Listen to this article

Trump Administration Appoints Elon Musk Ally to Lead State Department Foreign Assistance, Oversees $5M Golden Visa Program

13 posts • GPT (4.1 mini)

Updated Apr 17, 2025, 05:25 AM

The Trump administration has appointed a key associate of Elon Musk as the acting head of foreign assistance at the U.S. State Department. This appointment expands the influence of the Department of Government Efficiency (DOGE), a U.S. government agency led by Musk focused on cutting costs and improving efficiency.

The DOGE team has also been involved in dismantling USAID and is now overseeing foreign aid operations within the State Department. Additionally, the agency is managing the development of the application process and website for the so-called "golden visas," which grant permanent residency in the U.S. to immigrants who invest $5 million. This initiative, announced by former President Donald Trump, aims to create a new pathway to U.S. citizenship for wealthy individuals, with Musk tasked with developing the necessary software.

More breaking stories on DeepNewz — updated live.

#Trump #Elon Musk #Department of Government Efficiency #DOGE #Musk #USAID #State Department #Donald Trump

Financial Analysis

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Will Elon Musk rejoin the Trump Administration this year?

Will Trump end DOGE in 2025?

Will Trump meet with Elon Musk by...?

# of jobs Elon and DOGE cut in 2025?

•

Sources

fortune.com(2)news18.com eluniversal.com.mx elfinanciero.com.mx

News18

@CNNnews18

'Gold Card' is the new pathway for the US citizenship for the wealthy people, President Donald Trump has previously announced. Elon Musk has been tasked to develop software for it. #ElonMusk #Goldcard #UnitedStatesofamerica #DonaldTrump https://t.co/aej0YNMGQT

El Universal

@El_Universal_Mx

🇺🇸 The Department of Government Efficiency, headed by billionaire Elon Musk, has been in charge, since last month, of creating the website and the application process for “golden visas” 👉 https://t.co/Y7xUYQBVwi https://t.co/TzeC5EOOZb

El Universal

@El_Universal_Mx

🇺🇸 The Department of Government Efficiency, headed by billionaire Elon Musk, has been in charge, since at least last month, of creating the website and the application process for “golden visas” 👉 https://t.co/Y7xUYQCtlQ https://t.co/U1nPofRsEg