Coinbase (NASDAQ:COIN) CEO Brian Armstrong has expressed strong support for the newly established Department of Government Efficiency, viewing it as a pivotal opportunity to enhance economic freedom in the United States.
What Happened: In a recent post on X (formerly Twitter), Armstrong described DOGE as a “once-in-a-lifetime opportunity” to streamline government operations and reduce its size.
The Department of Government Efficiency was announced by President Donald Trump on Nov. 13, with Elon Musk appointed to lead the initiative.
The department aims to optimize federal operations by reducing waste, cutting unnecessary regulations and restructuring agencies to improve efficiency.
Armstrong’s endorsement of DOGE aligns with his broader vision of increasing …
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