Former presidential candidate Vivek Ramaswamy has announced his departure from his position as co-leader of the Department of Government Effectiveness (DOGE), the advisory organization he helped create alongside Elon Musk.
Reports suggest that Ramaswamy is preparing to run for governor of Ohio, a move that matches speculation following his recent social media activity.
“It was my honor to help support the creation of DOGE,” Ramaswamy posted on X on January 20, 2025. “I am confident this Elon and the team will succeed in streamlining government.
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Ramaswamy to announce campaign soon: reports
Although Ramaswamy has not confirmed his gubernatorial aspirations, CBS News and The New York Times have reported that he is expected to announce his campaign soon.
DOGE, officially created by one of President Donald Trump’s executive orders, is tasked with reducing federal spending and improving efficiency through budget cuts and workforce restructuring.
DOGE spokesperson Anna Kelly confirmed Ramaswamy’s departure, saying: “He intends to run for office soon, which requires him to stay outside of DOGE based on the structure we we announced today.
Ramaswamy’s potential candidacy would target Ohio Governor Mike DeWine’s seat as DeWine’s second and final term ends in January 2027.
Speculation gained traction after Ramaswamy reshared a post from a parody account suggesting he run for governor of Ohio, commenting that it was “not a bad idea.”
It was my honor to help support the creation of DOGE. I am confident that Elon and his team will succeed in streamlining government. I will have more to say very soon about my future plans in Ohio. Most importantly, we can all agree to help President Trump make America great again!
– Vivek Ramaswamy (@VivekGRamaswamy) January 20, 2025
However, sources close to the Trump administration suggest that Ramaswamy’s exit from DOGE was partly influenced by Musk’s desire for new leadership.
Policy reported that Ramaswamy’s outspoken views on American culture and his criticism of hiring practices had strained relations, including with Musk.
DOGE, named after Musk’s favorite cryptocurrency Dogecoin, has faced significant challenges since its inception.
A few minutes after its creation, consumer defense band Public Citizen and others filed lawsuits alleging that DOGE violated the Federal Advisory Committee Act by allowing individuals to influence government decisions without sufficient transparency.
As Musk assumes sole leadership of DOGE, the organization faces scrutiny over its ambitious goals and legal challenges. Meanwhile, Ramaswamy’s departure sets the stage for a potential political comeback, with the Ohio governorship as his next target.
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SEC sues Musk for Twitter purchase
Last week, the United States Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, accusing him of failing to disclose his acquisition of a significant stake in Twitter, now renamed X, early 2022.
The SEC claimed that Musk’s late disclosure allowed him to buy stocks at lower pricessaving at least $150 million. According to the filing, Musk allegedly violated securities regulations by failing to file a report within 10 days of acquiring more than 5% of Twitter’s stock.
The SEC says Musk didn’t disclose his holdings until April 4, 2022, 11 days after the deadline. On the day it was revealed, Twitter’s stock price jumped more than 27%.
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The post Vivek Ramaswamy steps back from DOGE leadership with Elon Musk, Eyes Ohio Governor Run appeared first on 99Bitcoins.
