Musk’s role in administration, Trump’s tariffs, Berkeley’s prison proposal, Dowmer scandal and Chevron’s Venezuelan business: Politics of the Week – Tesla (NASDAQ: TSLA), Chevron ( NYSE:CVX)

Last week was a whirlwind of news, with major developments from the White House to El Salvador ongoing. from Elon Musk’s President Trump’s new administration role in tariff collection, the weekend is full of stories that put us on our toes. This is a quick review of top stories.

Elon Musk’s new government role

Elon Musk was appointed as a “special government employee” by the White House. Musk’s new role leads Trump’s cost-cutting initiative, and the government’s efficiency ministry has attracted the attention of some institutions and Democratic lawmakers. The appointment of the billionaire has made it possible for him to bypass certain disclosure rules that apply to ordinary government employees.

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Trump’s tariffs on top trading partners

President Donald Trump imposes tariffs on three of the United States’ largest trading partners – Canada, China and Mexico. Macro strategists warn of potential negative effects when Craig Shapiro These tariffs are believed to be a tool to transition the U.S. economy to a more sustainable future.

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Buckley’s prison proposal

El Salvador’s president, Nayib Bukele, has filed for a criminal convict to his country’s United States. The proposal, called “unprecedented” by U.S. Secretary of State Marco Rubio, could make El Salvador’s prison system sustainable.

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The gate scandal

Marko ElezMember of the government efficiency department, resigned after reveling him in his involvement in a racist social media account. This is due to a legal dispute involving Elez’s acquisition of sensitive Treasury data.

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Chevron’s Venezuelan business

The Trump administration is working with Chevron CVX In the company’s business in Venezuela. The government may revoke the license to operate Chevron in the country.

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