Musk Critiques Trump’s Spending Bill: A Disappointment for DOGE?
In a surprising turn of events, billionaire entrepreneur Elon Musk took to the media to express his dissatisfaction with President Donald Trump’s recent spending bill. During a preview clip for CBS Sunday Morning, Musk shared his thoughts with host David Pogue, revealing his concerns about the bill’s potential impact on the economy and, notably, on Dogecoin (DOGE).
Musk, known for his candid and often controversial opinions, declared he was "disappointed" with the legislation, stating that the increase in the deficit could "undermine" the integrity of DOGE. “I think a bill can be big or it can be beautiful. But I don’t know if it can be both. My personal opinion," he elaborated, casting doubt on the effectiveness of the bill as it currently stands.
The tech mogul’s criticism didn’t end there; he took his concerns to the Washington Post, voicing frustration over how DOGE has been portrayed in the media and by government authorities. Musk lamented that the cryptocurrency has become a "whipping boy" for federal economic failures, stating, “So, like, something bad would happen anywhere, and we would get blamed for it even if we had nothing to do with it.”
This unusual defense of DOGE highlights Musk’s ongoing relationship with the cryptocurrency, which has seen both soaring popularity and tumultuous criticism. As DOGE continues to capture the attention of investors and the general public alike, Musk’s comments reflect the broader challenges facing the cryptocurrency market amidst economic fluctuations.
As the debate over federal spending intensifies, Musk’s remarks raise questions about the intersection of cryptocurrency and traditional economic frameworks. Will DOGE endure this negative scrutiny, or will it rise above as a legitimate player in the financial landscape? Only time will tell.
Watch the video by New York Post
Video “Musk slams Trump’s ‘Big, Beautiful Bill,’ whines about treatment of DOGE in shocking flip” was uploaded on 05/28/2025 to Youtube Channel New York Post