Billionaire Elon Musk and Vivek Ramaswamy made a joint appearance on Capitol Hill this week to press their cost-cutting agenda, receiving mostly positive feedback from Republican lawmakers despite concerns over conflicts of interest.
The duo’s nongovernmental commission aims to find savings and efficiency in Washington, with several GOP lawmakers expressing enthusiasm for the idea. However, some Democrats, including Rep Hank Johnson, expressed skepticism about Ramaswamy and Musk’s ability to suggest budget cuts and regulatory changes that benefit their companies.
Musk and Ramaswamy have significant holdings in industries and companies regulated by the federal government, which has raised concerns among ethics experts and Trump opponents. Despite this, many Republicans dismissed potential conflicts, citing the pair’s business track record and lack of a clear constituency.
Source: https://eu.usatoday.com/story/news/politics/elections/2024/12/07/republicans-congress-musk-ramaswamy-ethics/76804767007