk's D.O.G.E?


//politics-government.news-articles.net/content/ .. gress-powerless-against-elon-musk-s-d-o-g-e.html
Published in Politics and Government on Tuesday, February 18th 2025 at 23:00 GMT by MSN   Print publication without navigation

  • Senate Judiciary Chair Chuck Grassley admitted on Tuesday that Congress is powerless to stop Elon Musk's sweeping government cuts. "Congress can't do anything except complain," Grassley said on a press call,

The article from MSN discusses the influence of Elon Musk on the cryptocurrency Dogecoin (DOGE) and the perceived inaction of the U.S. Congress in regulating such influences. It highlights how Musk's tweets and public endorsements have significantly impacted Dogecoin's market value, leading to concerns about market manipulation and the need for regulatory oversight. Despite these concerns, Congress has been described as largely ineffective or slow in addressing the regulatory challenges posed by cryptocurrencies, particularly in how influential figures like Musk can sway market dynamics. The piece suggests that while there are calls for clearer regulations, the complexity of cryptocurrency, coupled with the rapid pace of technological change, leaves Congress struggling to keep up, potentially leaving investors vulnerable to market volatility driven by social media.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/is-the-us-congress-powerless-against-elon-musk-s-d-o-g-e/ar-AA1zk4Ro ]

Publication Contributing Sources