SIMI VALLEY, Calif. — The United States should stockpile guns, ammunition and drones instead of bitcoin, JPMorgan Chase CEO Jamie Dimon said Friday at the inaugural Reagan National Economic Forum in California.  “We shouldn’t be stockpiling bitcoins,” Dimon said when asked about how industrial policy is entwined with national security policies during a panel. “We should stockpiling guns, bullets, tanks, planes, drones, you know, rare earths. We know...

Tesla and SpaceX CEO Elon Musk wrapped up his time as the public face of DOGE in a press conference with President Donald Trump on Monday, leaving behind a total estimated $175 billion in government cost-cutting over the past few months.  The $175 billion in savings from slashing government contracts, selling assets, identifying improper payments, and other cost-cutting measures amounts to $1,086.96 per each individual taxpayer, according to...

With Elon Musk leaving his role at the White House as head of the Department of Government Efficiency and President Donald Trump saying DOGE’s work will continue, the question now in Washington is who will take the reins to become Musk’s successor. Musk, who has led Trump’s waste-cutting task force from Inauguration Day until now, announced his departure in an X post this week, saying: “As my scheduled...