The post Trump and Musk Meet With Milei appeared on BitcoinEthereumNews.com.

President-elect Donald Trump met with Elon Musk and Argentina’s President Javier Milei at Mar-a-Lago, Florida, ahead of the Conservative Political Action Conference (CPAC) Investor Summit. This meeting marks Trump’s first interaction with a foreign leader since his electoral victory on November 5. During a gala at Mar-a-Lago, Milei extended his congratulations to Trump, asserting that the election outcome demonstrated “that the forces of heaven [were] on our side.” He further remarked that “the winds of freedom [were] blowing much stronger” following Trump’s win. Milei, known for his libertarian views, delivered a speech in both English and Spanish, criticizing tax systems that he perceives as instruments for “the redistribution of wealth at gunpoint.” He also lauded Elon Musk, who is set to lead Trump’s newly announced Department of Government Efficiency, commending Musk’s social media platform, X, for its role in “saving humanity.” Source: X Since assuming office in December 2023, President Javier Milei has implemented a series of measures aimed at reducing the size and scope of Argentina’s government. These initiatives are rooted in his libertarian philosophy, emphasizing minimal state intervention and fiscal conservatism. Trump and Musk appear ready to attempt similar measures in the U.S. Reduction of Government Ministries One of Milei’s initial actions was to streamline the executive branch by reducing the number of ministries from 24 to 8. This restructuring involved eliminating or merging several key ministries, including Education, Social Development, Women, Genders and Diversity, and Health. This move was part of his broader strategy to diminish government bureaucracy and cut public spending. Public Sector Workforce Downsizing In line with his commitment to reduce government expenditure, Milei’s administration terminated thousands of public sector employees. By July 2024, approximately 25,000 government workers had been laid off, with an additional 2,500 to 5,000 contracts not renewed by the end of…

---

Filed under: News - @ November 16, 2024 8:09 pm